Toronto, Ontario--(Newsfile Corp. - December 8, 2024) - Scryb Inc. (CSE: SCYB) (OTCQB: SCYRF) (FSE: EIY) ("Scryb" or the "Company") is excited to announce the launch of Raidian, a new business unit dedicated to providing AI governance and compliance solutions for enterprises. Radian equips businesses with software to effectively manage AI risks, streamline compliance, and enhance operational efficiency, allowing them to confidently deploy AI in highly regulated and complex environments. As the demand for AI risk management and compliance with emerging AI regulations grows, Scryb is capitalizing on this opportunity through Raidian. The unit has successfully developed a prototype of its Software as a Service ("SaaS") product and is actively showcasing it through commercial presentations and live demos. To drive the growth and leadership of Raidian, Scryb has appointed Yoav Raiter, a veteran software expert with over 30 years of experience in innovation, as Raidian's new CEO. Under Yoav Raiter's leadership, Raidian aims to become a trusted ally for enterprises tackling AI governance challenges. Yoav Raiter will resign as CEO of Scryb Inc.

and from its Board of Directors to concentrate on the Raidian venture. The Company expresses gratitude to Mr. Raiter for his many years of valuable contributions to Scryb, including advancements in the FRR, Cybeats, and AI technologies, as well as his leadership. "The demand for AI governance and management tools is increasing as organizations face challenges in handling AI risks and regulatory requirements, " said Yoav Raiter, CEO of Raidian. "Radian's mission is to provide businesses with the necessary tools to ensure safe, reliable, and compliant AI systems while leveraging the vast potential of this rapidly expanding market. " Radian tackles the critical challenges enterprises face in managing interconnected AI systems, where cascading effects across models can pose significant risks. Building on Scryb's success with scalable SaaS solutions, Raidian targets the growing demand for AI governance, with spending on AI software and services projected to reach $741 billion by 2027. Unlike traditional tools that focus on isolated AI models, Raidian offers dynamic monitoring capabilities that provide real-time insights into AI systems' interdependencies, enabling proactive risk mitigation and compliance management. By automating functions such as monitoring, risk assessment, and compliance, Raidian reduces complexity and cost while protecting enterprises from legal, financial, and reputational risks associated with non-compliance.