13:37:43 EDT Tue 14 May 2024
Enter Symbol
or Name
USA
CA



Cybercatch Holdings Inc
Symbol CYBE
Shares Issued 56,921,659
Close 2023-08-28 C$ 0.19
Market Cap C$ 10,815,115
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Cybercatch hires AI Venturetech for consulting

2023-08-28 19:58 ET - News Release

Mr. Tom Bustamante reports

CYBERCATCH ANNOUNCES ENGAGEMENT OF NEW YORK CITY CONSULTANT WITH AI RESEARCH LAB

Cybercatch Holdings Inc. has entered into a consulting services agreement with AI Venturetech Inc., a New York-based consulting firm with an AI (artificial intelligence) research lab specializing in AI, quantum computing and cybersecurity.

Pursuant to the consulting services agreement effective Aug. 1, 2023, between the company and AI Venturetech, AI Venturetech's engagement is for 2.5 months beginning Aug. 1, 2023. AI Venturetech will profile the company in its AI research lab and educate the business community about the company's AI-enabled cyber risk mitigation solution and its value proposition. The company will pay AI Venturetech an aggregate of $5,000 (U.S.) for the term of the agreement. The agreement is subject to TSX Venture Exchange approval.

"We are excited to welcome Cybercatch as a trusted solutions provider for our next realm AI and cybersecurity research lab. With their innovative platform and expertise in enabling continuous compliance and risk mitigation, Cybercatch is an ideal partner as we guide the community to build ethical and effective AI systems for advanced cybersecurity. Cybercatch's unique approach of automating control testing to identify and help fix vulnerabilities aligns perfectly with our mission of inspiring the development of proactive solutions to stay ahead of emerging threats. We look forward to collaborating with Cybercatch, and leveraging their thought leadership, as we explore what's possible in AI-enabled cybersecurity," said Tom Bustamante, founder and chief executive officer, AI Venturetech.

About Cybercatch Holdings Inc.

Cybercatch 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.

We seek Safe Harbor.

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