Mr. Justin Leger reports

CYBEATS EXPANDS CONTRACT WITH GLOBAL MEDICAL DEVICE MANUFACTURER BY 76%

Cybeats Technologies Corp. has completed a 76-per-cent revenue expansion of its existing six-figure commercial engagement with a global medical device manufacturer for SBOM Studio. The expansion reflects the continued adoption of Cybeats' platform across the customer's software security program. The renewed engagement also includes the onboarding of Raven, Cybeats' new agentic artificial-intelligence-native intelligence layer, marking the first commercial rollout of Raven with a customer.

Consistent with industry practice, the customer has requested to remain anonymous due to internal cybersecurity policies and procurement confidentiality. This is common among organizations operating in highly regulated industries, where cybersecurity technologies and vendors are often not publicly disclosed.

Cybeats also continues to build its future revenue pipeline, with eight active proof-of-concept (POC) engagements currently under way across multiple sales channels. These POCs span regulated industries including health care, industrial and critical infrastructure, supporting both new customer acquisition and future expansion opportunities.

"Strong enterprise software businesses are built by delivering measurable customer value over time," said Justin Leger, chief executive officer of Cybeats. "This expansion demonstrates the confidence our customers have in SBOM Studio and the results they are achieving. This expansion represents an increase in revenue, scope and contract duration by an important customer. Combined with our strong and growing net revenue retention and an expanding pipeline of active proof-of-concept engagements, we believe these metrics reflect continued momentum in our commercial execution and validate our land-and-expand strategy."

About Cybeats SBOM Studio

Cybeats SBOM Studio is the SBOM system of record for software supply chain security, providing organizations with a governed, audit-ready source of truth for software bills of materials (SBOMs) across the software life cycle. Built on top of SBOM Studio, Raven is Cybeats' AI-native Intelligence Layer, transforming software transparency data into actionable security insights through AI-powered reasoning, vulnerability prioritization and evidence-based decision support. Together, SBOM Studio and Raven help organizations strengthen cybersecurity, accelerate compliance and secure complex software supply chains.

Key capabilities include:

• Agentic AI native intelligence bridge: Raven applies AI-powered reasoning to vulnerability prioritization, reachability analysis and evidence generation, helping security teams make faster, more informed decisions while keeping sensitive code within their environment.
• Quality analysis and automated data enrichment: AI-driven SBOM enrichment improves software transparency by creating structured, accurate and machine-readable SBOMs while enhancing component classification and data quality.
• Continuous vulnerability monitoring: Continuously correlates newly disclosed vulnerabilities with software inventories, enabling organizations to identify, prioritize and respond to software supply chain risks in real time.
• Regulatory compliance and secure distribution: Simplifies compliance with evolving cybersecurity regulations through governed SBOM management, quality validation, secure sharing and comprehensive audit trails.
• Scalable enterprise deployment: Supports seamless integration across multitenant environments and complex software supply chains, providing visibility from software procurement through deployment.
• Comprehensive software supply chain visibility: Delivers a centralized, governed view of software components, dependencies and security posture across critical infrastructure sectors including health care, medical devices, industrial, energy, telecommunications, automotive, financial services and defence.

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