Mr. Steve Perkins reports

NUBEVA RECEIVES MISI INVITE FOR RANSOMWARE TECH TESTING

Nubeva Technologies Ltd. is correcting and replacing the press release that was released under the same headline on June 29, 2023. The company has clarified that U.S. Cyber Command was not involved in testing and the third party testing was led by MISI (the Maryland Innovation and Security Institute) at its DreamPort facility. The corrected release follows:

Nubeva Technologies has accepted the invitation for independent third party testing and validation of its ransomware reversal product by the MISI at its DreamPort facility. MISI, a cybersecurity non-profit fuelling the people and technology needed to solve critical cybersecurity challenges, serves as an intermediary to help connect U.S. Cyber Command and the U.S. government to the innovative products and solutions needed to advance the nation's cybersecurity capabilities.

Steve Perkins, chief marketing officer and head of product at Nubeva, expressed the significance of this invitation: "We are deeply honoured to have been invited by MISI to undergo testing at DreamPort. DreamPort is an invitation-only facility renowned for its rigour and integrity in cybersecurity testing of leading-edge products and technologies," said Mr. Perkins. "MISI's affiliation with U.S. cybersecurity initiatives adds an unmatched layer of credibility to the testing process."

Nubeva's ransomware reversal provides a robust protection system that decrypts data encrypted during a ransomware attack. This innovative solution enables fast and easy recovery from such attacks, eliminating the need to pay ransoms. Ensuring rapid and reliable data restoration helps organizations minimize operational disruptions, data loss, and the associated financial and other losses. This patented technology introduces a new level of business resilience against the rising ransomware threat.

"We recognize the indispensable value of third party validation," added Mr. Perkins. "We eagerly await the results and are confident that this validation will firmly establish Nubeva's ransomware reversal technology as an essential and effective resource for organizations across industries to combat the effects of ransomware."

MISI's Cyber Mission Accelerator, DreamPort, is a cybersecurity innovation and prototyping facility serving the United States Cyber Command through a partnership intermediary agreement (PIA). MISI is a highly credible organization, renowned for fostering innovation, collaboration and proof of concepts in cybersecurity.

Nubeva anticipates the release of the final findings on the testing and evaluation of ransomware reversal technology in July, 2023.

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. Nubeva's ransomware reversal software is available to end-user enterprises, managed security service providers, incident responders and cybersecurity solution manufacturers.

We seek Safe Harbor.