Market Overview

DarkLight Appoints Dan Wachtler as Chief Executive Officer

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Also announces headquarters relocation to Seattle, Washington

DarkLight,
Inc.
, formerly Champion Technology Company, Inc., and maker of the
first of its kind cybersecurity solution using an Artificial
Intelligence Expert System, today announced the appointment of Dan
Wachtler as Chief Executive Officer. Mr. Wachtler joins DarkLight having
extensive experience in both financial crimes compliance and
cybersecurity – both of which are verticals the DarkLight platform is
expected to serve.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180807005593/en/

Dan Wachtler, DarkLight CEO (Photo: Business Wire)

Dan Wachtler, DarkLight CEO (Photo: Business Wire)

Mr. Wachtler joins DarkLight just as the team and Co-Founders Ryan
Hohimer and John Shearer – with extensive support from DarkLight CISO
and cybersecurity science expert Shawn Riley – launch the latest version
of DarkLight Cyber. The DarkLight Cyber solution is a knowledge
engineering based active defense product which takes over where Machine
Learning AI leaves off.

Dan Wachtler notes: "I am pleased to join DarkLight at this exciting
time. They have assembled an impressive team and are working with
incredible technology. During my search I began to tire trying to
differentiate between AI platforms – almost all of which are Machine
Learning or Deep Learning based. DarkLight was the only platform that
jumps out as a true difference maker and in my mind is the next
generation AI for cybersecurity. The value proposition to our current
and future clients is easy to explain – DarkLight Cyber is a best in
breed AI detection system in its own right but also allows you to
identify gaps or redundancies within your current security posture and
dramatically reduces analyst time working repetitive or false positive
alerts."

Ryan Hohimer notes, "John Shearer's search and recommendation to the
board for the right CEO for DarkLight resulted in a precision fit. It is
like Dan is a custom part built to the exact specifications and needs of
our enterprise. He brings the cybersecurity leadership and experience
that balances with our cybersecurity science, domain knowledge, and AI
acumen."

John Shearer adds, "I am thrilled to have Dan join the team. Adding his
skill set and expertise will allow us to fully exploit Ryan's patented
AI Expert system platform, not only in the cybersecurity domain, but
other critical problem spaces as well."

"It is terrific timing for Dan to join DarkLight because we're different
from 99.9% of the A.I. in the cybersecurity market. Machine Learning and
Deep Learning focus on ‘predictions' about the patterns in the data and
it's difficult to explain how those solutions arrived at the prediction.
Knowledge Engineering based Expert Systems like DarkLight focus on
verifying analytic claims and predictions with Cognitive Playbooks while
producing 100% transparent explanations," said Shawn Riley, CDO & CISO.
"Additionally, DarkLight's Cyber Effects Matrix helps organizations
understand what cyber resiliency effects their security controls,
playbooks, courses of action, and other mitigations have across nearly
400 commonly known adversary behaviors."

Formerly President of a NASDAQ listed cybersecurity and financial crime
investigative company, Mr. Wachtler has led numerous capital raises and
managed large corporate realignment efforts to include international
expansion efforts. He is passionate about working with companies and
teams who prioritize making a difference in their chosen line of work.

In conjunction with the name change and the appointment of Mr. Wachtler,
the Company has moved its headquarters from Santa Monica, California to
Seattle, Washington. The recent efforts are to position the company for
anticipated growth and need for talent.

About DarkLight

DarkLight™ Cyber is an Active Defense cybersecurity solution and a
force-multiplier with sharable ‘Cognitive Playbooks' addressing the
greatest challenge facing the industry today – the lack of skilled cyber
analysts and investigators. It is a first of its kind, knowledge
engineering based expert system for scientific inquiry and scientific
knowledge management of an organization's integrated cyber defense and
resiliency knowledge. The underlying Artificial Intelligence engine was
created at one of the nation's most advanced research laboratories – the
Pacific Northwest National Lab. The Company recently emerged from
stealth, bringing its patented technology to the commercial market for
use by enterprises of all sizes. DarkLight's AI vastly improves cyber
security operations and automates the cognitive processes of their most
highly-prized resource: the logic and experience of human analysts and
investigators. To learn more, please visit www.darklight.ai.

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