Cybeats Announces First Tranche Closing for Gross Proceeds of Over $1.1 Million
Toronto, Ontario--(Newsfile Corp. - March 8, 2024) - Cybeats Technologies Corp. (CSE: CYBT) (OTCQB: CYBCF) ("Cybeats'' or the "Company") is pleased to announce that further to its press release of February 19, 2024, the Company has closed the first tranche of its previously announced non-brokered private placement (the "Offering") through the issuance of 7,635,034 units ("Units") of the Company at a price of $0.15 per Unit for gross proceeds of $1,145,255.Each Unit consists of one common share in the capital...
2024-03-08 6:46 PM EST
Cybeats Announces Private Placement
Toronto, Ontario--(Newsfile Corp. - February 19, 2024) - Cybeats Technologies Corp. (CSE: CYBT) (OTCQB: CYBCF) ("Cybeats'' or the "Company") is pleased to announce it intends to complete a non-brokered private placement financing for gross proceeds of up to $1,500,000 through the issuance of up to 10,000,000 units in the capital of the Company (the "Units") at a price of $0.15 per Unit (the "Offering"). Each Unit shall be comprised of one common share in the capital of the Company (each, a...
2024-02-19 7:32 PM EST
Cybeats Signs Three Year, Seven Figure Contract with Global Top 5 Medical Device Manufacturer
Toronto, Ontario--(Newsfile Corp. - February 7, 2024) - Cybeats Technologies Corp. (CSE: CYBT) (OTCQB: CYBCF) ("Cybeats'' or the "Company"), a cybersecurity company offering industry-leading SBOM Management software, is pleased to report on the signing of a renewed and expanded license agreement for SBOM Studio[1] with a Top 5 global Medical Device Manufacturer ("MDM"). The contract term is now for three years and for over seven figures in total contract value.[2]"Cybeats' rapid growth trajectory continues as we proudly announce our selection as the...
2024-02-07 8:30 AM EST
Cybeats Announces Closing of Private Placement
Toronto, Ontario--(Newsfile Corp. - January 25, 2024) - Cybeats Technologies Corp. (CSE: CYBT) (OTCQB: CYBCF) ("Cybeats'' or the "Company") announces that, further to its press releases of December 20, 2023 and January 22, 2024, the Company closed its non-brokered private placement through the issuance of 2,025 debenture units (each, a "Debenture Unit") in the capital of the Company at a price of $1,000 per Debenture Unit for gross proceeds of $2,025,000 (the "Offering"), as further detailed below. The Company intends...
2024-01-25 6:07 PM EST
Cybeats Announces Increase to Private Placement
Toronto, Ontario--(Newsfile Corp. - January 22, 2024) - Cybeats Technologies Corp. (CSE: CYBT) (OTCQB: CYBCF) ("Cybeats'' or the "Company") announces that, further to its press release of December 20, 2023, the Company has increased its non-brokered private placement to up to 2,025 debenture units (each, a "Debenture Unit") in the capital of the Company at a price of $1,000 per Debenture Unit for gross proceeds of up to $2,025,000 (the "Offering"), as further detailed below. The Company intends to use...
2024-01-22 5:00 PM EST
Cybeats' CEO Provides Letter to Shareholders
Toronto, Ontario--(Newsfile Corp. - January 9, 2024) - Cybeats Technologies Corp. (CSE: CYBT) (OTCQB: CYBCF) ("Cybeats'' or the "Company"), a cybersecurity company offering industry-leading SBOM Management software for U.S. and global infrastructure companies, medical device manufacturers, and other government-regulated sectors, provides a year-end letter to shareholders.To our shareholders:Looking over the last twelve months, I'm proud of what Cybeats has accomplished. Our team has been laser focused on helping our customers answer the question: "what's in your software?" Consequently, Cybeats has emerged as...
2024-01-09 11:49 AM EST
Cybeats Announces Private Placement of Convertible Debenture Units
Toronto, Ontario--(Newsfile Corp. - December 20, 2023) - Cybeats Technologies Corp. (CSE: CYBT) (OTCQB: CYBCF) ("Cybeats'' or the "Company") announces a non-brokered private placement of up to 1,500 debenture units (each, a "Debenture Unit") in the capital of the Company at a price of $1,000 per Debenture Unit for gross proceeds of up to $1,500,000 (the "Offering"), as further detailed below. The Company intends to use the net proceeds from the Offering for working capital and general corporate purposes....
2023-12-20 7:00 PM EST
Cybeats Achieves Organizational Maturity Milestone with SOC 2 Type II Certification
Toronto, Ontario--(Newsfile Corp. - November 3, 2023) - Cybeats Technologies Corp. (CSE: CYBT) (OTCQB: CYBCF) ("Cybeats'' or the "Company") is pleased to announce that it has successfully completed 'System and Organization Controls' (SOC) 2 Type II certification, achieving a significant organizational maturity milestone. With SOC 2 Type II compliance, Cybeats is better equipped to meet specific needs of key industries and provide customers with confidence that their sensitive data is protected by a trusted partner.Tech companies often require SOC 2 certification as it...
2023-11-03 6:43 PM EDT
Cybeats Responds to OTC Markets Request on Recent Promotional Activity
Toronto, Ontario--(Newsfile Corp. - October 25, 2023) - Cybeats Technologies Corp. (CSE: CYBT) (OTCQB: CYBCF) ("Cybeats'' or the "Company") announces that it has been requested by OTC Markets Group Inc. ("OTC Markets") to issue this statement about promotional activity concerning its common shares traded on the OTCQB market (operated by OTC Markets).On Monday, October 23, 2023, OTC Markets informed the Company that it became aware of certain promotional activities concerning the Company and its common shares traded on the OTCQB Marketplace, including the...
2023-10-25 11:00 PM EDT
Cybeats Announces Pilot Engagement with a Global Leader in Industrial Infrastructure
Toronto, Ontario--(Newsfile Corp. - October 19, 2023) - Cybeats Technologies Corp. (CSE: CYBT) (OTCQB: CYBCF) ("Cybeats'' or the "Company") is pleased to announce a new pilot engagement for Cybeats' SBOM Studio1 platform with an international technology and infrastructure company that operates in more than 150 countries worldwide.This engagement further demonstrates the demand from global infrastructure leaders in utilizing SBOM Studio2. This client is an American-based corporation that has over 15,000 employees and offers infrastructure and water technology services to public utility, residential, commercial, agricultural...
2023-10-19 3:00 AM EDT
Cybeats Attends S4 in Miami; Showcasing SBOM Studio to Industrial Controls Sector
Toronto, Ontario--(Newsfile Corp. - February 14, 2023) - Cybeats Technologies Corp. (CSE: CYBT) ("Cybeats'' or the "Company") is pleased to announce its upcoming attendance at S4x23 ("S4") in Miami on February 13-16. The conference is for industry collaboration and showcases innovative ways to deploy secure and resilient industrial control systems ('ICS'). Attending S4 will generate significant brand awareness and exposure to some of the world's largest industrial control clients potentially looking for SBOM solutions like SBOM Studio1. This year's event...
2023-02-14 3:00 AM EST
Cybeats Provides Overview of its Customer Success Strategy, Featuring Julia Cherry, VP; Highlights Positive Impact on Commercial Growth
Toronto, Ontario--(Newsfile Corp. - February 11, 2023) - Cybeats Technologies Corp. (CSE: CYBT) ("Cybeats'' or the "Company") is pleased to introduce and provide an overview of its unique and customer success-driven growth initiatives, featuring Julia Cherry, its team lead and Vice President. In this role, Julia oversees customer success and strategy, which will continue to play a critical role in the commercial performance of Cybeats especially in areas such as client experience, retention and net new business."At Cybeats we focus on deeply understanding...
2023-02-11 3:00 AM EST
Cybeats Announces Analyst Watchlist Report Released by Haywood Securities Inc
Toronto, Ontario--(Newsfile Corp. - February 9, 2023) - Cybeats Technologies Corp. (CSE: CYBT) ("Cybeats'' or the "Company") is pleased to announce today that Gianluca Tucci, Research Analyst at Haywood Securities Inc. ("Haywood") has released a Watchlist research report on Cybeats. Mr. Tucci's watchlist report on Cybeats, 'A Cybersecurity Company with Policy Tailwinds Accelerating Early Adoption,' and any future reports may be obtained directly from Haywood.For more information, Gianluca Tucci can be contacted at gtucci@haywood.com.Please note that any opinions, estimates or forecasts regarding the...
2023-02-09 2:01 PM EST
Cybeats Appoints Gonda Lamberink, Global Cybersecurity Executive, to Vice President of Sales
Toronto, Ontario--(Newsfile Corp. - February 8, 2023) - Cybeats Technologies Corp. (CSE: CYBT) ("Cybeats'' or the "Company") is pleased to welcome Gonda Lamberink to its leadership team as Vice President of Sales. A seasoned global cybersecurity executive, Lamberink brings a wealth of experience in strategic growth, business development, sales, marketing, product management, and partnerships. With a proven track record of opening new markets and driving significant multi-million dollar growth, Lamberink brings vast supply chain security knowledge and trusted relationships with...
2023-02-08 3:00 AM EST
Cybeats Enhances SBOM Studio with New Product Features, Expanding Market Opportunity
Toronto, Ontario--(Newsfile Corp. - February 2, 2023) - Cybeats Technologies Corp. (CSE: CYBT) ("Cybeats'' or the "Company") is pleased to announce that current and prospective clients of SBOM Studio1 are now able to automatically generate VEX reports to determine which software vulnerabilities are high risk and exploitable, helping security teams prioritize software remediation and reduce significant time and cost.The Vulnerability Exploitability Exchange (VEX)2 offers crucial information about a products' vulnerabilities, and makes the use of Software Bill of Materials (SBOM)3...
2023-02-02 3:00 AM EST
Cybeats Announces 75% of SBOM Studio Pilot Evaluations Have Converted into Commercial Contracts
Toronto, Ontario--(Newsfile Corp. - January 27, 2023) - Cybeats Technologies Corp. (CSE: CYBT) ("Cybeats'' or the "Company") is pleased to report that after the signing of recent commercial contracts, 75% of all organizations that have completed SBOM Studio1 pilot evaluation periods have moved on to sign commercial licence agreements with the Company.SBOM Studio is defining and pioneering the future of automated SBOM management, helping organizations proactively improve visibility and security across the software supply chain and efficiently implement SBOMs at scale. Cybeats has announced...
2023-01-27 5:30 PM EST
Cybeats Partners with Device Authority, A Global Leader in Securing Machine Identities and Enabling Zero Trust for IoT Devices
Toronto, Ontario--(Newsfile Corp. - January 20, 2023) - Cybeats Technologies Corp. (CSE: CYBT) ("Cybeats'' or the "Company") is pleased to report a partnership with Device Authority, to provide end to end compliance and operational efficiencies to IoT devices. Through this partnership, Cybeats' aims to work with Device Authority's to broaden the reach of its SBOM Studio1 product to a wider range of businesses and partners. The partnership between Cybeats and Devices Authority enables the improvement of...
2023-01-20 3:00 AM EST
Cybeats Appoints Automotive Cybersecurity Sales Leader, Damon Mark, Expanding Commercial Operations in the U.S.
Toronto, Ontario--(Newsfile Corp. - January 18, 2023) - Cybeats Technologies Corp. (CSE: CYBT) ("Cybeats'' or the "Company") is pleased to announce the appointment of Detroit-based Damon Mark to the position of Director of Sales. The appointment of the 20 year sales veteran is effective immediately, and supports the acceleration of commercial operations in the U.S., and specifically the automotive security sector."Damon brings a wealth of sales experience and expertise in the automotive cybersecurity industry and we are thrilled to have him on board...
2023-01-18 3:00 AM EST
Cybeats' Partner, Project Arrow, Unveils Electric Vehicle at CES in Las Vegas
Toronto, Ontario--(Newsfile Corp. - January 11, 2023) - Cybeats Technologies Corp. (CSE: CYBT) ("Cybeats'' or the "Company") is pleased to report on the unveiling of APMA's Project Arrow1, the all-Canadian zero-emission electric concept vehicle, in Las Vegas at the Consumer Electronics Show (CES)2.Cybeats is honoured to be designated the 'Official SBOM Management Provider' of Project Arrow.3Project Arrow, a strategic partner of Cybeats, debuted their highly anticipated electric vehicle at CES, showcasing its advanced technology and innovative design. The event was...
2023-01-11 3:00 AM EST
Cybeats Provides Product Overview for SBOM Studio: Pioneering the Way Forward in SBOM Management
Toronto, Ontario--(Newsfile Corp. - January 5, 2023) - Cybeats Technologies Corp. (CSE: CYBT) ("Cybeats'' or the "Company") is pleased to provide an overview of its SBOM Studio product, a solution to the pressing issue of cybersecurity vulnerabilities across the global software supply chain. With the increasing frequency of high-profile cyber attacks and new regulations around the world, it is more important than ever for organizations to prioritize the protection of themselves and their customers. SBOM Studio provides a comprehensive solution...
2023-01-05 5:14 PM EST