Seasoned Logistics Executive Joins to Accelerate Adoption of AI-Powered Freight Optimization in the U.S.  Fort Lauderdale, FL, March  16, 2026  (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (&#34;Algorhythm&#34;) (NASDAQ: RIME)

RIME

SemiCab Appoints Jonathan Miller to Lead U.S. Go-to-Market Strategy for Apex SaaS Platform

New VP Hired to Drive U.S. Expansion of SemiCab Apex

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Seasoned Logistics Executive Joins to Accelerate Adoption of AI-Powered Freight Optimization in the U.S.  Fort Lauderdale, FL, March  16, 2026  (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (&amp;#34;Algorhythm&amp;#34;) (NASDAQ: RIME)</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Jonathan Miller&#039;s appointment as VP of U.S. Sales for SemiCab Apex highlights the company&#039;s commitment to accelerating its growth in the U.S. market. This strategic move could enhance enterprise adoption and drive revenue, especially as the platform already has a foothold with Fortune 500 customers in India.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Jonathan Miller appointed VP of U.S. Sales for SemiCab Apex.</li><li>Miller brings 30 years of logistics technology experience.</li><li>SemiCab Apex enhances freight optimization using AI technology.</li><li>New partnerships and enterprise adoption are targeted in U.S. market.</li><li>The product has already seen success with Fortune 500 clients.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>DAT Freight &amp; Analytics (N/A)</strong>: Miller&#039;s past role aligns with SemiCab&#039;s strategic direction.</li><li><strong>FourKites (N/A)</strong>: Miller&#039;s connections may enhance new partnership opportunities.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>The announcement fits under &#039;Corporate Developments&#039; as it pertains to a leadership change that aims to drive growth in a core business unit, potentially leading to significant future revenue increases.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Miller&#039;s industry experience could drive increased sales growth.</li><li>SemiCab&#039;s established relationship with Fortune 500 clients may lead to faster adoption.</li><li>Potential for innovative partnerships across logistics could enhance market share.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Jonathan Miller has nearly 30 years in logistics and freight technology.</li><li>SemiCab&#039;s platform is designed to reduce operational waste and improve efficiency.</li><li>Miller will build a high-performance sales organization in the U.S. market.</li><li>SemiCab has already been successfully deployed with Fortune 500 clients in India.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>RIME is likely to see upward momentum in the near term due to new leadership focused on U.S. expansion.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="center"><i>Seasoned Logistics Executive Joins to Accelerate Adoption of AI-Powered Freight Optimization in the U.S.</i></p>  <p align="justify"><strong>Fort Lauderdale, FL, March  16, 2026  (GLOBE NEWSWIRE) -- </strong>Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: <b>RIME</b>) – a leading AI technology company, today announced the appointment of Jonathan Miller as Vice President of U.S. Sales for its flagship SaaS platform, SemiCab Apex. Miller brings almost 30 years of logistics and freight technology leadership experience including senior roles at DAT Freight &amp; Analytics, FourKites, GT Nexus, E2open, One Network, and i2 Technologies.</p>  <p align="justify">In this new role, Miller will be responsible for driving enterprise adoption of Apex in the U.S. market, building a high-performance sales organization, and forging partnerships across the shipper, carrier, and 3PL ecosystem.</p>  <p align="justify">"We're thrilled to welcome Jonathan to the team at a pivotal moment in our growth," said Ajesh Kapoor, CEO of SemiCab Holdings. "He's a proven leader in freight technology sales with a deep understanding of the customer challenges we're solving with Apex—namely, how to reduce waste, improve margins, and scale efficiently through automation and AI."</p>  <p align="justify">SemiCab Apex brings the power of SemiCab's Collaborative Transportation Platform—already deployed with Fortune 500 customers in India—to the U.S. as a SaaS product. The platform enables logistics service providers (LSPs), shippers, and carriers to reduce empty miles, optimize network performance, and achieve operational leverage without adding headcount.</p>  <p align="justify">Miller's appointment follows a string of major product milestones and new contract wins for SemiCab as it expands from a managed services business in India into a global providers of logistics solutions with its AI-driven freight optimization platform.</p>  <p align="justify">"I've spent my career helping shippers and carriers navigate an increasingly complex logistics landscape," said Jonathan Miller. "What drew me to SemiCab was the opportunity to work on a transformative platform that doesn't just digitize freight—it reimagines how multi-enterprise networks operate. I'm excited to bring Apex to market and help customers reduce waste and unlock smarter, more sustainable growth."</p>  <p align="justify"><b>About Algorhythm Holdings</b></p>  <p align="justify">Algorhythm Holdings, Inc. is a leading AI technology company focused on the growth and development of SemiCab, an emerging leader in the global logistics and distribution industry. Since 2020, SemiCab has enabled major retailers, brands and transportation providers to address common supply-chain problems globally. Its AI-enabled, cloud-based Collaborative Transportation Platform achieves the scalability required to predict and optimize millions of loads and hundreds of thousands of trucks. SemiCab uses real-time data from API-based load tendering and pre-built integrations with TMS and ELD partners to orchestrate collaboration across manufacturers, retailers, distributors, and their carriers. SemiCab uses AI/ML predictions and advanced predictive optimization models to enable fully loaded round trips. With SemiCab's AI platform, shippers pay less and carriers make more without having to change a thing. For additional information, please go to: <a href="https://www.globenewswire.com/Tracker?data=QA_oYwrAUk5bEpmkr7hdEMxzR4piORK6Za4ckmR1-46NHNqBT5IuwI-qSQOkPUXtlTio2uwWdYDxsvBBYNCtJzBbl_F3rowsi7sbBgaJyBA=" rel="nofollow" target="_blank">http://www.semicab.com</a></p>  <p align="justify"><b>Investor Relations Contact</b></p>  <p align="justify">Brendan Hopkins<br></br>407-645-5295<br></br><a href="https://www.globenewswire.com/Tracker?data=oEzJEn1bsXKgLH85a-6kniwZIZV-YTrYO1E4myTPjaMXX62aKNDcZQg-b2rm_9q7PSqVlv99_JcfiWS6NlyCor1egnGd9PCAscFzf1gb-139aJ8Nj5O89OTRFUXpor9HkBUJP5WLMDizaemGQMOiisisIn5794oFGLProXz9GPne3umN5uVc-VCuUcdyApx2a8B6sayXdCUJ8CUzFhKuHTgWb1lDWIx5uOvSw2kZVr_aHQcRsh3s0JMZ6bL44RS1cRLGPiVTR2m8nZkG-KNubS_swlO1d-yjQFI7idI5rcLjg7lg-sBBAC1eGCzD7hi0" rel="nofollow" target="_blank">investors@algoholdings.com</a><br></br><a href="https://www.globenewswire.com/Tracker?data=loZAX-gRPju4Xai7vTPHVXvHBzL6NT76VM_ENf-SBncr-y4XUlwNgko8RV8Yc43VmmAs9Iyf3nd9Ou_zkxgvg4NuSQo-Tjw70rLsnReE8m40dF_QQqtcE9OXfy_iF2GBxQn1wafsgj2oxW75_tnG_tXvVAFXuiqjSUj-4a2b1kXt4rwGs1DesoCxZ_o5BC8_IJme2-eDrJUMGqtZANRz_QKG_F9oRpRYbj3BZczeJbPKhtBI9qeW9b_xCgMvDZDw3sJIhQFqXCnJ7Cl6xLf0SQ==" rel="nofollow" target="_blank">www.algoholdings.com</a></p>  <p align="justify"><b>Media Contact</b></p>  <p align="justify">FischTank PR<br></br><a href="https://www.globenewswire.com/Tracker?data=axB3qZ5NxOwh2nHreQlXHZSgYif-k5cL4-cVQYFGeutX94jVht6-h9_NQWd-EO5RTN9D8SqV2i4aaLYO4LW_mr5wEcEC8TReDBlJR_-wg6c3b5Moe4cx0MUlVAaf2f4_" rel="nofollow" target="_blank">Algorhythm@fischtankpr.com</a></p>  <p align="justify"><b>Forward Looking Statements</b></p>  <p align="justify"><i>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, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any statement that is not historical in nature is a forward-looking statement and may be identified by the use of words and phrases such as &#34;expects,&#34; &#34;anticipates,&#34; &#34;believes,&#34; &#34;will,&#34; &#34;will likely result,&#34; &#34;will continue,&#34; &#34;plans to,&#34; &#34;potential,&#34; &#34;promising,&#34; and similar expressions. These statements are based on management&#39;s current expectations and beliefs and are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements, including the risk factors described from time to time in Algorhythm's reports to the SEC, including, without limitation Algorhythm's Annual Report on Form 10-K for the year ended December 31, 2024.</i> <i>You should not place undue reliance on any forward-looking statement, each of which applies only as of the date of this press release. Except as required by law, we undertake no obligation to update or revise publicly any of the forward-looking statements after the date of this press release to conform our statements to actual results or changed expectations, or as a result of new information, future events or otherwise.</i></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTY3MjQyOSM3NDg2NDk5IzUwMDA2NDg0Mg=="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/ZTU5ODFiZWUtMjFiNi00Yjc3LWFjMGYtM2MwMjljNmJiYmZhLTUwMDA2NDg0Mi0yMDI2LTAzLTE2LWVu/tiny/Algorhythm-Holdings-Inc-.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/3dafc644-f954-46bc-baa3-a14bf81ed55b"><img src="https://ml.globenewswire.com/media/3dafc644-f954-46bc-baa3-a14bf81ed55b/small/logo-png.png" border="0" width="150" height="39" alt="Primary Logo"></img></a></p>

Jonathan Miller's appointment as VP of U.S. Sales for SemiCab Apex highlights the company's commitment to accelerating its growth in the U.S. market. This strategic move could enhance enterprise adoption and drive revenue, especially as the platform already has a foothold with Fortune 500 customers in India.

SemiCab Appoints Jonathan Miller to Lead U.S. Go-to-Market Strategy for Apex SaaS Platform

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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