Dot Ai appoints Miles Bradley as director of channels

LAS VEGAS - Dot Ai (NASDAQ:DAIC), an IoT and AI-based SaaS company focused on asset intelligence technology, announced Wednesday the appointment of Miles Bradley as Director of Channels. The announcement comes as the company faces financial challenges, with InvestingPro data showing DAIC shares have plummeted nearly 80% over the past six months and are currently trading at $2.40.

Bradley, who brings over 30 years of experience in channel development, will be responsible for expanding the company's partner ecosystem across industries and regions. His role will include overseeing partner recruiting, onboarding, training, and co-marketing initiatives, initially focusing on resellers and integrators in logistics, healthcare, and industrial operations.

Prior to joining Dot Ai, Bradley held senior channel leadership positions at West Corporation, Macmillan New Ventures, and Mimio. Most recently, he co-founded DigiPhi Solutions, where he advised SaaS startups on go-to-market and partner-success strategies.

"Miles knows how to take a great product and scale it through strong partnerships," said Ed Nabrotzky, CEO of Dot Ai, in a press release statement.

Bradley's appointment aligns with Dot Ai's strategy to grow through channel collaboration. The company offers an AI-powered asset intelligence platform that provides continuous asset visibility and insights without relying on barcode technology. This strategic move comes as the company prepares to announce quarterly earnings tomorrow, November 13, with investors likely watching closely given the company's current negative gross profit margin of nearly 50%.

Dot Ai's technology integrates IoT tracking and AI analytics to enhance asset management and supply chain operations. The company utilizes AI engines, 5G RF and BLE technology, and API integrations to deliver real-time asset visibility that can be integrated with existing infrastructure. Despite its innovative technology, InvestingPro analysis indicates the company is currently overvalued and faces liquidity challenges with short-term obligations exceeding liquid assets. Investors can access 7 additional ProTips and comprehensive financial metrics for DAIC with an InvestingPro subscription.

In other recent news, Dot Ai has introduced Dot Matrix 3.0, a new version of its Asset Intelligence platform, designed with modular, multi-tenant architecture for asset management across various industries. This development is aimed at providing enhanced in-process visibility and secure asset management for sectors such as healthcare, construction, and defense. Additionally, Dot Ai has secured $1.27 million in new orders for its hardware platform, prompting the company to expand production by adding a second shift at its Barceloneta, Puerto Rico facility and installing additional equipment. This facility serves as the central hub for manufacturing the company's patent-pending Zero Infrastructure Mesh Bridge and smart asset tags. In a move to maintain its board structure, Dot Ai appointed Janice Bryant Howroyd and Walter Skowronski to its Board of Directors following recent resignations. Skowronski, with over 40 years of experience, will chair the audit committee and has been designated as an audit committee financial expert under SEC rules. These developments highlight Dot Ai's ongoing efforts to enhance its operational capabilities and governance.

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