TORONTO, April 07, 2026 (GLOBE NEWSWIRE) -- NowVertical Group Inc. (TSXV: NOW) (“NowVertical” or the “Company”), a data and AI solutions and services provider, today announced the scale up of its engagement with a global provider of commodity pricing data and market intelligence.

The relationship began in April 2025 with a $144,000 assessment engagement focused on evaluating the client’s customer and financial data architecture. Following the initial engagement, the client expanded the scope of work across multiple phases designed to connect customer and financial data to strategic management information systems to be used by senior business leaders.

The client has now approved an additional phase of work, bringing the total value of work signed during the first twelve months of the relationship to $2.83 million – this represents the fastest account to scale to this size, following also breaking the record to reach $1 million (https://www.nowvertical.com/news-and-media/nowverticals-strategic-account-strategy-delivers-record-speed-1m-account-in-uk-market).

“Many enterprise relationships begin with a focused engagement designed to address a specific data or analytics challenge, and this feeds into our start small, scale fast operating model,” said Sandeep Mendiratta, Chief Executive Officer of NowVertical. “In this case, the initial assessment created a clear roadmap for improving how customer and financial data are connected, which has led to successive phases of implementation and expansion within the account.”

The engagement focuses on building a unified view of customer activity, product usage and financial performance to support improved decision-making by commercial leadership teams.

The account currently operates with gross margin consistent with corporate-level targets, reflecting NowVertical’s delivery approach, which combines specialized data expertise with AI-enabled engineering processes to improve efficiency.

NowVertical’s approach to enterprise engagements frequently begins with smaller pilot projects before expanding across departments or business units once measurable value has been demonstrated.

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.

For further details about NowVertical, please visit www.nowvertical.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact:

Andre Garber, CDO
IR@nowvertical.com
+1(647)947-0223 

Investor Relations:
Bristol Capital Ltd.
Stefan Eftychiou
stefan@bristolir.com
+1(905)326-1888 x60

Forward-Looking Statements

This news release may contain forward-looking statements and forward-looking information (within the meaning of applicable securities laws) which reflect the Company’s current expectations regarding future events, including statements regarding client revenue, opportunities to capitalize on strategic accounts, the Company’s ability to grow its revenue and the potential benefits of the Strategic Accounts Program. All statements in this news release that are not purely historical statements of fact are forward-looking statements and include statements regarding the Company’s expected revenue growth as a result of its partnership with Google, the Company’s expectations of expanding its portfolio of Strategic Accounts, the continued success and expected benefits of the Company’s partnership with Google, the Company’s expected revenue from CGP services generated from its partnership with Google, and any statements regarding the Company’s beliefs, plans, expectations, future, strategy, objectives, goals and targets. Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. Forward-looking statements can generally be identified by the use of forward-looking words such as “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause future results, performance, or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by the forward- looking statements, including: adverse market conditions; risks inherent in the data analytics and artificial intelligence sectors in general; regulatory and legislative changes; inability to obtain any requisite future financing on suitable terms; any inability to realize the expected benefits and synergies of the Company’s partnership with Google; that market competition may affect the business, results and financial condition of the Company and other risk factors identified in documents filed by the Company under its profile at www.sedarplus.com, including the Company’s managements discussion and analysis for the year ended December 31, 2024 and subsequent filings. Forward-looking statements are not guarantees of future performance and undue reliance should not be placed thereon, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Company. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.

All of the forward-looking statements contained in this press release are qualified by the foregoing cautionary statements, and there can be no guarantee that the results or developments that we anticipate will be realized or, even if substantially realized, that they will have the expected consequences or effects on our business, financial condition or results of operation. Unless otherwise noted or the context otherwise indicates, the forward-looking statements contained herein are provided as of the date hereof, and the Company does not intend, and does not assume any obligation, to update the forward-looking statements except as otherwise required by applicable law.