Trust Stamp Selected for CyberBoost Catalyse Program to Accelerate Global Growth in Cybersecurity in Singapore and APAC

Rhea-AI Summary

Trust Stamp (IDAI) has been selected for the prestigious CyberBoost Catalyse program in Singapore, an initiative led by CyberSG Talent, Innovation and Growth Collaboration Centre, Plexal, the Cyber Security Agency of Singapore, and the National University of Singapore.

The program will support Trust Stamp's expansion across Singapore, APAC, the UK, and global markets through intensive boot camps, expert-led sessions, and one-on-one mentoring. The company will focus on developing market strategies, engaging with global investors, and scaling its privacy-first biometric authentication solutions in sectors including financial services, government, healthcare, and digital infrastructure.

Trust Stamp's Vice President APAC, Ajmir Safi, highlighted this as a key milestone in their global expansion strategy, emphasizing Singapore's position as a world leader in cybersecurity innovation.

Positive

• Selection for prestigious cybersecurity program enhances market credibility
• Strategic expansion opportunity into Singapore and APAC markets
• Access to expert mentoring and global investors
• Potential for new partnerships in key sectors

Negative

• None.

SINGAPORE, April 03, 2025 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), the Privacy-First Identity Company™, has been selected to participate in the prestigious CyberBoost Catalyse program, an initiative led by the CyberSG Talent, Innovation and Growth (TIG) Collaboration Centre, powered by Plexal, and supported by the Cyber Security Agency of Singapore (CSA) and the National University of Singapore (NUS). This competitive international program supports high-growth cybersecurity companies looking to expand their impact across Singapore, APAC the UK, and key global markets.

Trust Stamp’s selection reflects its innovation in privacy-preserving, AI-powered identity verification technologies, and its proven ability to solve critical challenges in digital security, fraud prevention, and data privacy, without compromising usability or interoperability—key considerations for both governments and enterprises. Through CyberBoost Catalyse, Trust Stamp will participate in intensive boot camps, expert-led sessions, and one-on-one mentoring to further develop its market strategies, engage with global investors, and scale its solutions in international markets.

The program offers participants a unique opportunity to gain deep market insights, build strategic partnerships, and engage with cybersecurity leaders in Singapore and beyond. Trust Stamp will leverage this platform to explore new opportunities across the Asia Pacific region and accelerate the adoption of its privacy-first biometric authentication technologies in sectors such as financial services, government, healthcare, and digital infrastructure.

“This opportunity to participate in CyberBoost Catalyse marks a key milestone in our global expansion strategy. Singapore is a world leader in cybersecurity innovation, and being part of this program enables us to refine our market approach while building meaningful partnerships across Asia and beyond. We look forward to collaborating with the CSA, Plexal, NUS, and fellow participants to bring scalable, secure, and privacy-enhancing identity solutions to new markets,” said Ajmir Safi, Vice President, APAC, Trust Stamp.

Through CyberBoost Catalyse, Trust Stamp aims to accelerate its mission of empowering individuals and organizations with ethical, privacy-first identity solutions that drive digital inclusion and resilience across borders.

For more information about Trust Stamp and its initiatives, visit www.truststamp.ai.

Inquiries
Trust Stamp                                                   Email: Shareholders@truststamp.ai

Ajmir Safi

Vice President, Trust Stamp APAC  

About Trust Stamp

Trust Stamp is a global provider of AI-powered services for use in multiple sectors including banking and finance, regulatory compliance, government, healthcare, real estate, communications, and humanitarian services. Its technology empowers organizations via advanced solutions that reduce fraud, tokenize and secure data, securely authenticate users while protecting personal privacy, reduce friction in digital transactions, and increase operational efficiency, enabling customers to accelerate secure financial inclusion and reach and serve a broader base of users worldwide.

With team members from twenty-two nationalities in eight countries across North America, Europe, Asia, and Africa, Trust Stamp trades on the Nasdaq Capital Market (Nasdaq: IDAI).

Safe Harbor Statement: Caution Concerning Forward-Looking Remarks 

All statements in this release that are not based on historical fact are “forward-looking statements” including within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The information in this announcement may contain forward-looking statements and information related to, among other things, the company, its business plan and strategy, and its industry. These statements reflect management’s current views with respect to future events-based information currently available and are subject to risks and uncertainties that could cause the company’s actual results to differ materially from those contained in the forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. The company does not undertake any obligation to revise or update these forward-looking statements to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events.

FAQ

What is the significance of Trust Stamp (IDAI) joining the CyberBoost Catalyse program?

The selection enables Trust Stamp to expand across Singapore and APAC markets, receive expert mentoring, develop market strategies, and engage with global investors while scaling their privacy-first identity solutions.

Which sectors will Trust Stamp (IDAI) target through the CyberBoost Catalyse program?

Trust Stamp will target financial services, government, healthcare, and digital infrastructure sectors with their biometric authentication technologies.

What support will Trust Stamp (IDAI) receive through the CyberBoost Catalyse program?

The company will receive intensive boot camps, expert-led sessions, one-on-one mentoring, market insights, and opportunities to build strategic partnerships.

Which organizations are backing the CyberBoost Catalyse program that Trust Stamp (IDAI) joined?

The program is supported by CyberSG, Plexal, the Cyber Security Agency of Singapore (CSA), and the National University of Singapore (NUS).