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Scope Technologies Strengthens Product Leadership with the Appointment of Industry Veteran Ted Carefoot as Vice President of Product

1. Ted Carefoot appointed as VP of Product at Scope Technologies. 2. Carefoot brings 20+ years in tech management and product innovation. 3. QSE platform focuses on quantum-resilient security solutions and market expansion. 4. Scope aims to lead in post-quantum security amid growing threats.

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Why Bullish?

The appointment of a seasoned leader can enhance innovation and market trust. Increased focus on security solutions boosts SCPCF's potential market performance.

How important is it?

The article highlights significant leadership changes impacting product strategy and potential future revenue. Leadership changes in tech firms often correlate with changes in stock performance.

Why Long Term?

Carefoot's role is crucial for ongoing product development that could drive sustained growth. Long-term success will depend on effective execution of the product roadmap.

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SCPEEADIS
VANCOUVER, BC, Jan. 31, 2025 /PRNewswire/ -- Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF) (FSE: VN8) ("Scope" or the "Company") is pleased to announce the appointment of Ted Carefoot as Vice President of Product. Carefoot, an accomplished technology leader with a track record of driving innovation at firms such as Electronic Arts (EA), Disney Online Studios Canada, and other major technology firms, will drive the continued evolution of QSE, Scope's flagship quantum-proof security platform. With over 20 years of experience in leading high-performance product teams and initiatives, Carefoot brings expertise in AI-driven cloud, digital security, risk management, and software product development. He most recently served as Development Director at EA, driving designated IP assets and online content end-to-end production through release. Prior to that, he held leadership roles including managing cybersecurity initiatives at Disney Online Studios Canada, and AI cloud projects at Finger Food Studios. Carefoot's extensive experience in software development, risk management, AI, and security compliance, reinforced by his certifications in Governance, Risk & Compliance (GRC), Cybersecurity, and Agile Product Management, positions him to play a critical role in expanding Scope's market leadership in quantum security solutions. "As Scope Technologies continues its growth trajectory, our commitment to product excellence and innovation is paramount," said James Young, CEO of Scope Technologies Corp. "Ted's experience in building and scaling complex digital security and AI-driven products at leading technology companies is exactly what we need as we expand QSE's adoption in both enterprise and retail markets. His expertise will accelerate our product roadmap, ensuring QSE remains at the forefront of post-quantum security." Driving Product Innovation and Market Expansion Carefoot's appointment underscores Scope Technologies' commitment to product advancement, market expansion, and revenue growth. With quantum computing advancements posing increasing threats to conventional encryption, QSE's suite of quantum-resilient security solutions has gained traction across multiple industries. Carefoot will oversee the scaling of QSE's product capabilities, optimizing its architecture for enterprise, cloud, and decentralized security solutions. "I'm thrilled to join Scope Technologies at such a pivotal time," said Ted Carefoot, VP of Product. "Quantum threats are real, and businesses need solutions now to future-proof their security. The opportunity to lead QSE's product evolution and drive meaningful market adoption aligns perfectly with my experience in AI-driven security and large-scale product development." Scope Technologies continues to aggressively expand its team and product offerings, reinforcing its position as a leader in next-generation quantum-proof security. With QSE already in the market and gaining momentum, the company remains focused on delivering real-world solutions to secure critical data today and into the future. About QSE Group QSE Group, a division of Scope Technologies Corp., specializes in quantum-resilient encryption and secure cloud storage solutions. By leveraging true randomness (entropy) and advanced encryption techniques, QSE Group protects data from both current and future threats. Learn more at qse.group. About Scope Technologies Corp Headquartered in Vancouver, British Columbia, Scope Technologies Corp is a pioneering technology company specializing in quantum security and machine learning. Through its flagship brands, QSE Group and GEM AI, Scope provides next-generation solutions in data security, quantum encryption, and neural networks, empowering businesses with secure, scalable technologies that drive growth and operational efficiency. LinkedIn: scope-technologies-corp Facebook: Scope Technologies Corp Twitter: @ScopeTechCorp Logo: https://mma.prnewswire.com/media/2521783/5144645/Scope_Technologies_Corp_Logo.jpg Contact Information:James YoungCEO, Scope Technologies Corp.Email: [email protected] Phone: +1 604-416-1720Website: www.scopetechnologies.io Cautionary Note Regarding Forward-Looking Statements This news release contains forward-looking statements that constitute forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements in this news release that are not purely historical statements of fact are forward-looking statements and include statements regarding beliefs, plans, expectations, future, strategy, objectives, goals and targets, and more specifically, the use of proceeds of the Offering. Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: "believes", "expects", "aim", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks and are based on assumptions and analyses made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments, including, but not limited to, those risks and assumptions described in the Company's latest management discussion and analysis, a copy of which is available under the Company's profile on SEDAR at www.sedar.com. While Scope considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date of this press release. In addition, forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions, continued satisfaction of Canadian Securities Exchange requirements, product safety and recalls, regulatory compliance and risks associated with the Company's business. Forward-looking statements are made as of the date of this news release and, unless required by applicable law, the Company assumes no obligation to update the forward looking statements or to update the reasons why actual results could differ from those projected in these forward-looking statements. All forward-looking statements are qualified in their entirety by this cautionary statement. The Canadian Securities Exchange has in no way passed upon the merits of the business of the Company and has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof. SOURCE Scope Technologies Corp.

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