TORONTO, April 22, 2022 – Scryb Inc. (“Scryb''or the “Company”) (CSE: SCYB, OTCQB: SCYRF, Frankfurt: EIY), a cloud-based solution powering businesses with applied intelligence, real-time analytics, and actionable insights, is pleased to report that Cybeats has been recognized as a

Representative Provider in the 2022 Gartner Innovation Insight for SBOMs¹ Report.     Gartner, Inc

provides actionable, objective insights, guidance, and tools that enable faster, smarter decisions and stronger performance on an organization’s most mission-critical priorities.

Gartner InnovationInsight for SBOMs report stated: "SBOMs improve the visibility, transparency, security, and integrity of proprietary and open-source code in software supply chains." To realise these benefits, software engineering leaders should integrate SBOMs throughout the software delivery life cycle.

"With cyberattacks occurring on a much more frequent basis, we are seeing organisations across all industries ramp up their SBOM capabilities," said Dmitry Raidman, CTO of Cybeats. "Cybeats SBOM Studios solves software development teams' cybersecurity challenges by automating SBOMs for all software produced, verifying SBOMs for software consumed, and using SBOM data to continuously assess security and compliance risks before, during, and after deployment. SBOM Studio mitigates security and compliance risk in software, "allowing software engineers and developers to sleep at night!"

The Gartner report goes further and states:

"Software engineering leaders responsible for building software applications should:

●         Enhance visibility into the complete software supply chain by tracking dependencies between open-source components in software development life cycle (SDLC) using SBOMs.

●         Discover affected components and share vulnerability data by using SBOM standards to exchange information about components and their relationships.

●         Ensure SBOMs are rebuilt along with software artifacts by generating SBOMs during the software build process rather than relying on pregenerated SBOM data. Use software

¹ https://www.gartner.com/en/documents/4011501-innovation-insight-for-sboms

‍

‍

composition analysis tools to generate and verify SBOMs for third-party, open-source components.

●   Mitigate software supply chain security risks by requesting commercial software providers to provide standards-based (e.g., software package data exchange [SPDX], software identification [SWID], Cyclone DX) SBOMs during the procurement process.”

We believe Cybeats SBOM Studio was named in this Gartner report because it is known as a leading commercial SBOM tool and enterprise-class solution for manufacturing software applications; it effectively tracks the makeup of the software and assesses and identifies potential security risks. The software bill of materials is an inventory of every component of software that is included in an application. With over 90% of software applications developed using existing software components, there are many potential threats and vulnerabilities across most software.

SBOM Studio is an enterprise-class solution that tracks third-party components, which are an integral part of software development. It automatically documents and tracks software components, identifying where they were developed, potential security risks, and establishing a plan for maintenance that will prevent security posture degradation over the life of the application. Software consumers or producers can use SBOMStudio to improve security and compliance, visibility and traceability of software, and data sharing.

Cybeats’ SBOM Studio includes key capabilities to improve cybersecurity during and after software application development:

1.      Automation of SBOMs during the build process including analysis of source code and binaries (e.g., container images, zip files, dynamic link libraries [DLLs]) to generate SBOMs for legacy software and artifacts, with the ability to modify SBOMs.

2.      Reporting interface providing software development teams to view, compare, import, validate, and share SBOMs in an intuitive format.

3.      Flexibility to merge and translate SBOM contents from one format or file type to another, and supports the use of SBOM manipulation in other tools via APIs and libraries.

Cybeats recently reported it has deployed its SBOM STUDIO product suite to three large organizations. The first is a multinational aerospace company that develops and sells aviation and defence technologies worldwide. The second organisation is a noteworthy cryptocurrency exchange based in the

U.S. These two organisations are using SBOM Studio to test the respective security of their software supply chains while improving compliance and reporting. The third company is a multinational IoT accessories company, which commenced a pilot engagement for its IoT security product suite. SBOM Studio will automate the tracking of third-party components that are an integral part of Cybeats’ clients' software development and provide developers with cloud-based reporting.

For more information on SBOM Studio, and to access the report, visit www.cybeats.com/gartner

‍

Gartner Disclaimer

*Gartner, “Innovation Insight for SBOMs”, Manjunath Bhat, Dale Gardner, Mark Horvath, Feb 14, 2022.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product, or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's Research and Advisory organisation and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Cybeats

Cybeats delivers intelligent security applications for software supply chains and IoT-connected devices, autonomously detecting and eliminating cyber risks from design to operation. Cybeats—Software Made Certain

Website:www.cybeats.com

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

About Scryb

Scryb is a platform that powers businesses and technologies with applied intelligence, real-time analytics, and actionable insights. The platform boasts proven adaptability across diverse markets, from digital health and diagnostics to cybersecurity and manufacturing. The cloud-based platform is composed of crucial elements, including sensor technology, IoT, predictive analytics, and computer vision.

For more information, please visit our website at: 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

Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterised by words such as "

"plan,"  "expect,"  "project,"  "intend,"  "believe,"  "anticipate,"  "estimate," and other similar words or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the time the statements are made and are subject to a variety of risks, uncertainties, and other factors that could cause actual events or results 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. There are uncertainties inherent in forward-looking information, including factors beyond the company’s control. There are no assurances that the commercialization plans for the technology described in this news release will come into effect on the terms or timeframe described herein. The company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the company’s filings with Canadian securities regulators, which filings are available at www.sedar.com.

‍