Mr. Sai Huda reports

CYBERCATCH SIGNS UP RECORD NUMBER OF CUSTOMERS IN MONTH OF JULY 2023 FROM CRITICAL INDUSTRY SEGMENTS FOR ITS AI-ENABLED CYBERSECURITY COMPLIANCE SOLUTION AND ADVANCED CYBER RISK MITIGATION SERVICES

Cybercatch Holdings Inc. has signed up a record number of customers from a variety of critical industry segments in North America in the month of July, 2023, totalling approximately $400,000 in sales bookings.

The customers in the United States and Canada ranged from a large medical health care provider, higher educational institution, regional economic development corporation, law firm, technology company, housing development authority, private equity firm, wealth management and investment advisory firm, employee benefits consulting firm to construction industry trade association.

The customers signed up for the company's industry-leading software-as-a-service (SaaS) artificial intelligence-enabled continuous cybersecurity compliance and cyber risk mitigation solution and/or advanced cybersecurity services such as a cybersecurity maturity assessment and advanced red-team penetration test.

The company is also pleased to announce it generated over $4-million in new sales pipeline from demand generation marketing activities in the month of July, 2023, to add to the current $10-million sales pipeline.

Both the record sales and pipeline generation were from direct sales and marketing activities.

"We are delighted with the direct sales and demand generation marketing success and thrilled to finish the current fiscal year strong with a record month in new sales bookings and pipeline in July, 2023. We are expecting continued sales bookings growth each month in the new fiscal year as we continue to execute and stay focused on accelerated sales growth, especially as we complement our direct sales efforts with key large sales distribution partners we have signed up and are activating and will sign up additional ones in the coming months," said Sai Huda, founder, chairman and chief executive officer, Cybercatch. "We are excited with the market demand and sales momentum with prospects and customers in a variety of critical industry segments and look forward to seeing the sales bookings convert into annual recurring revenue (ARR) growth in the new fiscal year."

"We have a unique value proposition that enables our customers to take their cyber risk management to the next level with our AI-enabled comprehensive solution and advanced cybersecurity services to mitigate cyber risk continuously and keep our customers not only in compliance, but also one step ahead of rapidly increasing cyber threats," continued Mr. Huda.

About Cybercatch Holdings Inc.

Cybercatch Holdings is a cybersecurity company that provides a proprietary, artificial intelligence-enabled (AI) software-as-a-service (SaaS) solution that enables continuous compliance and cyber risk mitigation to organizations in critical segments, so they can be safe from cyber threats. The Cybercatch platform focuses on solving the root cause of why cyberattacks are successful: security holes from control deficiencies. It first helps implement all mandated and necessary controls, then the platform automatically and continuously tests the controls from three dimensions (outside-in, inside-out and social engineering) to find control failures so one can fix them promptly to stay compliant and safe from attackers.