Mr. Hamed Shahbazi reports
WELL HEALTH REBRANDS CYBERSECURITY DIVISION AS 'CYBERWELL' AND APPOINTS JEFFREY ENGLE AS CEO TO LEAD GLOBAL GROWTH STRATEGY
Well Health Technologies Corp. has rebranded its cybersecurity division to Cyberwell, and its new chief executive officer is Jeffrey Engle.
The rebrand to Cyberwell marks a strategic consolidation of several leading Well cybersecurity firms, Source44, SeekIntoo, Cycura and Proack Security, into a single, unified platform. This move enhances operational efficiency, strengthens brand equity, combines the unique and complementary capabilities of each of the legacy businesses, empowers Cyberwell's sales and business development teams with a cohesive and more comprehensive lineup of products and services, and positions Well to better serve the growing demand for advanced cybersecurity capabilities across North America and beyond.
Cyberwell is led by Jeffrey Engle, a seasoned technology executive, entrepreneur and U.S. special operations veteran with deep expertise in cybersecurity and a proven record of value creation. He has built and led multiple successful ventures in the cybersecurity space, most recently leading a company through a nine-figure exit. His leadership style blends operational rigour with strategic foresight, honed through years of navigating complex risk environments across both public and private sectors.
His career reflects a mission-driven approach to protecting critical systems and data. He has helped shape industry dialogue on cyber resilience, data privacy and infrastructure protection, and is known for building high performing teams capable of delivering both innovation and disciplined execution. As chief executive officer, he is focused on driving Cyberwell's evolution into a next-generation cybersecurity service company -- anchored in recurring revenue, earnings before interest, taxes, depreciation and amortization growth, and long-term shareholder value.
"Cyber threats are increasing in volume, sophistication and cost," said Jeffrey Engle, chief executive officer of Cyberwell. "Health care and other critical infrastructure sectors especially are under growing pressure, and, in the case of health care, these attacks can interrupt care, delay treatment and put lives at risk. As threat actors become more advanced, most organizations struggle to keep pace. Cyberwell unites deeply experienced cybersecurity teams within holistic and unified services designed to scale. This new structure will give us the foundation to grow efficiently across Canada and beyond, while continuing to deliver the pro-active, high-impact outcomes our clients rely on. Our vision is global, and we are committed to building one of the leading cybersecurity services companies in the world."
This strategic alignment further enhances Well's position as a digital health leader by expanding its capabilities into the high-growth cybersecurity arena with a focus on multiple industries, including, but not limited to, the increasingly data-rich global health care sector. Cyberwell will pursue a disciplined growth strategy centred on recurring revenue, EBITDA expansion and market share acquisition -- complementing Well's broader platform strategy.
Hamed Shahbazi, founder and chief executive officer of Well Health, commented: "The Well family couldn't be prouder to welcome Jeffrey Engle as CEO of Cyberwell, our newly rebranded cybersecurity business. Jeff is a veteran of the United States Army Special Operations Command, a former senior vice-commander and military order of the Purple Heart. He has also recently operated, scaled and successfully exited a very valuable cybersecurity business. He is a rare breed of leader, and inspires tremendous teamwork and confidence. We are excited to back Jeff, and look forward to communicating the many successes and value creation events we will have to our shareholders. Well intends for Cyberwell to serve as a growth engine within its portfolio, with an active pipeline of merger and acquisition opportunities both in Canada and internationally. As with other successful Well subsidiaries, Cyberwell may be considered for a future spinout, providing an additional potential avenue for shareholder value creation."
About Well Health Technologies Corp.
Well's mission is to tech-enable health care providers. It does this by developing the best technologies, services and support available, which ensures health care providers are empowered to positively impact patient outcomes. Well's comprehensive health care and digital platform includes extensive front and back office management software applications that help physicians run and secure their practices. Well's solutions enable more than 41,000 health care providers between the United States and Canada, and power the largest owned and operated health care ecosystem in Canada with more than 210 clinics supporting primary care, specialized care and diagnostic services. In the United States Well's solutions are focused on specialized markets such as the gastrointestinal market, women's health, primary care and mental health. Well is publicly traded on the Toronto Stock Exchange under the symbol WELL and on the OTC exchange under the symbol WHTCF.
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