2022-05-17 | CSE:SCYB | Press Release

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Toronto, Ontario–(Newsfile Corp. – May 17, 2022) – Scryb Inc. (CSE: SCYB) (OTCQB: SCYRF) (FSE: EIY) (“Scryb” or the “Company”) is pleased to report on the signing of a software licence agreement for Cybeats cybersecurity platform. The contract is with a large blockchain-based cryptocurrency exchange (“Client”) for Cybeats SBOM Studio enterprise product suite.

The software licence entails an annual subscription with unlimited users for the software supply chain risk management product suite, SBOM Studio. The contract represents the first commercial licence for SBOM Studio, which offers valuable software security solutions to manage vulnerabilities and mitigate cybersecurity risks across an enterprise.

“This contract is the first large-scale commercial client for the Company’s SBOM studio product suite, and marks the exciting entry into the cryptocurrency exchange security market. The billion-dollar entity is part of a fast-growing industry, and one that will require security solutions to accelerate organizational growth by ensuring software security operations align with today’s regulatory environments and evolving cyber threats. SBOM Studio is an essential…

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