BRIEF

on Tego Cyber Inc. (NASDAQ:TGCB)

Tego Cyber Inc. Launches New Cyber Threat Intelligence Service

On April 2, 2024, Tego Cyber Inc., announced the launch of Tego Threat Intelligence (Tego TI), a service designed to provide organizations with real-time cyber threat intelligence. Tego TI aims to supply actionable intelligence to Security Operation Centers (SOCs), thus enhancing their ability to predict and protect against both current and future cyber threats. This intelligence is essential for detecting potential breaches by analyzing and enriching data from global sources.

Robert Mikkelsen, CEO & CFO of Tego Cyber Inc., expressed that the commercial launch of Tego TI comes in response to a significant demand for actionable cyber threat intelligence. Highlighting the initial strong interest in Tego TI, Mikkelsen anticipates substantial revenue generation from this product. Shannon Wilkinson, President and CTO, also commented on the potential of Tego TI to complement other cybersecurity software solutions through licensing agreements, thus adding value to more users and shareholders alike. The first licensing agreement was initiated in March.

Tego Cyber Inc. is focusing on the potential offered by licensing Tego TI and is currently making the service available through its sales channels, aiming to further extend its reach and impact in the cybersecurity realm.

R. H.

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