VANCOUVER — Scope AI Corp. announces that it has entered into technology agreement with Ovryde Ltd. whereby Ovryde has agreed to transfer its ownership and rights relating to delivery and application of quantum resilient entropy (the QSE Technology). Quantum resilient entropy is an advanced security measure designed to protect data against the future threats posed by quantum computing, ensuring that sensitive information remains secure in an increasingly digital world.

James Young, CEO of Scope AI Corp., stated, “We are pleased to announce the acquisition of the QSE Technology. The product suite is established, complete, and ready to onboard customers now. This acquisition enables us to provide our customers with extremely robust security solutions that are easy to integrate into existing infrastructures. With the QSE Technology, we can address the emerging threats posed by quantum computing and ensure our clients are prepared for the future of digital security.”

The QSE Technology product suite offers API-based quantum-resilient entropy as a service and encrypted cloud, on-premise, and decentralized storage solutions. At its core, the platform provides a proprietary data-pipeline that can scale vertically and horizontally to protect private, business, and government applications with highly sensitive data in transit and at rest.

Under the terms of the Technology Agreement, Scope will acquire Ovryde’s ownership and rights relating to the QSE Technology. In consideration of the QSE Technology, Scope has agreed to pay to Ovryde $400,000 and issue to Ovryde 2,800,000 common shares of the Company (the “Consideration Shares”) on closing of the transaction.