Business
Tego Cyber Inc. Provides 2022 Fiscal First Quarter Results and Business Update
Tego Cyber Inc. Provides 2022 Fiscal First Quarter Results and Business Update.
About this update from Tego Cyber Inc.
[{"type":"text","content":"Accelerating sales and marketing activities based on positive industry feedback following completion of beta and commercial launch of first version of threat intelligence platformLAS VEGAS, NV / ACCESSWIRE / November 16, 2021 / Tego Cyber Inc. (OTCQB:TGCB), an emerging developer of proactive cyber threat intelligence applications and solutions, today provided a business update and reported financial results for the first quarter of fiscal 2022 ending September 30, 2021 ."We continued to make significant progress with development and execution of our business plan," stated Shannon Wilkinson, CEO of Tego Cyber Inc. "During the first quarter, we expanded the beta test of the first version of the Tego Threat Intelligence Platform; we appointed leading cybersecurity executive, Chris White, as Chief Information Security Officer; and we entered into a Master Services Agreement with IONnovate, LLC, a premier application development firm based in Las Vegas, Nevada, to supplement the current development team with additional resources to enhance the scalability and expedite the rollout of the Company's threat intelligence platform.""Since the end of the first quarter, we have continued our momentum. Importantly, we announced the commercial launch of the first version of our threat intelligence platform integration app: Tego Guardian, which integrates with the widely used Splunk SIEM (Security Information and Event Management) platform and is now available for direct download through Splunk's app store. On the heels of the commercial launch, we began executing on our inside sales strategy in coordination with Relativity Sells and are working on launching a new channel partner initiative that we believe will further accelerate our growth. Overall, we have received very positive feedback from within the industry due to the Tego Guardian app's ability to provide an enterprise's cybersecurity team tools to analyze threat data and immediately assess which threats need to be acted upon. Importantly, our platform is not only designed to identify and act on risks before they occur, but also streamline the process to save our clients time and money. Given our traction on the Splunk SIEM platform, we recently commenced development of the next version of our threat intelligence application for integration with the Elastic Secu...