Mr. Andre Garber reports

NOWVERTICAL EXPANDS CLOUD MIGRATION ENGAGEMENT FOLLOWING AI-POWERED DELIVERY ACCELERATION

Nowvertical Group Inc. has expanded an existing cloud data migration engagement with a large enterprise client.

The expansion follows the use of Nowvertical's proprietary artificial-intelligence-powered migration tools, which was deployed during the initial phase of the engagement to automate elements of the data migration process.

The AI tooling reduced the delivery effort from 2,700 estimated hours to 250 hours based on internal project benchmarks enabling an accelerated project timeline. This accelerated timeline supported the client's decision to expand the scope of the project.

The client has now signed an additional $250,000 expansion in the first quarter, building on more than $2.5-million of work delivered over the last 12 months and over $7.5-million delivered over the last four years with the client.

"Our AI-enabled delivery tooling allows our teams to automate portions of complex data engineering work, improving delivery speed while maintaining quality," said Sandeep Mendiratta, chief executive officer of Nowvertical. "Data modernization and cloud migration remain foundational steps for enterprises adopting advanced analytics and artificial intelligence, and as part of our NowUnlock offering, we're supporting clients in realizing these benefits throughout this journey."

The engagement involves migrating enterprise data infrastructure to a Google Cloud platform environment designed to support analytics, AI and data governance initiatives.

The account currently operates with a gross margin consistent with the company's corporate-level targets, consistent with Nowvertical's broader delivery model, which incorporates AI-enabled automation to improve transformation productivity.

About Nowvertical Group Inc.

Nowvertical is a global data and analytics company which helps clients transform data into tangible business value with AI, fast. Offering a comprehensive suite of solutions and services, the company enables clients to quickly harness the full potential of their data, driving measurable outcomes and accelerating potential return on investment. Enterprises optimize decision making, improve operational efficiency and unlock long-term value from their data using the company's AI-infused first party and third party technologies. Nowvertical is growing organically and through strategic acquisitions.

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