Toronto, Ontario--(Newsfile Corp. - August 5, 2025) - Cybeats Technologies Corp. (CSE: CYBT) ("Cybeats'' or the "Company") is pleased to announce the settlement of $1,500,000 of indebtedness and the conversion of $1,405,000 in principal amount of outstanding convertible debentures. The settlements and conversions align with the Company's objective to strengthen its balance sheet and reduce debt as it advances into a phase of commercial growth and operational scale-up.Debt SettlementPursuant to debt settlem ...

Financial Data and Key Metrics Changes - Revenues grew 10% to $164.1 million, with channel partners contributing 49% of total revenues compared to 46% a year ago [22] - Adjusted EBITDA for Q2 was $73.4 million, representing a 45% margin compared to a 47% margin a year ago [24] - Free cash flow was $32.4 million, representing a 20% margin compared to 33% in the prior year [25] - EPS for Q2 grew 11% to $1.68 [25] Business Line Data and Key Metrics Changes - Patch management and cybersecurity asset management combined made up 16% of total bookings and 26% of new bookings on an LTM basis [24] - Cloud security solutions, Total Cloud SINA, accounted for 5% of LTM bookings [24] Market Data and Key Metrics Changes - 15% growth outside the U.S. was ahead of domestic business growth, which was 7% [23] - The number of customers spending $500,000 or more grew 7% from a year ago to 212 [12] Company Strategy and Development Direction - The company is pioneering a new risk operation center category in cybersecurity, focusing on proactive risk management rather than just detection [7] - The introduction of a fully reimagined agentic AI platform aims to manage cyber risk across multi-vendor environments [8] - The company is expanding its partner ecosystem and driving deep technology integrations to enhance growth [18] Management's Comments on Operating Environment and Future Outlook - The management noted ongoing macroeconomic uncertainty but expressed optimism about improving net dollar expansion rates [31][32] - The guidance for full-year 2025 revenues is expected to be in the range of $656 million to $662 million, representing a growth rate of 8% to 9% [26] - The company plans to continue investing in sales and marketing and engineering to drive long-term growth [28] Other Important Information - The company received FedRAMP High authorization, positioning it as a modern alternative for federal, state, and local agencies [17] - The launch of a new pricing model allows customers to purchase Qualys units, providing access to the entire platform [20] Q&A Session Summary Question: Insights on the macro environment and guidance conservatism - Management indicated that the environment remains stable but challenging, with customers being cautious about spending [31] Question: Performance of mROC messaging - The mROC concept is resonating well with customers, providing a proactive risk management solution that differentiates from traditional offerings [34] Question: Bridging revenue and billings growth - Management noted that current billings could indicate bookings performance, with expectations of 6% to 8% growth for the year [40] Question: Expectations for the federal vertical in Q3 - Management expects FedRAMP High to create opportunities over the next few quarters, although immediate impact is not anticipated [44] Question: Impact of Flex pricing on larger commitments - Early feedback on the new pricing model has been positive, allowing customers to access multiple modules without purchasing additional SKUs [51] Question: Drivers of revenue outperformance - Management attributed revenue outperformance to improved execution and a more conservative guidance framework due to macro uncertainties [58] Question: Improvement in gross retention and net retention - The improvement is attributed to both reduced macro headwinds and effective execution in customer discussions [78]

Financial Data and Key Metrics Changes - Revenues grew 10% to $164.1 million, with channel contributions increasing to 49% of total revenues from 46% a year ago [21][22] - Adjusted EBITDA for Q2 was $73.4 million, representing a 45% margin compared to 47% a year ago [23] - Free cash flow was $32.4 million, representing a 20% margin compared to 33% in the prior year [24] - EPS for Q2 grew 11% to $1.68 [24] Business Line Data and Key Metrics Changes - Patch management and cybersecurity asset management combined accounted for 16% of total bookings and 26% of new bookings on an LTM basis [23] - Cloud security solutions, Total Cloud SINA, made up 5% of LTM bookings [23] Market Data and Key Metrics Changes - International revenue grew by 15%, outpacing domestic growth of 7% [22] - The number of customers spending $500,000 or more grew 7% year-over-year to 212 [12] Company Strategy and Development Direction - Qualys is pioneering a new risk operation center category in cybersecurity, focusing on proactive risk management rather than just detection [6][7] - The company is expanding its ETM solution and introducing identity security management to address the evolving cybersecurity landscape [10][11] - A new flexible pricing model, Qualys units (QLUs), allows customers to access the entire platform and utilize modules of their choice [18] Management's Comments on Operating Environment and Future Outlook - The management noted ongoing macroeconomic uncertainty but expressed optimism about improving net dollar expansion rates, which increased to 104% [32][33] - The company expects revenue growth for the full year 2025 to be in the range of $656 million to $662 million, representing an 8% to 9% growth rate [25][26] - Management emphasized the importance of continued investment in sales and marketing to drive growth and capitalize on market opportunities [27] Other Important Information - Qualys received FedRAMP High authorization, positioning it as a modern alternative for federal, state, and local agencies [16] - The company is focusing on expanding its partner ecosystem to drive growth and enhance its market presence [17] Q&A Session Summary Question: Insights on the macro environment and guidance conservatism - Management acknowledged a stable but challenging environment, with customers being cautious about spending [32] Question: Performance of mROC messaging - Management noted that partners are excited about the proactive risk management capabilities offered by mROC, differentiating it from traditional SOC services [35] Question: Bridging revenue and billings growth - Management indicated that current billings growth is expected to align with revenue growth guidance of 6% to 8% [41] Question: Expectations for the federal vertical post-FedRAMP High - Management expressed optimism about future opportunities in the federal sector, although immediate impacts are not expected [46][48] Question: Impact of Qualys Flex pricing - Management reported positive feedback on the new pricing model, which allows customers to access multiple modules without purchasing additional SKUs [51] Question: Revenue outperformance and guidance - Management attributed revenue outperformance to a more conservative initial guidance due to macro uncertainties, but noted strong execution in the first half of the year [58]

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VANCOUVER, British Columbia, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Sekur Private Data Ltd. (OTCQB: SWISF | CSE: SKUR | FRA: GDT0) (“Sekur” or the “Company”), a leading Swiss-hosted cybersecurity and private communications platform, is pleased to announce that Alain GHIAI, will present live at the OTCQB Venture Virtual Investor Conference hosted by VirtualInvestorConferences.com, on August 7th , 2025 DATE: August 7th TIME: 3:30 PM ETLINK: REGISTER HEREAvailable for 1x1 meetings: August 11th to Aug 15th 2025. Thi ...

Core Insights - CyberCatch Holdings, Inc. is a cybersecurity company that offers a patented, AI-enabled continuous cybersecurity compliance and cyber risk mitigation solution, primarily targeting organizations in critical infrastructure sectors in North America [1][5]. Company Highlights - The company will be presenting live at the OTCQB Venture Virtual Investor Conference on August 7, 2025, with CEO Sai Huda as the speaker [1]. - CyberCatch provides a proprietary Software-as-a-Service (SaaS) solution that addresses the root causes of cyberattacks by implementing necessary controls and continuously testing them from multiple dimensions [5]. - Recent developments include signing an agreement with a strategic reseller partner to serve U.S. government agencies, joining NVIDIA's Inception Program to enhance AI cyber risk mitigation solutions, and launching a no-application cyber insurance policy benefit for organizations using its solution [8].

Core Insights - CISO Global announced a significant financial restructuring involving the conversion of over $9 million in convertible debt into newly issued Preferred Shares by two strategic long-term investors [1][2] - The restructuring aims to enhance the company's financial profile and simplify its capital structure, eliminating all long-term debt except for a modest receivables line of credit [3][4] Financial Restructuring - The newly issued Preferred Shares carry a 10% coupon and hold seniority in the company's capital structure without the issuance of warrants [3] - The conversion of debt to equity reflects the confidence of the principal investors in CISO Global's strategic shift towards software-focused cybersecurity solutions, particularly in the insurance channel [2][4] Company Strategy and Market Position - CEO David Jemmett emphasized that the restructuring represents a strong vote of confidence in the company's strategic direction and future growth prospects [4] - CISO Global is positioned to expand its market-leading cybersecurity software solutions and enhance market penetration, driving sustainable growth [4][5]

Core Insights - Palo Alto Networks has launched Cortex Cloud Application Security Posture Management (ASPM), a prevention-first application security module designed to block security issues before they reach production, enhancing efficiency and cost-effectiveness by a factor of ten [1][4]. Group 1: Product Features - Cortex Cloud ASPM integrates an open AppSec partner ecosystem, allowing organizations to consolidate data from various third-party code scanners into a centralized platform for improved visibility [2]. - The new module enhances existing application security offerings within Cortex Cloud, providing comprehensive end-to-end visibility across the application lifecycle [4][8]. - Key benefits of Cortex Cloud ASPM include proactive risk prevention, prioritization of critical vulnerabilities, and automation of fixes to streamline security processes [9]. Group 2: Market Context - The introduction of Cortex Cloud ASPM addresses the persistent challenge of application risks reaching production, which exposes organizations to potential threats [5]. - As application development speeds up, the need for security solutions that can adapt and protect against real risks becomes increasingly critical [5]. - The product is currently in early access and is expected to be generally available in the second half of 2025, indicating a strategic move to enhance Palo Alto Networks' market position in cybersecurity [5].

Core Viewpoint - Palo Alto Networks has significantly expanded its market capitalization to approximately $114 billion since Nikesh Arora became CEO in June 2018, driven by an aggressive acquisition strategy, including the recent $25 billion acquisition of CyberArk, marking a pivotal moment in the cybersecurity landscape [2][3]. Company Strategy - Under Arora's leadership, Palo Alto has executed over 20 acquisitions to establish itself as a comprehensive cybersecurity provider, with CyberArk being the largest acquisition in the company's history [2][3]. - The acquisition of CyberArk is aimed at enhancing Palo Alto's capabilities in identity management, positioning the company against competitors like Okta, Microsoft, and IBM's HashiCorp [5][16]. Market Reaction - Following the announcement of the CyberArk deal, Palo Alto's stock experienced a 16% decline, with several analysts downgrading their ratings due to concerns over the integration and potential synergies of the acquisition [3][19]. - Analysts have expressed mixed sentiments, with some recommending a hold on the stock while others maintain a buy recommendation, citing Arora's strong execution focus and market positioning strategy [19][20]. Financial Performance - CyberArk reported a 46% revenue increase in the latest quarter, reaching $328 million, which constitutes about 14% of Palo Alto's total revenue [9]. - The acquisition aligns with the growing demand for integrated cybersecurity solutions, as organizations increasingly seek to streamline their security operations [17]. Competitive Landscape - Palo Alto has identified Alphabet as a new competitor in the cybersecurity space, alongside traditional players like Cisco and Microsoft, reflecting the evolving dynamics of the industry [4]. - The cybersecurity sector is witnessing a surge in mergers and acquisitions, driven by the rise in sophisticated cyber threats, particularly those leveraging artificial intelligence [5].

Core Insights - Cisco will host Splunk's annual .conf25 user conference from September 8–11, 2025, in Boston, focusing on the integration of Splunk to leverage agentic AI for actionable insights from machine data [1][4] Group 1: Event Highlights - The conference will showcase new innovations, advancements in security and observability, and customer success stories [2][3] - Attendees will include major customers like Deloitte, Pizza Hut, T-Mobile, and Regeneron Pharmaceuticals, with Splunk leaders announcing new product innovations [3][4] - The event expects over 6,000 attendees and features performances by the band Weezer, making it Splunk's most anticipated event of the year [7] Group 2: Key Sessions and Awards - The conference will include an Innovation Keynote and a Product Keynote, where Cisco and Splunk leaders will discuss AI-centered product visions and unveil advancements in AI, security, and observability [7][8] - The Splunkie Awards and Splunk Partner Awards will recognize customers and partners for their exceptional results using Splunk's product portfolio [6] Group 3: Strategic Focus - Cisco executives will discuss partner integration updates, emphasizing a commitment to empowering the partner ecosystem and uncovering new revenue opportunities [5] - Splunk aims to demonstrate the value of machine data in maximizing AI trust and power, enhancing operational productivity, and protecting against AI-driven cyberattacks [4][10]