New patent strengthens LT350's canopy based AI deployment architecture that turns the airspace of parking lots into distributed AI inference datacenters at the edge

Portfolio now spans 14 issued and 2 pending patents across the canopy and modular cartridges that support power, cooling, and modular AI compute

LT350 technology solves the biggest constraints in AI infrastructure — land, power, cooling, and community compatibility

BOULDER, Colo., April 23, 2026 (GLOBE NEWSWIRE) -- Auddia Inc. (NASDAQ:AUUD) ("Auddia" or the "Company") announced today that the U.S. Patent and Trademark Office has notified the company that LT350's 14th patent will be allowed, further expanding the intellectual property portfolio supporting LT350's distributed AI infrastructure platform.

This newly allowed patent strengthens LT350's proprietary canopy-based deployment architecture, which enables high-density AI compute to be installed in the unused airspace above existing parking lots. LT350's IP portfolio now includes 16 issued and pending patents covering canopy structures, modular compute cartridges, battery systems, closed loop cooling, power aware operation, distributed mesh connectivity, and mobility/logistics integration.

LT350 is one of three new businesses that would be combined with Auddia in the new McCarthy Finney holding company if Auddia's recently announced business combination with Thramann Holdings, LLC ("Thramann Holdings") is completed.

"Our IP portfolio is the foundation of LT350's competitive advantage," said Jeff Thramann, CEO of Auddia and Founder of LT350. "It protects a deployment model that solves the biggest constraints in AI infrastructure — land, power, cooling, and community compatibility — while also enabling mobility, logistics, and robotics workloads that hyperscale datacenters cannot optimally support."

A Comprehensive IP Portfolio Designed for the Future of AI Infrastructure

LT350's patents span the full stack of its distributed AI infrastructure model, including:

Canopy Architecture

Deploys datacenter grade compute in parking lot airspace
Eliminates land acquisition, zoning battles, and community resistance

Modular GPU + Battery Cartridges

Rapid installation and replacement of GPUs
2:1 GPU-to-battery ratio enabling lower electricity costs

Closed Loop Liquid Cooling (Zero Water Consumption)

No evaporative cooling or its associated noise
No water rights or municipal hookups
No wastewater or environmental discharge

Power Aware, Grid Supportive Operation

Circuit level deployment on the grid
Off peak battery charging
Automatic grid relief during periods of constraint
Solar energy generation

Distributed Mesh + Hyperscaler Interoperability

Edge inference distributed across ubiquitous parking lots
Low latency and highly secure inference due to proximity to model use
High resilience across multiple interconnected nodes
Cloud overflow routing as needed

Mobility, Logistics, and Robotics Integration

Autonomous vehicle fleet inference naturally located in parking lots
Robotics coordination through edge locations
Warehouse and logistics capabilities at the edge
Real-time sensor fusion
Autonomous EV and drone charging

This portfolio provides LT350 with a defensible, multi-layered moat at a time when demand for AI compute is accelerating and traditional datacenter models face increasing constraints.

IP Protected Architecture Supports Large Scale Deployments

Auddia previously announced that LT350's REIT partner controls 4,000,000 square feet of suitable parking lot airspace. LT350's patented canopy design can support 480 GPUs per 2,000 sf of canopy space, enabling up to:

2,000 canopies
960,000 GPUs across the full footprint of 4M sf

This footprint represents one customer and one property type. LT350's IP-protected architecture is applicable across:

Healthcare systems
Universities and research campuses
Retail and commercial real estate
Industrial and logistics hubs
Municipal and public-sector properties
Mobility hubs and autonomous fleet depots
Convenience stores and Quick Service Restaurants (QSRs)
Stadiums
Smart cities

"The REIT footprint is just one example of where LT350 can scale," Thramann added. "Our patents allow us to operate across industries and property types in ways traditional datacenter models cannot. This is the foundation of LT350's long‑term strategic advantage."

For information about LT350, please visit www.LT350.com.

LT350's whitepaper, Distributed, Power-Sovereign AI Infrastructure for the Inference Economy, is available here.

About LT350, LLC

LT350 is a distributed AI data center company with 13 issued and 3 pending patents covering a proprietary solar parking lot canopy infrastructure platform that integrates modular battery storage and GPU cartridges into the ceiling of the canopy to turn any parking lot into an AI data center. LT350 aims to build the most secure, lowest latency, cost effective, and rapidly deployed network of distributed AI data centers at the edge by leveraging the use of underutilized parking lot space while strengthening the existing power infrastructure of local utilities.

About Auddia Inc.

Auddia, through its proprietary AI platform for audio, is reinventing not only how consumers engage with AM/FM radio, podcasts, and other audio content but also how artists and labels promote their music and gain access to mainstream radio audiences. Auddia's Discovr Radio is the first music-promotion platform to deliver artists guaranteed exposure to radio listeners. Auddia's flagship audio superapp, called faidr, delivers multiple industry firsts, including:

Ad-free listening on any AM/FM music station
Content skipping across any AM/FM music station
One-touch skipping of entire podcast ad breaks
Integrated artist discovery experiences

For more information, visit www.auddia.com

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Certain statements in this communication, other than purely historical information, may constitute "forward-looking statements" within the meaning of the federal securities laws, including for purposes of the "safe harbor" provisions under the Private Securities Litigation Reform Act of 1995, concerning Auddia, Thramann Holdings, and the proposed merger between Auddia and Thramann Holdings (the "Proposed Transaction") and other matters. These forward-looking statements include, but are not limited to, express or implied statements relating to Auddia's and Thramann Holdings' management expectations, hopes, beliefs, intentions or strategies regarding the future including, without limitation, statements regarding: the structure, timing and completion of the proposed merger by and between Auddia and Thramann Holdings, and the expected effects, perceived benefits or opportunities of the Proposed Transaction; the combined company's listing on Nasdaq after the closing of the Proposed Transaction; expectations regarding the structure, timing and completion of the financing needed to close the Proposed Transaction, including investment amounts from investors, timing of closing of the Proposed Transaction, expected proceed, expectations regarding the use of proceeds, and impact on ownership structure; the anticipated timing of the closing; the expected executive officers and directors of the combined company; each company's and the combined company's expected cash position at the closing and cash runway of the combined company following the proposed merger and any additional financing; the future operations of the combined company, including research and development activities; the nature, strategy and focus of the combined company; the development and commercial potential and potential benefits of any products and services of the combined company; the cash balance of the combined entity at closing; expectations related to the anticipated timing of the closing of the Proposed Transaction (the "Closing"); the expectations regarding the ownership structure of the combined company; the expected trading of the combined company's stock on Nasdaq under the ticker symbol "MCFN" after the Closing; and other statements that are not historical fact.

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Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties. These and other risks and uncertainties are more fully described in periodic filings with the SEC, including the factors described in the section titled "Risk Factors" in Auddia's Annual Report on Form 10-K for the year ended December 31, 2025, which was originally filed with the SEC on March 6, 2026, subsequent Quarterly Reports on Form 10-Q filed with the SEC, and in other filings that Auddia makes and will make with the SEC in connection with the Proposed Transaction, including the Form S-4 and Proxy Statement described below, as well as discussions of potential risks, uncertainties, and other important factors included in other filings by Auddia from time to time. Should one or more of these risks or uncertainties materialize, or should any of Auddia's or Thramann Holdings' assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. Nothing in this communication should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements in this communication, which speak only as of the date they are made and are qualified in their entirety by reference to the cautionary statements herein. Neither Auddia nor Thramann Holdings undertakes or accepts any duty to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based, except as required by law. This communication does not purport to summarize all of the conditions, risks and other attributes of an investment in Auddia or Thramann Holdings.

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Investor Relations:

Kirin Smith, President

PCG Advisory, Inc.

ksmith@pcgadvisory.com

www.pcgadvisory.com

Auddia Expands AI Infrastructure Moat with 14th Patent Supporting Distributed Edge Data Center Deployments