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Scryb Announces the Joining of ‘Next Generation Manufacturing’; An Organization Leading Canada’s Advanced Manufacturing and Supply Chain Technology Development

May 18, 2021

TORONTO, May 18, 2021 – Scryb Inc. (“Scryb''or the “Company”) (CSE: SCYB, OTCQB: SCYRF, Frankfurt:EIY) is pleased to announced that it has joined the Next GenerationManufacturing Canada (NGen)1, an organization that delivers funding,education, mentorship and development initiatives across Canada.

NGen supports development of world-leading advancedmanufacturing capabilities in Canada. They have participated for over $600 million CADthrough over 120 projects, and have 4,500 organizations in their member network. The projects that interestNGen involve securing supply chains, protecting the environment, improving healthcare, and supporting technologyadoption across Canada. NGen also raises awareness of cybersecurity threatsin manufacturing acrossCanada.2 Cybeats will collaborate with NGEN memberson the future of securingsupply chains.

NGen is pleased to welcome Cybeatsas a new member. In this day of cyberthreats, it is important to have accessto companies with the know-howand best practices to help make our companies secure,” said Frank Defalco,Director of NGEN.

Cybeats enterprise product suites help secure IoT devicesand software supply chains across industry. In joiningNGen, Cybeats is excited for several opportunities within the ‘supercluster’ ofadvanced manufacturing and technologyinitiative, and to collaborate and help move SBOM (Software Bill of Materials) and the supplychain security industryforward.

 

About SBOM

An SBOM is arecord of all software components that make up a product. It is a complete,formally structured list of components, libraries, and modulesthat are includedin the software. An analogyfor

1 https://www.ngen.ca/

2 https://www.ngen.ca/cybersecurity

SBOM is the nutritional ingredients list found on everydayfood products, such as a can of coke. A Coca Cola ingredient list includes informationthat can be used to gauge allergy risk, expiry dates, and other food safety information. Just as food products are mandated to provide this list to consumers, SBOM is quicklybecoming a similarstandard in the software industry.

The Whitehouse signed anexecutive order in May 2021 stipulating that all vendors responsible for supplying software to federal agenciesmust provide an SBOM. Organizations and governments are growing more awareof the importance of softwaresupply chain security. Many regulations take effect in andaround August 2022, and others are to follow thereafter. It is anticipated thatSBOM will become a global standardacross industries.

Cybeats SBOM Studio gives access toone-of-a-kind tools to manage SBOM needs and software vulnerabilities, and providesproactive mitigation of risks to their softwaresupply chain. Key product featuresinclude:

 

●         SBOM document management and repository

●         Vulnerability, threat insights,risk management

●         Software licenseinfringement alerts

●         SBOM exchange with regulatory authorities, at reducedcost

 

 

About NGen

NGen is the industry-led,non-profit organization leading Canada’s Advanced Manufacturing Supercluster. One of five national networkssupported by Canada'sambitious Innovation Superclusters Initiative. We are founded on the principle that digitaltransformation in advanced manufacturing willenrich the livesof Canadians, delivering better products and good jobs while generating the economic growthessential to a better future.For their website:https://www.ngen.ca

 

About Cybeats

Cybeats delivers intelligent securityapplications for softwaresupply chains and IoT connecteddevices, autonomouslydetecting and eliminating cyber threats from design to operation. Cybeats -Software Made Certain. Website: www.cybeats.com

RECENT NEWS: TheCompany recently announced an enterprise licencecommercial sale to a large cryptocurrency exchange:https://bit.ly/3yPMZB0

SUBSCRIBE: For more information, or to SubScrybto the Company’s mail list,visit: https://www.scryb.ai

 

About Scryb

Scryb is a platform that powersbusinesses and technologies with applied intelligence, real-time analytics, and actionable insights. Theplatform boasts proven adaptability across diverse markets, from digital health and diagnostics tocybersecurity and manufacturing. The cloud-based platform is composedof crucial elementsincluding sensor technology, IoT, predictive analytics, and computer vision.

For more information, pleasevisit our websiteat: http://scryb.ai

 

Contact:

W. Clark Kent President

Office. 647-872-9982

TF. 1-844-247-6633

Email: info@scryb.ai

 

Forward-looking Information Cautionary Statement

Exceptfor statements of historic fact, this news release contains certain"forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by wordssuch as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similarwords, or statements that certain eventsor conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements aremade, and are subject to a variety of risks and uncertainties and other factors that could cause actual events orresults to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the CSE. Thereare uncertainties inherent in forward-looking information, including factorsbeyond the Company’s control. Thereare no assurances that the commercialization plans for the technology describedin this news release will come intoeffect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information ifcircumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance onforward-looking statements. Additional information identifying risks anduncertainties that could affect financial results is contained in the Company’s filingswith Canadian securities regulators, which filingsare available at www.sedar.com