Coates Joins From ECAM, a GardaWorld Company, Where He Led U.S. Sales Across Critical Infrastructure, Commercial Real Estate and Retail  Appointment Strengthens Commercial Organization to Support Expansion Across

CSAI

Cloudastructure Appoints Nile Coates as Chief Revenue Officer to Accelerate Commercial Growth Across Enterprise Markets

Cloudastructure names Nile Coates CRO to rapidly expand enterprise markets

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  <section data-block="information">
    <h3>Information</h3>
    <p>Coates Joins From ECAM, a GardaWorld Company, Where He Led U.S. Sales Across Critical Infrastructure, Commercial Real Estate and Retail  Appointment Strengthens Commercial Organization to Support Expansion Across</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Cloudastructure appointed Nile Coates as Chief Revenue Officer to scale global sales and channel partnerships across enterprise markets such as commercial real estate and data centers. Coates previously led US Sales at ECAM (GardaWorld), overseeing $370 million in annual revenue and scaling teams. The move could accelerate land-and-expand growth and ARR if execution aligns with strategy.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Cloudastructure appoints Nile Coates as Chief Revenue Officer.</li><li>Coates led US sales at ECAM (GardaWorld) with $370M annual revenue.</li><li>He will expand Cloudastructure across enterprise markets including CRE, data centers, logistics.</li><li>Coates succeeds Lauren O’Brien after her departure.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Cloudastructure, Inc. (CSAI)</strong>: Appointment of Nile Coates as CRO to accelerate enterprise-market expansion.</li><li><strong>ECAM (GardaWorld unit) (N/A)</strong>: Coates previously led US Sales there; responsible for roughly $370M in annual revenue.</li><li><strong>Stealth Monitoring (N/A)</strong>: Early growth platform cited as part of Coates&#039; career before ECAM.</li><li><strong>GardaWorld (Private)</strong>: Parent company of ECAM; context for leadership background.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The leadership change signals a strategic push to scale go-to-market and accelerate enterprise-market penetration for Cloudastructure&#039;s cloud-native AI platform.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>CRO appointment could accelerate ARR growth through land-and-expand.</li><li>Experience scaling teams and $370M revenue signals stronger enterprise deals.</li><li>No immediate financial targets disclosed; investors will watch near-term guidance.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Date of release: August 17, 2026.</li><li>Company: Cloudastructure, Inc., CSAI (NASDAQ).</li><li>New appointment: Nile Coates as Chief Revenue Officer.</li><li>Prev experience: Led US Sales at ECAM; $370M annual revenue.</li><li>Market focus: CRE, data centers, logistics, retail, critical infrastructure; TCO up to 75% lower.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bullish: accelerated enterprise ARR and larger contract velocity within 6–12 months.</p>
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<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="center"><em>Coates Joins From ECAM, a GardaWorld Company, Where He Led U.S. Sales Across Critical Infrastructure, Commercial Real Estate and Retail</em></p>  <p align="center"><em>Appointment Strengthens Commercial Organization to Support Expansion Across Enterprise Markets</em></p>  <p align="justify">PALO ALTO, Calif., Aug.  17, 2026  (GLOBE NEWSWIRE) -- <strong>Cloudastructure, Inc. (&#34;Cloudastructure&#34; or the &#34;Company&#34;) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/CSAI">CSAI</a>), </strong>a leader in cloud-native AI surveillance and remote guarding, today announced the appointment of Nile Coates as Chief Revenue Officer. Coates will lead the Company&#39;s global sales organization, revenue operations and channel partner strategy, reporting directly to Chief Executive Officer and Chairman James McCormick.</p>  <p align="justify">In this role, Coates will lead the expansion of Cloudastructure&#39;s commercial organization as the Company continues to broaden its presence across enterprise markets, including commercial real estate, data centers, logistics, retail and critical infrastructure. His mandate includes scaling the sales organization, strengthening channel partnerships and accelerating Cloudastructure&#39;s land-and-expand strategy within existing customer portfolios. Coates succeeds Lauren O’Brien, who has departed the Company.</p>  <p align="justify">&#34;Over the past several years, we&#39;ve demonstrated that our platform resonates across a growing number of enterprise markets. The opportunity in front of us is no longer proving the technology. It is scaling the commercial organization capable of capturing it,&#34; said James McCormick, Chief Executive Officer and Chairman of Cloudastructure. &#34;Nile has spent his career building sales organizations that expand into new markets, develop enterprise relationships and convert demand into long-term growth. As we continue broadening our presence across commercial real estate, critical infrastructure, data centers and other enterprise verticals, we believe his experience will be instrumental in helping us scale the business.&#34;</p>  <p align="justify">&#34;I&#39;ve spent my career helping large organizations deliver physical security at scale, and that experience gave me a front-row seat to how customer expectations are changing,&#34; said Coates. &#34;Organizations increasingly want intelligent, cloud-native platforms that can adapt quickly, integrate easily and deliver better operational visibility than legacy systems. Cloudastructure has built exactly that type of platform, and I believe the Company is well positioned to expand across multiple enterprise markets. I&#39;m excited to build the commercial organization that helps accelerate that opportunity.&#34;</p>  <p align="justify">Coates joins Cloudastructure from ECAM, a GardaWorld company, where he led the U.S. Sales and Sales Support organizations. Coates brings extensive experience overseeing sales organizations with full P&amp;L responsibility for $370 million in annual revenue, scaling sales teams from five representatives to more than thirty, building the training programs that supported that growth, and negotiating numerous multi‑million‑dollar enterprise agreements. Earlier in his career, he helped scale Stealth Monitoring into one of the industry’s largest providers prior to its acquisition by ECAM.</p>  <p align="justify"><strong>About Cloudastructure</strong><br></br>Headquartered in Palo Alto, California, Cloudastructure&#39;s patented, advanced, award-winning security platform utilizes a scalable cloud-based architecture that features cloud video surveillance with proprietary, state-of-the-art AI/ML analytics, and a seamless remote guarding solution. The combination enables enterprise businesses to achieve proactive, end-to-end security, and pairs that platform with an attractive value proposition that eschews proprietary hardware and offers contract-free, month-to-month pricing and unlimited 24/7 support. With Cloudastructure, companies can achieve unparalleled situational awareness in real time and thereby stop crime as it is happening, while simultaneously achieving up to a 75% lower Total Cost of Ownership than other systems. For more information, visit https://www.cloudastructure.com/.</p>  <p><strong>Forward-Looking Statements</strong></p>  <p align="justify">Certain statements in this press release may be considered forward-looking, such as statements containing estimates, projections, and other forward-looking information. Forward-looking statements are typically identified by words and phrases such as &#34;anticipate,&#34; &#34;estimate,&#34; &#34;believe,&#34; &#34;continue,&#34; &#34;could,&#34; &#34;intend,&#34; &#34;may,&#34; &#34;plan,&#34; &#34;potential,&#34; &#34;predict,&#34; &#34;seek,&#34; &#34;should,&#34; &#34;will,&#34; &#34;would,&#34; &#34;expect,&#34; &#34;objective,&#34; &#34;projection,&#34; &#34;forecast,&#34; &#34;goal,&#34; &#34;guidance,&#34; &#34;outlook,&#34; &#34;effort,&#34; &#34;target&#34; or the negative of such words and other comparable terminology. However, the absence of these words does not mean that a statement is not forward-looking. Any forward-looking statement expressing an expectation or belief as to future events is expressed in good faith and believed to be reasonable at the time such forward-looking statement is made. However, these statements are not guarantees of future events and involve risks, uncertainties, and other factors beyond our control. Therefore, we caution you against relying on any of these forward-looking statements. Factors that could cause or contribute to such differences include the risks and uncertainties discussed in the reports that the Company has filed with the SEC, such as its Annual Report on Form 10-K. Actual outcomes and results may differ materially from what is expressed in any forward-looking statement. Except as required by applicable law, including U.S. federal securities laws, we do not intend to update any of the forward-looking statements to conform them to actual results or revised expectations.</p>  <p><strong>Media Contact</strong></p>  <p><strong>Kathleen Hannon, Sr. Communications Director</strong><br></br>Cloudastructure, Inc.<br></br>704.574.3732<br></br>Kathleen@cloudastructure.com</p>  <p><strong>Investor Contact</strong></p>  <p><strong>Valter Pinto, Managing Director</strong><br></br>KCSA Strategic Communications<br></br>212.896.1254<br></br>Cloudastructure@KCSA.com</p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTgxMDk1MSM3Nzc4OTQyIzIzMTE4MDM="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/MmMzM2MyMjYtOGMzNi00OGJmLThiZDctNTU5OWFkOWRmYjQ0LTEzMjMzNTMtMjAyNi0wOC0xNy1lbg==/tiny/CLOUDASTRUCTURE-INC-.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/5865b990-d281-4801-a455-bfdf68c4c0c1"><img src="https://ml.globenewswire.com/media/5865b990-d281-4801-a455-bfdf68c4c0c1/small/cloudastructure-logo-jpg.jpg" border="0" width="138" height="73" alt="Primary Logo"></img></a></p>

Cloudastructure appointed Nile Coates as Chief Revenue Officer to scale global sales and channel partnerships across enterprise markets such as commercial real estate and data centers. Coates previously led US Sales at ECAM (GardaWorld), overseeing $370 million in annual revenue and scaling teams. The move could accelerate land-and-expand growth and ARR if execution aligns with strategy.

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Cloudastructure Appoints Nile Coates as Chief Revenue Officer to Accelerate Commercial Growth Across Enterprise Markets

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