NetworkNewsBreaks – SideChannel Inc.’s (SDCH)
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Posted On: 12/28/2022 5:24:22 PM
NetworkNewsBreaks – SideChannel Inc.’s (SDCH) Strategic Business Combination Featured in WBJ Article
SideChannel (OTCQB: SDCH) was featured in a recent article published by the Worcester Business Journal (“WBJ”). The piece highlights SideChannel’s 71% year-over-year revenue increase in fiscal 2022, in its first report since combining with Austin encryption company Cipherloc Corp. “Cipherloc announced the acquisition of SideChannel on July 5, saying the combined company would take the name of the Worcester firm. In a Tuesday press release, the company called the merger a business combination and determined that SideChannel was the acquiring entity for accounting purposes,” the article reads. “Our 2022 performance demonstrates our continued strength and position in the market across both product and service delivery,” SideChannel CEO Brian Haugli was quoted as saying. “Our investments in sales and marketing, coupled with our expanding cybersecurity, privacy and risk management capabilities, has proven to be effective at acquiring new clients and retaining existing relationships.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
SideChannel (OTCQB: SDCH) was featured in a recent article published by the Worcester Business Journal (“WBJ”). The piece highlights SideChannel’s 71% year-over-year revenue increase in fiscal 2022, in its first report since combining with Austin encryption company Cipherloc Corp. “Cipherloc announced the acquisition of SideChannel on July 5, saying the combined company would take the name of the Worcester firm. In a Tuesday press release, the company called the merger a business combination and determined that SideChannel was the acquiring entity for accounting purposes,” the article reads. “Our 2022 performance demonstrates our continued strength and position in the market across both product and service delivery,” SideChannel CEO Brian Haugli was quoted as saying. “Our investments in sales and marketing, coupled with our expanding cybersecurity, privacy and risk management capabilities, has proven to be effective at acquiring new clients and retaining existing relationships.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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