CORRECTING and REPLACING Dot Ai Appoints Delores Rochester as Chief Revenue Officer to Drive Growth

LAS VEGAS--(BUSINESS WIRE)--Dec 29, 2025--

Please replace the release issued December 19, 2025 with the following corrected version due to multiple revisions.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251219978881/en/

The updated release reads:

DOT AI APPOINTS DELORES ROCHESTER AS CHIEF REVENUE OFFICER TO DRIVE GROWTH

Oracle Veteran Sales Leader Brings More Than 25 Years of Experience Scaling Global Revenue Organizations

Dot Ai (Nasdaq: DAIC) (“Dot Ai” or the “Company”), an IoT and AI-based SaaS company at the forefront of Asset Intelligence technology, today announced the appointment of Delores “Del” Rochester as Chief Revenue Officer, effective January 5, 2026.

The appointment reflects Dot Ai’s focus on accelerating enterprise adoption, expanding customer relationships, and strengthening commercial execution as demand for real-time asset intelligence continues to grow.

As Chief Revenue Officer, Mrs. Rochester will lead Dot Ai’s global revenue organization, with responsibility for customer expansion, go-to-market execution, and driving sustainable growth across enterprise accounts.

Mrs. Rochester brings more than 25 years of experience leading high-performing sales organizations at global technology companies including Oracle and IBM. Over the course of her career, she has sold more than $4 billion in technology solutions to enterprise customers across manufacturing, healthcare, financial services, and other complex industries. She is recognized for building and scaling teams, strengthening strategic customer relationships, and delivering consistent execution at scale.

“Dot Ai’s technology addresses a real and growing need for enterprises operating complex physical environments,” said Delores Rochester, Chief Revenue Officer of Dot Ai. “I’m excited to work closely with customers, the Dot Ai leadership and the team to build on the company’s momentum, deepen partnerships, and help drive the next phase of growth.”

Mrs. Rochester succeeds Bob Reny, who recently departed the company following his tenure as Chief Revenue Officer.

“Del brings a rare combination of enterprise sales leadership, technical fluency, and execution discipline,” said Ed Nabrotzky, Chief Executive Officer of Dot Ai. “Her experience scaling revenue organizations at global technology leaders will be instrumental as we continue to expand our enterprise footprint. I also want to thank Bob Reny for his contributions to Dot Ai and wish him continued success.”

Dot Ai continues to invest in leadership and operational rigor to support enterprise customers and deliver long-term value to shareholders.

About Dot Ai

At the heart of the technological revolution in asset management and security lies Dot Ai, a trailblazing SaaS service that is defining Asset Intelligence for smart supply chain operations. By harnessing the power of real-time IoT tracking technology and AI-enhanced analytics, Dot Ai stands at the forefront of innovation, offering patented solutions that are not just advanced but transformative. Through relentless research and development, Dot Ai has engineered a suite of technologies that empower organizations to not only streamline their logistics and supply chain processes but also bolster operational security to unprecedented levels. Leveraging state-of-the-art AI engines, cutting-edge 5G RF and BLE technology, and seamless API integrations, Dot Ai transcends traditional boundaries, offering real-time asset visibility and predictive analytics that integrate effortlessly with existing infrastructure. This is not just technology; it's a vision for a more secure, efficient, and connected world. Discover more about how Dot Ai is leading the charge in Asset Intelligence by visiting https://daic.ai.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts, including statements regarding anticipated production capacity increases, facility expansion plans, expected order fulfillment, and future business growth. All forward-looking statements are based on Dot Ai's current expectations and beliefs concerning future developments and their potential effects on the company. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Readers are cautioned not to put undue reliance on forward-looking statements, and Dot Ai assumes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

Delores Rochester

MINNEAPOLIS (AP) — Federal Homeland Security officials were conducting a fraud investigation on Monday in Minneapolis, Department of Homeland Security Secretary Kristi Noem said.

The action comes after years of investigation that began with the $300 million scheme at the nonprofit Feeding Our Future, for which 57 defendants in Minnesota have been convicted. Prosecutors said the organization was at the center of the country’s largest COVID-19-related fraud scam, when defendants exploited a state-run, federally funded program intended to provide food for children.

A federal prosecutor alleged earlier in December that half or more of the roughly $18 billion in federal funds that supported 14 programs in Minnesota since 2018 may have been stolen.

Minnesota Gov. Tim Walz said then that fraud will not be tolerated and that his administration “will continue to work with federal partners to ensure fraud is stopped and fraudsters are caught.”

Noem on Monday posted a video on the social platform X showing DHS officers going into an unidentified business and questioning the person working behind the counter. Noem said that officers were “conducting a massive investigation on childcare and other rampant fraud."

“The American people deserve answers on how their taxpayer money is being used and ARRESTS when abuse is found,” U.S. Immigration and Custom Enforcement posted.

The action comes a day after FBI Director Kash Patel said on X that the agency had “surged personnel and investigative resources to Minnesota to dismantle large-scale fraud schemes exploiting federal programs.”

Patel said that previous fraud arrests in Minnesota were “just the tip of a very large iceberg."

President Donald Trump has criticized Walz’s administration over the fraud cases to date.

In recent weeks, tensions have been high between state and federal enforcement in the area as the Trump administration’s immigration crackdown focused on the Somali community in the Minneapolis-St. Paul area, which is the largest in the country.

Among those running schemes to get funds for child nutrition, housing services and autism programs, 82 of the 92 defendants are Somali Americans, according to the U.S. Attorney’s Office for Minnesota.

Walz spokesperson Claire Lancaster said that the governor has worked for years to “crack down on fraud” and was seeking more authority from the Legislature to take aggressive action. Walz has supported criminal prosecutions and taken a number of other steps, including strengthening oversight and hiring an outside firm to audit payments to high-risk programs, Lancaster said.

FILE - Homeland Security Secretary Kristi Noem appears before the House Committee on Homeland Security on Capitol Hill in Washington, Thursday, Dec. 11, 2025. (AP Photo/Mark Schiefelbein, File)