Digerati Technologies Appoints New Chairman and CEO with a Renewed Focus on Recurring Revenue Growth and Accretive Acquisition Strategy

About this update from Digerati Technologies, Inc.

Digerati Technologies Appoints New Chairman and CEO with a Renewed Focus on Recurring Revenue Growth and Accretive Acquisition Strategy Digerati Technologies Appoints New Chairman and CEO with a Renewed Focus on Recurring Revenue Growth and Accretive Acquisition Strategy Brings Capital Markets and Business Operations Expertise Port Jefferson, NY, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Digerati Technologies, Inc., (“Digerati,” the “Company,” “we,” “our” or “us”) (OTCID: DTGI), through its WaivCloud, Inc. subsidiary, a co-location data center service provider, today announced the appointment of Mr. Robert DelVecchio as its Chairman and Chief Executive Officer, bringing more than 30 years of capital markets and business experience. Robert DelVecchio, Chairman and CEO of Digerati Technologies, commented, “I am very excited for this opportunity to lead Digerati into its next stage as we seek to expand our recurring revenue. WaivCloud’s co-location data center business is a solid platform to build upon with its east and west coast operations and long-standing clients. Our team has a robust pipeline of potential acquisitions that are currently under review, as we seek to add accretive and complementary businesses. I would like to thank Craig Clement and Max Polinsky for their time serving on the Board of Directors, as both have recently resigned. We look forward to increasing our communication and visibility as we advance our business.” Previously, Mr. DelVecchio was Chief Executive Officer and a director of Assured Pharmacy, Inc. since February 2005, and guided Assured Pharmacy to $20 million in annual revenue and ultimately a successful sale of the business to a private equity firm. In addition to leading the organization, Mr. DelVecchio’s responsibilities also included sales, investor relations, business development and capital raising. Prior to 2005, Mr. DelVecchio had various roles across several industries utilizing his relationships and expertise in business operations and capital raising. Mr. DelVecchio’s broad experience in capital markets, experience in leading businesses, led to the Company’s conclusion he should serve as Chairman and CEO of Digerati. About Digerati Technologies, Inc. (OTCID: DTGI) Digerati Technologies, Inc. is a holding company...

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