The Company’s new corporate name better describes its focus on using artificial intelligence (AI) to eliminate waste in advertising

AiAdvertising, Inc. (AIAD) (formerly CloudCommerce, Inc. / CLWD), a technology driven provider of digital advertising solutions, announced that the Company has changed its name to AiAdvertising, Inc. and will trade under the new stock symbol AIAD. The new corporate name better describes the Company’s focus on using artificial intelligence (AI) to eliminate waste in advertising.

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“With our increased focus on artificial intelligence, we believe that AiAdvertising is a more appropriate name for our public company,” said Andrew Van Noy, CEO of CloudCommerce. “Also, we were fortunate to be granted the stock symbol AIAD. Combining AI with AD makes it clear to Wall Street that we are all about artificial intelligence and advertising.”

Mr. Van Noy concluded, “Changing our corporate name also represents our continuing commitment to develop SWARM, our flagship solution, into a cloud hosted software platform that will harness the power of artificial intelligence, machine learning, and predictive algorithms to eliminate the inefficiencies, waste and guesswork that is inherent and accepted in today’s data driven digital marketing campaigns.”

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