News
Jan 6th, 2026

CyBeats Strengthens Board of Directors to Guide Growth, Governance, and Channel Strategy

Cybeats announced the appointment of software supply chain security leader Cassie Crossley as Chair of its Advisory Board and a Director, and enterprise IT executive Tejinder Kaushik as a Director. The Company is strengthening governance and growth

In December 2025, CyBeats Technologies Corp. (CSE: CYBT) (OTCQB: CYBCF), The Company welcomed Cassie Crossley as Chair of the CyBeats Advisory Board and appointed both Ms. Crossley and Tejinder Kaushik to the Board of Directors.

These appointments matter because software supply chain security is moving from awareness to accountability. Customers in critical infrastructure, medical, telecom, financial, automotive, and other regulated environments are being asked to prove what is in their software, enable secure SBOM sharing with partners and regulators, respond faster to vulnerabilities, and align with evolving compliance requirements. CyBeats is building for that reality with SBOM Studio and SBOM Consumer products, and is equally focused on ensuring its governance and strategy are built for scale.

Cassie Crossley: Bringing the Practitioner View from the Front Lines

Cassie Crossley is widely recognized as one of the foremost leaders in software supply chain security, with more than two decades of experience spanning cybersecurity, product security, and operational technology. She previously served as Vice President of Supply Chain Security at Schneider Electric, where she was an early pioneer in enterprise SBOM management and led global SBOM adoption and compliance programs. She is also the author of Software Supply Chain Security: Securing the End-to-End Supply Chain for Software, Firmware, and Hardware (O'Reilly Media).

What makes this appointment especially meaningful for CyBeats is that Ms. Crossley knows the space from the buyer's perspective. She championed a practical, scalable vision for SBOM management and sharing at Schneider Electric, working directly with CyBeats as a customer and design partner. She now brings that same practitioner lens to both Board oversight and Advisory Board leadership. This combination helps CyBeats stay grounded in what enterprise product supply chain security teams actually need: an operational, scalable SBOM management solution connected to vulnerability management workflows.

As Chair of the Advisory Board, Ms. Crossley will help guide how CyBeats listens to the market, validates product direction, and engages with the broader ecosystem of standards and best practices that CyBeats helped shape. As a Director, she supports governance level decision making as CyBeats scales adoption across regulated sectors.

Tejinder Kaushik: Adding Enterprise IT, Governance, and Manufacturing Depth

Tejinder Kaushik joins the Board of Directors with more than 25 years of global executive experience and hands-on leadership in enterprise IT operations, cybersecurity, digital transformation, and technology governance. He currently serves as Senior Vice President and Head of Information Technology at Chemtrade Logistics, a Toronto-based chemical manufacturing company with annual sales of over $1.8 billion.

Mr. Kaushik brings a strong perspective on how large enterprises evaluate risk reduction, compliance, and vendor trust, which are critical considerations for ICS/OT organizations implementing supply chain security management programs and establishing secure SBOM sharing practices. His background across governance, risk, compliance, vendor oversight, and transformation programs strengthens how CyBeats thinks about scaling responsibly, including how it builds repeatable motions through partners and channels.

Cybeats: Pioneering SBOM Management and Continuing to Lead

CyBeats has been at the forefront of SBOM management since the category's earliest days. Members of Cybeats' leadership and advisory team played a key role in defining the Software Bill of Materials (SBOM) and VEX standards that now underpin global regulatory frameworks, including the U.S. Executive Order 14028, the EU Cyber Resilience Act, and FDA medical device requirements.

This pioneering work positioned CyBeats to develop SBOM Studio, the industry's leading platform for end-to-end SBOM management, vulnerability management, and secure SBOM sharing. Today, Fortune 500 and NYSE companies, including Emerson, Schneider Electric, and Rockwell Automation, trust SBOM Studio to manage software transparency across their global operations.

As the market matures, CyBeats continues to lead. SBOM Consumer, launched commercially in early 2025, extends Cybeats' pioneering approach to organizations that consume software-based products, enabling them to monitor software risks, operationalize SBOM management, and establish automated SBOM-sharing workflows across their supply chain.

Why This Is a Pivotal Moment for Cybeats

CyBeats enters 2026 with clear signals of commercial traction and operational momentum, supporting the investment thesis for continued growth.

In fiscal Q3 2025, revenue increased 47 percent year over year, driven by new customer acquisition and continued expansion within existing enterprise accounts. This performance reflects strong customer satisfaction and a proven expansion-driven revenue model. Management also reported the strongest pipeline in the Company’s history, spanning pilots, active proofs of concept, and procurement-stage opportunities.

On the product side, SBOM Consumer launched commercially in early 2025, extending Cybeats' total addressable market beyond software producers to organizations consuming software-based products. In April 2025, SBOM Consumer added integration with enterprise asset management systems like Nozomi and Industrial Defender, enabling OT and IT teams to map SBOMs to digital or physical assets, streamline SBOM management workflows, monitor risk in real time, and support operational vulnerability management decisions.

On the customer traction side, CyBeats announced a three-year contract expansion with Emerson, with Emerson scaling SBOM Studio across additional business units. This pattern of land-and-expand reinforces the recurring revenue model and demonstrates the scalability of Cybeats' platform within large enterprise accounts. The engagement also underscores why SBOM Studio leads the market: detecting vulnerabilities early, enabling secure SBOM sharing across the organization, and delivering enterprise-scale visibility into vulnerability management.

Independent research from Market Report Analytics estimates that the global SBOM market will reach approximately US$1.318 billion in 2025 and grow at a 24 percent compound annual growth rate from 2025 to 2033, driven by regulatory mandates and heightened software supply chain risk. CyBeats is well-positioned to capture market share in this expanding market.

This is the context for strengthening the Board now. The goal is not to change who CyBeats is. It is to support disciplined growth with strong governance, sharper strategy, and a channel-focused approach that can scale adoption across the markets the Company serves.

What to Expect Next

With Ms. Crossley and Mr. Kaushik joining the Board of Directors, and with Ms. Crossley chairing the Advisory Board, CyBeats is aligning product, governance, and go-to-market execution around what enterprise and critical infrastructure customers are asking for most: operational transparency, faster vulnerability management response, secure SBOM sharing, and clear compliance alignment.

Organizations evaluating SBOM Studio for software producers or SBOM Consumer for software-consuming organizations can expect continued platform innovation from the pioneer in SBOM management, strengthened enterprise support, and deeper integration with vulnerability management and SBOM-sharing workflows.

CyBeats is grateful for Ms. Crossley and Mr. Kaushik's willingness to contribute their time and experience, and looks forward to working with them in the service of its customers, partners, and shareholders.

About Cybeats SBOM Studio

Cybeats SBOM Studio is the management solution for your software security lifecycle. SBOM Studio is an enterprise-class solution that helps you understand and track third-party components that are an integral part of your own software. Use SBOM Studio to document what you have and where it came from, and plan for the maintenance that will prevent security posture degradation over the life of your software. Features include:

Key features include:

  • Quality Analysis & AI-Driven Enrichment – Automates and standardizes SBOM data for accuracy, usability, and machine-readability.
  • Real-Time Vulnerability Monitoring – Continuous detection and tracking of security risks from discovery to remediation.
  • Regulatory Compliance & Secure Distribution – Supports major global mandates, simplifies audits, and enables structured SBOM sharing across stakeholders.
  • Scalable Enterprise Deployment – Designed for multi-tenant environments and high-volume SBOM ingestion across global product teams.
  • Enhanced Security & Software Transparency – Strengthens risk assessment for critical infrastructure sectors including energy, healthcare, industrial automation, and defense.

About Cybeats Technologies Corp.

Cybeats Technologies Corp. (CSE: CYBT, OTCQB: CYBCF) is a cybersecurity company providing Software Bill of Material (SBOM) management and software supply chain intelligence technology, helping organizations to manage risk, meet compliance requirements, and secure their software from procurement to development and operation. Cybeats platform gives customers comprehensive visibility and transparency into their software supply chain, enabling them to improve operational efficiency, increase revenue, and align organizations with current and future regulations. Cybeats. Software Made Certain. Website: www.cybeats.com

Contacts:

Justin Leger

CEO

Phone: 1-888-713-SBOM (7266)

Email: ir@cybeats.com

Sean Peasgood

Investor Relations

Phone: (905) 667-6761

Email: sean@sophiccapital.com

Forward-looking Information Cautionary Statement

This press release contains statements which constitute “forward‐looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future activities. Forward‐ looking information is often identified by the words “may,” “would,” “could,” “should,” “will,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “expect” or similar expressions and include information regarding: (i) statements regarding the future direction of the Company (ii) the ability of the Company to successfully achieve its business and financial objectives, and (iii) expectations for other economic, business, and/or competitive factors. Investors are cautioned that forward‐looking information is not based on historical facts but instead reflect the Company’s management’s expectations, estimates or projections concerning the business of the Company’s future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward‐looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the combined company. Among the key factors that could cause actual results to differ materially from those projected in the forward‐looking information are the following: changes in general economic, business and political conditions, including changes in the financial markets; and in particular in the ability of the Company to raise debt and equity capital in the amounts and at the costs that it expects; adverse changes in the public perception of the Company’s products; decreases in the prevailing prices for the Company’s products; adverse changes in applicable laws; or adverse changes in the application or enforcement of current laws; and other risks described in the Company’s public disclosure documents filed on SEDAR+ at www.sedarplus.ca.  Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward‐looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward‐looking information except as otherwise required by applicable law.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

See Cybeats Security
Platform in Action Today

We shortened our vulnerability review timeframe from a day to under an hour. It is our go-to tool and we now know where to focus our limited security resources next.

Lead Security Architect, Product Supply Chain Security (June 2024)
10x
from days to under an hour

SBOM Studio saves us approximately 500 hours per project on vulnerability analysis and prioritization for open-source projects.

Lead Cyber Security Engineer
(June 2024)
500hrs
saved per project