Irys Technologies Expands Capabilities and Markets Through Strategic AcquisitionDTSI Acquisition Adds Defense Industry Clients to Irys Portfolio.

SAN ANTONIO (Dec. 1, 2023) – Irys Technologies, Inc., a leading technology company headquartered in San Antonio, has acquired Diversified Technical Services, Inc. (DTSI), a provider of software development, cybersecurity, and IT services with a strong reputation in defense and government sectors. This strategic move combines Irys’s innovation-driven approach and technological capabilities with DTSI’s robust client base and IT service expertise, enhancing market reach and product offerings.

Founded in San Antonio in 2017, Irys is renowned for its cutting-edge technology in communication, maintenance and operations, and community engagement. It is the developer of products like the 311SA application and has partnerships in both the public and private sectors. The company will retain its Alamo City headquarters and will employ more than 60 individuals. The leadership teams from both Irys and DTSI are committed to a seamless integration, focusing on cultural alignment, operational efficiency, and leveraging diverse talents from both organizations.

“This is an amazing opportunity to integrate Iry’s product suite with DTSI’s services. Over 40 years, DTSI has developed cybersecurity and other technologies that have earned the respect of the U.S. Air Force and other government entities. We work with government and private sector clients across the U.S. and around the globe. Together, we will leverage our combined strengths to expand our market,”

“This is an amazing opportunity to integrate Iry’s product suite with DTSI’s services. Over 40 years, DTSI has developed cybersecurity and other technologies that have earned the respect of the U.S. Air Force and other government entities. We work with government and private sector clients across the U.S. and around the globe. Together, we will leverage our combined strengths to expand our market,” said Beto Altamirano, Chief Executive Officer of Irys. “We’ve long respected DTSI’s former chairperson Suzanne Castanuela and CEO Manny Marrufo. When they were ready to sell, we saw an opportunity to integrateDTSI’s strengths with ours to address the complex challenges of cybersecurity and offer comprehensive solutions to our clients.”

The decision to entrust DTSI to Irys comes at a pivotal time, marking a moment of transformation for both the market and our company. Irys's forward-thinking approach and strong track record make them the ideal choice to elevate what we have built to new heights. As I step back, I am confident that this is the best path forward for the legacy and the future of the company," expressed Suzanne Castanuela, DTSI’s former chairperson.

The company will continue to operate under the name of Irys Technologies, Inc. and will be led by Beto Altamirano as CEO. Eduardo Bravo is the Chief Operating Officer; Greg Wickets is the Vice President of Operations; and Dave Ramos is the Vice President of Corporate Affairs. Irys co-founder Beto Gomez remains involved and is the CEO of the Better Futures Institute, a nonprofit organization established by Irys to advance a culture of innovation and civic engagement.

"By combining Irys's innovation with DTSI's service excellence, we're utilizing our world-class team's expertise to capture a broader market segment. Our product-plus-service approach is setting a new industry standard for sustainable growth," said Eduardo Bravo, COO of Irys.

This acquisition elevates Irys’s portfolio and reinforces San Antonio’s emerging status as a hub for innovative technology companies, explained Beto Altamirano. “This expansion brings high-skill, highpaying jobs to the city, exemplifying how startups and established companies can flourish in thisdynamic environment. Irys's expertise in emerging technologies not only contributes to San Antonio's economic development but also sets a compelling example for future growth in the tech sector, affirming the city's potential as a leader in advancing the technological landscape.”