faidr Android app now offers exclusive content and podcasts alongside commercial-free AM/FM

faidr 3.0 UI coming to Android in early Q3

BOULDER, CO - (NewMediaWire) - July 10, 2023 -  Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), developer of a proprietary AI platform for audio and innovative technologies for podcasts that is reinventing how consumers engage with audio, announced today that it has released its exclusive content offering faidrRadio to the Android version of its flagship mobile app, faidr. Podcasts were added to the product in May of this year.

faidrRadio includes both Music Casts—episodic, hosted content that functions like a podcast with full-track plays—and Music Stations, wall-to-wall music playlists based on genre or theme. The Company launched faidrRadio in its iOS faidr product in January of 2023. Upon its launch on iOS, there were 50 hours of exclusive content available within faidrRadio. Since the iOS launch, Auddia has increased the amount of exclusive content on faidrRadio by 4x due to consumer interest. Android users will now be able to join iOS listeners in accessing close to 200 hours of exclusive faidrRadio content in the current release.

“We are excited that our Android users can begin listening to our faidrRadio programming alongside their favorite podcasts and commercial-free AM/FM stations,” said Auddia’s CEO Michael Lawless. “Since originally launching faidrRadio in our iOS product, we’ve seen it account for approximately 33% of all the plays in that app, and we’re happy Android users now get to experience our exclusive Music Casts and Music Stations.”

The Company now moves to bring the faidr 3.0 interface to Android (download here), which is currently only available in iOS (download here), targeting an early Q3 release.  

About Auddia Inc.

Auddia, through its proprietary AI platform for audio identification and classification and related technologies, is reinventing how consumers engage with AM/FM radio, podcasts, and other audio content. Auddia’s flagship audio superapp, called faidr, brings two industry firsts to the audio-streaming landscape: subscription-based, ad-free listening on any AM/FM radio station and podcasts with interactive digital feeds that support deeper stories and open untapped revenue streams to podcasters. faidr also delivers exclusive content and playlists, and showcases exciting new artists, hand-picked by curators and DJs. Both differentiated offerings address large and rapidly growing audiences with strong purchase intent. For more information, visit: www.auddia.com

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 about the Company's current expectations about future results, performance, prospects and opportunities. Statements that are not historical facts, such as "anticipates," "believes" and "expects" or similar expressions, are forward-looking statements. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the Company's current plans and expectations, as well as future results of operations and financial condition. These and other risks and uncertainties are discussed more fully in our filings with the Securities and Exchange Commission. Readers are encouraged to review the section titled "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2022, as well as other disclosures contained in the Annual Report and subsequent filings made with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date and the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Relations:

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PCG Advisory, Inc.

ksmith@pcgadvisory.com

www.pcgadvisory.com

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