Tego Cyber Inc. Recaps 2023 Achievements and Looks Ahead to 2024

Tego Cyber Inc. (OTCQB:TGCB), a cybersecurity firm concentrated on crafting advanced cyber threat intelligence and automated detection tools, recently announced its year-end review. CEO and CFO, Robert Mikkelsen, conveyed gratitude towards shareholders for their continuous support and disclosed the company's advancements in 2023, alongside forecasts for 2024.

Throughout 2023, the company undertook expansions and refinements, particularly in broadening the integrations for its threat detection engine. Despite facing challenges in commercializing its technology, Mikkelsen reported the successful launch of services in collaboration with Amazon Security Lake and debuts on the Databricks Marketplace. Sales strategies were revamped, leading to the generation of the company's first revenue in October.

Looking forward, Mikkelsen expressed optimism for 2024, highlighting the introduction of the Tego Threat Intelligence feed and a strategy focusing on building a recurring revenue base aiming for profitability. The company has mapped out a sales strategy targeting inside sales, managed security service providers, value-added resellers, and OEM licensing. Despite current stock price concerns, plans are in motion for increased market awareness and pursuing trading on major exchanges.

Tego Cyber Inc.'s mission revolves around providing comprehensive and actionable cyber threat intelligence, aiming to streamline security operations for their clients. As the company navigates through its strategies and developments, it promises regular updates and direct communication with its shareholders.