Phoenix, Arizona--(Newsfile Corp. - September 30, 2021) - The Stock Day Podcast welcomed Tego Cyber Inc. (OTCQB: TGCB) ("the Company") a company created to capitalize on the emerging cyber threat intelligence market. CEO of the Company, Shannon Wilkinson, joined Stock Day host Everett Jolly.
Jolly began the interview by asking about the Company's background and current projects. "Tego Cyber is a cyber threat intelligence company," explained Wilkinson. "We created the company to capitalize on the gaps within the emerging cyber threat intelligence market, which is the fastest growing segment within cyber security," she explained. "We've developed a threat intelligence platform that basically integrates into leading security platforms."
"Could you give us a summary of your 10K annual report?" asked Jolly. "We're still considered a development stage company," said Wilkinson. "We've been in R&D so our current revenues are fairly small right now, but our cash position compared to a year ago is much better," said Wilkinson, adding that the Company currently has an excess of $1.5 million. "We had about $583,000 compared to $81,000 a year ago."
"We really think right now with the position that we are in that we have sufficient working capital to finish up the development of our application and get to profitability," continued Wilkinson.
Jolly then asked about the progress of the Company's beta testing. "There will be some really exciting news in the coming weeks," said Wilkinson. "We've completed the beta testing of our first integration of our threat intelligence application," she shared. "We are finalizing the commercial launch as we speak," said Wilkinson. "There was some news recently about a partnership here in Las Vegas with a company here called IONnovate," she said. "We've spun off another development team that will be focused on additional integrations."
"What makes your application special?" asked Jolly. "Tego Cyber provides additional context to the threat data, which turns it into intelligence," said Wilkinson. "The other thing that makes us different is the integration into the SIEM platform," she added. Wilkinson also shared that the Company's application also differs in its ability to look further into cyber security threats after they happen. "If you only look forward, you'll never catch the potential compromise of your network in the past, either weeks or months."
"How do you intend to market your product?" asked Jolly. "We have employed a hybrid sales staff," said Wilkinson, adding that the Company also works with channel partners and consultancies. "We're partnering up with those kinds of partners to basically target the existing Splunk users," explained Wilkinson, before elaborating on the potential of Splunk's existing customer base. "The market's potential as well for this product is exponential."
To close the interview, Wilkinson encouraged listeners and shareholders to learn more about the Company's current projects, as well as the emerging cyber threat intelligence industry, by checking out their website and social media platforms.
To hear Shannon Wilkinson's entire interview, follow the link to the podcast here: https://audioboom.com/posts/7951943-tego-cyber-inc-discusses-results-of-annual-10k-report-and-upcoming-application-commercialization.
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About Tego Cyber Inc.
Tego Cyber Inc. (OTCQB: TGCB) was created to capitalize on the emerging cyber threat intelligence market. The Company has developed a cyber threat intelligence application that integrates with top end security platforms to gather, analyze, then proactively identify threats to an enterprise network. The Tego Threat Intelligence Platform (TTIP) takes in vetted and curated threat data and after utilizing a proprietary process, the platform compiles, analyzes, and then delivers that data to an enterprise network in a format that is timely, informative, and relevant. The threat data provides additional context including specific details needed to identify and counteract threats so that security teams can spend less time searching for disparate information. The first version of the TTIP will integrate with the widely accepted SPLUNK platform to provide real-time threat intelligence to macro enterprises using the SPLUNK architecture. The Company plans on developing future versions of the TTIP for integration with other established SIEM systems and platforms including: Elastic, IBM QRadar, AT&T Cybersecurity, Exabeam, and Google Chronical. For more information, please visit www.tegocyber.com.
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.
Tego Contact:
Tego Cyber Inc.
8565 S Eastern Avenue, Suite 150
Las Vegas, Nevada 89123
USA
Tel: 855-939-0100 (North America)
Tel: 725-726-7840 (International)
Email: info@tegocyber.com
Web: tegocyber.com
Facebook: facebook.com/tegocyber
LinkedIn: linkedin.com/company/tegocyber
Twitter: twitter.com/tegocyber
Tego Investor Relations:
Crescendo Communications, LLC
Tel: 212-671-1020
Email: TGCB@crescendo-ir.com
About The "Stock Day" Podcast
Founded in 2013, Stock Day is the fastest growing media outlet for Nano-Cap and Micro-Cap companies. It educates investors while simultaneously working with penny stock and OTC companies, providing transparency and clarification of under-valued, under-sold Micro-Cap stocks of the market. Stock Day provides companies with customized solutions to their news distribution in both national and international media outlets. The Stock Day Podcast is the number one radio show of its kind in America.
SOURCE:
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/98128.
