VANCOUVER, BC and SAN DIEGO, Oct. 5, 2023 /CNW/ -- CyberCatch Holdings, Inc. ("CyberCatch" or the "Company") (TSXV: CYBE), an innovative cybersecurity company offering an artificial intelligence ("AI") enabled platform solution for continuous compliance and cyber risk mitigation, provides following corporate announcements:
Jennifer Thomas, CPA, who has served as the Company's Controller has assumed the position of Chief Financial Officer (CFO) of the Company, and Sai Huda, Chairman and CEO of the Company has assumed the role of Corporate Secretary in addition to his current duties.
"CyberCatch has accepted Darren Tindale's resignation with deep appreciation of his service to the company and contributions as CFO and Corporate Secretary. We thank Darren and convey all our best wishes for continued success in his future endeavours. We thank Jennifer Thomas for assuming the CFO responsibilities. Jennifer is an experienced CPA with over twenty five years of experience with significant accounting and financial reporting expertise and we look forward to her continuing success and contributions," said Sai Huda, Chairman and CEO, CyberCatch.
"We also have accepted resignations from Franklin Jackson and Ranell Gonzales, CIO and Head of Global Sales, respectively, and wish them well in their future endeavours. We thank Andy Kim, our CISO and Kevin Vincent, Director, Business Development, for assuming the responsibilities of CIO and Head of Global Sales, respectively, enabling a smooth transition and efficiencies for the Company."
Further to the Company's news releases dated April 25, 2023 and August 25, 2023, the Company would like to clarify that its payments of (i) $262,500 to Market One Media Group Inc. and (ii) US $5,000 to AI Venturetech, Inc. were upfront for their respective investor relations services.
Further to the Company's news release dated July 11, 2023, the Company would like to clarify the consultant fee to Belmont Plaza Corp. was upfront for $120,000 for a term of six (6) months beginning April 17, 2023 (i.e. $20,000 per month). Should the Company renew the Belmont Agreement, it will be for an additional (6) months at $60,000 per month.
About CyberCatch
CyberCatch Holdings, Inc. (TSXV: CYBE) is a cybersecurity company that provides a proprietary, AI-enabled Software-as-a-Service (SaaS) solution that enables continuous compliance and cyber risk mitigation to organizations in critical segments, so they can be safe from cyber threats. The CyberCatch platform focuses on solving the root cause of why cyberattacks are successful: security holes from control deficiencies. It first helps implement all mandated and necessary controls, then the platform automatically and continuously tests the controls from three dimensions (outside-in, inside-out and social engineering) to find control failures so one can fix them promptly to stay compliant and safe from attackers. Learn more at: https://www.cybercatch.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information:
Investor Relations, CyberCatch
Phone: 1-866-753-2923
Email: info@cybercatch.com
SOURCE CyberCatch
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