Mr. Steve Perkins reports

NUBEVA ANNOUNCES CLOSURE OF 1.7 MILLION DOLLAR CONTRACT

Nubeva Technologies Ltd. successfully closed a three-year contract valued at over $1.7-million on June 5, 2023. The customer, which wishes to remain anonymous for strategy and security reasons, is a leading global technology company that serves over 40 of the top 50 Fortune Global 500.

"We are thrilled to close another seven-figure deal," said Steve Perkins, chief marketing officer at Nubeva. "This agreement highlights the confidence in our technologies and Nubeva's ability to deliver on our promises."

The closure of this significant agreement showcases Nubeva's continued success in securing substantial contracts and reflects its dedication to providing cutting-edge solutions that address critical challenges facing all organizations. Nubeva will be able to fulfill the requirements of this deal using existing resources, further exemplifying its operational efficiency and scalability through its adoption of artificial intelligence (AI).

"With our high gross margins, we are well positioned to meet the needs of our customers while driving sustained growth and innovation," added Mr. Perkins. "Our focus remains on empowering organizations to effectively combat the ransomware threat facing businesses today."

About Nubeva Technologies Ltd.

Nubeva Technologies provides next-generation decryption solutions for faster, lower-cost recovery from ransomware attacks. Its mission is to reduce downtime costs and damages so businesses never pay ransoms again.

We seek Safe Harbor.