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Nubeva Technologies Ltd
Symbol NBVA
Shares Issued 56,092,438
Close 2020-05-21 C$ 0.085
Recent Sedar Documents

Nubeva receives U.S. patent for cloud security services

2020-05-21 07:59 ET - News Release

Mr. Steve Perkins reports

NUBEVA RECEIVES PATENT FOR CLOUD-BASED SECURITY SERVICES

Nubeva Technologies Ltd. has received a U.S. patent (patent No. 10,530,815 B2) for seamless service updates for cloud-based security services. The patent acknowledges Nubeva's innovation in techniques for "providing flexible and extensible enterprise security systems and enabling scalable cloud-based security services."

"We are perfecting the ability to learn and extract final encryption secrets from client and server memory in real time -- reliably, securely, at scale -- with no changes to software on the systems," said Randy Chou, chief executive officer at Nubeva. "This capability opens blind spots and improves the way enterprises and security system providers decrypt their traffic in order to scan and inspect for viruses, malware, ransomware and more advanced threats. We are pleased to receive this important patent as it further confirms our vision and innovation."

Both Mr. Chou and Nubeva chief technology officer Greig Bannister are named inventors of the patent, which was initially filed in December, 2017. This is the third U.S. patent awarded to Nubeva since the company began developing new solutions to more easily see into network traffic.

About Nubeva Technologies Ltd.

Nubeva Technologies develops software-as-a-service (SaaS) solutions that enable enterprises to obtain visibility of encrypted cloud traffic.

We seek Safe Harbor.

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