T Scientific's Major Shareholders and Key Executives Purchase 440,000 Shares... "Declaration of Responsible Management"

The largest shareholder and key executives of T Scientific expressed confidence in enhancing corporate value and a commitment to responsible management by purchasing company shares.

T Scientific (CEO Kim Sang-woo, Yoo Seung-jae) announced on the 23rd that three key executives, including the largest shareholder Wijit, purchased 444,969 shares of the company. The amount is approximately 615 million KRW.

T Scientific CEO Yoo Seung-jae stated, “The purchase of company shares is part of responsible management and an investment in future growth value,” adding, “We will review various policies the company can implement, such as the share cancellation decided on the 13th and this share purchase, to restore shareholders' trust and continuously increase corporate value and shareholder value.”

Meanwhile, T Scientific is set to acquire 100% of Netcruise, the only domestic company possessing both big data-based log and network management core technologies, by the end of this month. Starting with this Netcruise acquisition, T Scientific plans to solidify its position as an ‘AI-based IT security solution specialist’ through synergy with its existing data and information security sectors, ultimately aiming to maximize shareholder value.