Cybeats Technologies Corp. Announced the appointment of Justin Leger1, MBA, as Chief Executive Officer. As incoming CEO, Mr. Leger's primary mandates are to drive the optimization and refinement of growing commercial operations, and to accelerate the company's foundation of dedicated U.S. infrastructure including corporate headquarters and listing on a senior U.S. exchange such as the NASDAQ. The appointment is effective
immediately. Justin's appointment as CEO follows the successful commercial launch of SBOM Studio, which is now the solution of choice for several of the world's largest infrastructure and medical device companies from the Fortune 500.1 Mr. Leger is an accomplished operator who has led businesses to winning and servicing complex G7 government contracts. He formerly served in the Special Operations Forces, and at Maximus Canada as Sr. Director of Business Performance. Justin's appointment as CEO follows the successful commercial launch of SBOM Studio, which is now the solution of choice for several of the world's largest infrastructure and medical device companies from the Fortune 500.1 Mr. Leger is an accomplished operator who has led businesses to winning and servicing complex G7 government contracts. He formerly served in the Special Operations Forces, and at Maximus Canada as Sr. Director of Business Performance. Mr. Leger will assume the CEO role from his previous position of Chief Operating Officer at Cybeats, held since March 2022. Having worked closely with Cybeats' technology and commercial divisions, he is well equipped to assume the CEO role to drive sales performance and business outcomes. Having held roles in the Special Operations Forces Command as well as senior executive, operational, and business development roles, Justin comes to this leadership position with the momentum, drive, and focus to deliver commercial results for Cybeats. Yoav Raiter was instrumental in the development and commercialization of the SBOM Studio2 product, bringing it to its leadership position in the SBOM management marketplace today. Mr. Raiter successfully navigated the spinout of the Company, and transformed the Software Bill of Materials (SBOM) project into a compelling and marketable product ?SBOM Studio? that has earned validation from Fortune 500 customers. Yoav is stepping down from the role to focus his efforts on continued development as CEO of Scryb Inc. where Cybeats was developed and brought to market. Yoav Raiter will continue to contribute to Cybeats' as a special advisor and as a member of the Company's Board of Directors.