Fort Lauderdale, FL, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm Holdings" or the "Company") (NASDAQ:RIME), an AI technology holding company, today announced that Gary Atkinson, Chief Executive Officer, will participate in the H.C. Wainwright 27th Annual Global Investment Conference, taking place September 8–10, 2025, in New York City. Mr. Atkinson's presentation will be made available to conference attendees via webcast and will provide an overview of the Company's business. The on-demand presentation will be available Friday, September 5th at 7:00 AM ET. The presentation will be available for registered attendees via the conference platform. For more inform

$560 Million New Client is One of the Largest Electronics Manufacturers in India Fort Lauderdale, FL, Aug. 28, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: RIME), an AI technology holding company, announced today that it has signed a new master service agreement (MSA) with a Bajaj Electricals, one of the largest electronics manufacturers in India, with over $560 million in annual sales. Based in Mumbai, Bajaj Electricals is a publicly held subsidiary of the Bajaj Group, a $100 billion multinational conglomerate with operations in 40 countries, and is a global leader in automotive, consumer electronics, iron and steel fabrication, insurance, travel and finance

Fort Lauderdale, FL, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: RIME) – an AI technology holding company, announced today its results of operations for the second quarter ended June 30, 2025. Second Quarter Financial Highlights: Revenues increased to $2.7 million in the second quarter of 2025 compared to $2.4 million in the same period last year.Gross profit margin increased to 35.1% in the second quarter of 2025 from 13.3% in the same period of the prior year. Gross profit was approximately $1.0 million for the second quarter 2025. Total operating expenses decreased by $4.8 million to $1.7 million in the second quarter of 2025, compared to $6.5 m

Fort Lauderdale, FL, Aug. 19, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm Holdings" or the "Company") (NASDAQ:RIME), an AI technology holding company, today announced that it will release its second quarter 2025 earnings today, Tuesday August 19, 2025 after market close. Management will host a conference call tomorrow, Wednesday, August 20, 2025, at 10:00 a.m. Eastern Time to discuss the financial results and provide a business update. Conference Call Details: Date: Wednesday, August 20, 2025Time: 10:00 a.m. EDT Dial-in number: 888-999-3182Conference ID: RIME An audio rebroadcast of the call will be available later in the day at: https://ir.algoholdings.com About A

New Strategic Partnership Unlocks Expanded Carrier Network Through RoaDo Integration Fort Lauderdale, FL, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (NASDAQ: RIME), a leading AI logistics provider, today announced that its subsidiary SemiCab Holdings, LLC ("SemiCab") has entered into a strategic partnership with Hicetane Logistics Innovations Pvt. Ltd., an India-based shipping technology company operating under the brand RoaDo. RoaDo provides an innovative e-commerce-style operating system for multiple phases of the transportation supply chain, connecting shippers to over 360 Indian trucking companies with a combined fleet of more than 10,000 trucks available via RoaDo's

Accelerated SemiCab Momentum Fuels Capital Shift Toward Growth Fort Lauderdale, FL, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: RIME), a leading AI technology and consumer electronics holding company, announced today that it has sold its Singing Machine karaoke consumer electronics business to Stingray ("Stingray"), an industry leader in music and video content distribution, business services, and advertising solutions. Under the terms of the deal, Stingray's subsidiary, Stingray Music USA, Inc., acquired all of the assets of the Singing Machine's karaoke business. The consideration for the purchased assets (which includes marketable inventory) was

New Expansion Makes SemiCab a Top Five Provider of Transportation Services to Kellanova India Fort Lauderdale, FL, July 29, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: RIME) – an AI technology and consumer electronics holding company, today announced that its subsidiary, SMCB Solutions Private Limited ("SemiCab India"), has been awarded a large expansion to its Master Services Agreement with Kellanova India, one of the largest fast-moving consumer packaged goods producers in India. Under the terms of the services agreement, SemiCab India will provide managed transportation services to Kellanova India along the densely populated South-West-Central corridors

Company Announces Geographic Expansion of Lanes and Pilot of Drop & Hook Program in Indian FMCG Sector for the First Time Fort Lauderdale, FL, June 04, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: RIME) – an AI technology and consumer electronics holding company, today announced that its subsidiary, SMCB Solutions Private Limited ("SemiCab India"), has been awarded a large expansion to its Master Services Agreement with the Indian subsidiary of the world's third largest consumer packaged goods ("CPG") manufacturer with over $84 billion in annual revenues. Under the first phase of the expanded services agreement, SemiCab India will provide managed transportat

Fort Lauderdale, FL, June 03, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: RIME), an AI-driven technology and consumer electronics holding company, today announced that its subsidiary, SMCB Solutions Private Limited ("SemiCab India"), has recently signed four new pilot agreements and four contract expansions with eight enterprise-scale customers in India. Under the new and expanded contracts, SemiCab India will provide enterprise-level shipping services through its AI-powered, cloud-based Collaborative Transportation Platform. The four new customer acquisitions and four contract expansions greatly add to SemiCab's AI-powered digital freight orchestration plat

Mr. Kapoor Brings more than 30 Years of Supply-Chain,Logistics Technology and Go-To-Market Leadership to the Board Fort Lauderdale, FL, May 20, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: RIME) – an AI technology and consumer electronics holding company, today announced the appointment of Ajesh Kapoor to its board of directors effective May 19, 2025. Mr. Kapoor brings more than 30 years of logistics and supply chain technology innovation and leadership to the Company's Board. During his career, Ajesh has designed and implemented industry-leading supply chain and logistics solutions for several leading international companies. Mr. Kapoor is the Founder and

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Fort Lauderdale, FL, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: RIME) – an AI technology holding company, announced today its results of operations for the second quarter ended June 30, 2025. Second Quarter Financial Highlights: Revenues increased to $2.7 million in the second quarter of 2025 compared to $2.4 million in the same period last year.Gross profit margin increased to 35.1% in the second quarter of 2025 from 13.3% in the same period of the prior year. Gross profit was approximately $1.0 million for the second quarter 2025. Total operating expenses decreased by $4.8 million to $1.7 million in the second quarter of 2025, compared to $6.5 m

Fort Lauderdale, FL, Aug. 19, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm Holdings" or the "Company") (NASDAQ:RIME), an AI technology holding company, today announced that it will release its second quarter 2025 earnings today, Tuesday August 19, 2025 after market close. Management will host a conference call tomorrow, Wednesday, August 20, 2025, at 10:00 a.m. Eastern Time to discuss the financial results and provide a business update. Conference Call Details: Date: Wednesday, August 20, 2025Time: 10:00 a.m. EDT Dial-in number: 888-999-3182Conference ID: RIME An audio rebroadcast of the call will be available later in the day at: https://ir.algoholdings.com About A

Fort Lauderdale, FL, May 14, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm Holdings" or the "Company") (NASDAQ: RIME) -- AI technology and consumer electronics holding company -- today announced that its earnings for its first quarter 2025 will be released on Thursday, May 15, 2025. Management will host a conference call on Friday, May 16, 2025, at 10:00 a.m. Eastern Time to discuss the financial results and provide a business update. Conference Call Details: Date: Friday, May 16, 2025Time: 10:00 a.m. EDT Dial-in number: 888-999-3182Conference ID: RIME An audio rebroadcast of the call will be available later in the day at: https://ir.algoholdings.com About Algorhythm

Acquisition Adds Multiple Multinational Customers in India and Unlocks Scalable Growth Opportunities in Rapidly Growing Indian Market  Fort Lauderdale, FL, May 05, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: RIME), a diversified technology-driven holding company, today announced the acquisition of SMCB Solutions Private Ltd., an India private limited company ("SemiCab India"). This marks Algorhythm's second transaction with SemiCab, Inc. following the acquisition of its U.S. business in July 2024. Under the terms of the deal, Algorhythm's subsidiary, SemiCab Holdings, LLC, acquired 9,999 of the 10,000 issued and outstanding equity shares of SemiCab India. I

 SemiCab India Acquires New Client for Pilot Program Fort Lauderdale, FL, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (NASDAQ:RIME) ("Algorhythm" or the "Company"), an AI technology and consumer electronics holding company, today announced that its subsidiary, SemiCab Holdings, LLC ("SemiCab"), has been awarded a commercially scalable pilot program with the world's sixth-largest global consumer packaged goods (CPG) producer. The new freight business, launched as a proof-of-concept initiative in late October, will initially focus on the densely populated southwestern India commercial corridor. SemiCab will provide enterprise-level software services to SMCB Solutions Privat

Fort Lauderdale, FL, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: RIME) – an AI-driven technology and consumer electronics holding company, announced today its results of operations for the three- and nine- month periods ended September 30, 2024. CEO Commentary "We are pleased to share our third-quarter results," said Gary Atkinson, CEO of Algorhythm. "This was a highly active and transformational period for our business. We focused on integrating our recent acquisition of SemiCab, secured notable new pilot contracts for SemiCab's logistics technology platform, and finalized a landmark OEM partnership for our automotive karaoke technology with BYD,

Fort Lauderdale, FL, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm Holdings" or the "Company") (NASDAQ: RIME) -- an AI technology and consumer electronics holding company -- today announced that its earnings for its third quarter 2024 will be released on Tuesday, November 19, 2024. On Wednesday, November 20, 2024, Management will host a conference call at 10:00 am Eastern time to discuss the financial results and provide a business update. Conference Call Details: Date: Wednesday, November 20, 2024Time: 10:00 a.m. ET Dial-in number: (888)-800-3146Conference ID: RIME An audio rebroadcast of the call will be available later in the day at: http://www.singingmachi

Mr. Kapoor Brings more than 30 Years of Supply-Chain,Logistics Technology and Go-To-Market Leadership to the Board Fort Lauderdale, FL, May 20, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: RIME) – an AI technology and consumer electronics holding company, today announced the appointment of Ajesh Kapoor to its board of directors effective May 19, 2025. Mr. Kapoor brings more than 30 years of logistics and supply chain technology innovation and leadership to the Company's Board. During his career, Ajesh has designed and implemented industry-leading supply chain and logistics solutions for several leading international companies. Mr. Kapoor is the Founder and

Fort Lauderdale, FL, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: RIME), an AI-driven technology and consumer electronics holding company, today announced the appointment of Alex Andre as the Company's Chief Financial Officer and General Counsel. In this role, Mr. Andre will be a key thought partner to the executive leadership team and will be responsible for all corporate finance and legal functions, including audit, accounting, tax, treasury, cash management, financial planning and analysis, and reporting. Mr. Andre brings nearly 25 years of executive management, financial, legal and operational experience to Algorhythm Holdings. For the past 18 ye

Apollo Tyres, Ltd Awards SemiCab Scalable Pilot Contract for Transportation Services in India Fort Lauderdale, FL, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ:RIME), an AI-driven technology and consumer electronics holding company, announced today that SemiCab, Inc.'s subsidiary, SMCB Private Solutions Limited ("SemiCab India"), has entered into a master service agreement (MSA) with Apollo Tyres, Ltd. ("Apollo"), India's largest tire manufacturer. As a top 10 global tire producer, Apollo generated over $3 billion in sales in 2023, operating in more than 100 countries across Asia, Europe, and North America. Algorhythm's subsidiary SemiCab Holdings,