PRESS RELEASE
Tego Cyber Announces Transformational Acquisition to Create AI-Native Managed Security Platform with OVER $7M in Annual Revenue
LAS VEGAS, NV – AUGUST 18, 2025 – Tego Cyber Inc. (OTCID: TGCB), a cybersecurity company focused on AI-driven threat intelligence and detection solutions, today announced it has entered into a definitive agreement for the acquisition of the assets of a leading U.S.-based managed security services provider (MSSP). The transaction creates a combined company with over $7 million in annual revenue, a nationwide customer base, and a platform uniquely positioned to capitalize on the $30 billion AI-in-cybersecurity market.
The acquired business brings hundreds of managed Security Information and Event Management (SIEM) instances under management, serving enterprises and channel partners across multiple industries. This real-time security telemetry will be integrated with Tego’s proprietary threat correlation and enrichment engine, creating an AI-native MSSP platform operating in live customer environments at scale.
“This acquisition is a game-changer for Tego,” said Robert Mikkelsen, CEO of Tego Cyber Inc. “We now have the scale, data, and operational infrastructure to deliver AI-driven threat detection and response in real time, while immediately enhancing our top-line revenue and accelerating our path to profitability.”
With the addition of the acquired assets, the combined company will have access to one of the most diverse and robust real-time security datasets in the MSSP sector.
The acquisition also supports Tego’s strategic roll-up vision. The Company has previously executed a Letter of Intent (LOI) with an international managed security provider generating approximately $16 million in annual revenue and nearly $8 million in EBITDA. This transaction, when completed, would significantly expand Tego’s global footprint, profitability, and recurring revenue base.
A Platform for AI-Powered Cybersecurity
The acquired security operations will serve as the foundation for deploying Tego’s proprietary threat correlation technology in combination with advanced Large Language Models (LLMs). This approach enables:
• Faster and more accurate threat detection
• Automated security playbooks and incident response
• Scalable SOC operations that address the global shortage of cybersecurity professionals
About Tego Cyber Inc.
Tego Cyber Inc. was founded to provide enterprises with advanced, AI-driven cybersecurity solutions that integrate directly into leading SIEM platforms. Tego’s threat intelligence and correlation engine enriches security events with real-time context, empowering security teams to respond to threats faster and with greater accuracy.
Forward-Looking Statements
The statements contained in this press release, those which are not purely historical or which depend upon future events, may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements regarding the Company's expectations, hopes, beliefs, intentions or strategies regarding the future constitute forward-looking statements. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements because of various factors. All forward-looking statements included in this press release are based on information available to the Company on the date hereof and the Company assumes no obligation to update any such forward-looking statement. Prospective investors should also consult the risks factors described from time to time in the Company's Reports on Forms 10-K, 10-Q and 8-K and Annual Reports to Shareholders.
Contact:
Corporate
Tego Cyber Inc.
8565 S Eastern Avenue, Suite 150
Las Vegas, Nevada 89123
USA
Tel: 855-939-0100 (North America)
Tel: +1 725-726-7840 (International)
Email: info@tegocyber.com
Web: tegocyber.com
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