CyberCatch Announces Acquisition of Multi-Authority Attributes-Based Encryption, Expands Product Offering to Boost Cybersecurity, Mitigate Risk From AI and Quantum Driven Cyber Attacks and Drive Large Cybersecurity Sales

Executive Summary

• CyberCatch Holdings, Inc. entered into a definitive share‑exchange agreement to acquire all issued and outstanding shares of Atriarch Inc. (“Atriarch”).
• The consideration is 1,250,000 CyberCatch common shares at CAD $2.00 per share, subject to customary closing conditions including TSXV approval.
• The acquisition provides CyberCatch with multi‑authority attributes‑based encryption with revocation technology, which management expects will enable new use cases, drive large sales and revenue growth, and enhance protection against AI‑ and quantum‑driven cyberattacks.

Key Details

• Transaction Structure: Share exchange – CyberCatch to issue 1,250,000 common shares (CAD $2.00 per share) to Atriarch shareholders in exchange for all of Atriarch’s issued and outstanding shares.
• Closing Conditions: Subject to customary conditions, including final approval from the TSX Venture Exchange (TSXV).
• Share Restrictions: CyberCatch Shares to be issued will be subject to contractual sale restrictions.
• Strategic Rationale: Acquisition delivers proprietary multi‑authority attributes‑based encryption with revocation support, enabling immediate commercial use cases in public and private sectors (e.g., encrypted emergency communications with granular, instantly revocable access).
• Market Context: Cited IBM 2025 Cost of a Data Breach report – average U.S. breach cost > USD $10 million; average global time to identify/contain breach = 241 days. Management argues current encryption is insufficient against emerging AI and quantum threats.
• Management Quote: “This is not sustainable… we have identified several immediate use cases … anticipate announcing several key partnerships shortly for the partners to license and incorporate into their technology products,” – Sai Huda, CEO, CyberCatch.

Notable Quotes

“What is needed is innovative encryption for both data in motion and data at rest… we have identified several immediate use cases in key sectors for this value proposition, and anticipate announcing several key partnerships shortly.” – Sai Huda, CEO, CyberCatch

Materiality Assessment: Material – Positive (the acquisition is expected to materially enhance the company’s technology portfolio, open new revenue streams, and improve competitive positioning).