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Nubeva Technologies Ltd
Symbol NBVA
Shares Issued 56,790,705
Close 2021-05-06 C$ 1.34
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Nubeva appoints Grasso to advisory board

2021-05-06 12:44 ET - News Release

Ms. Juliet Jones reports

NUBEVA APPOINTS STEVEN GRASSO TO ITS ADVISORY BOARD

Nubeva Technologies Ltd. has appointed Steven Grasso to its advisory board.

Mr. Grasso began his career on the floor of the New York Stock Exchange in 1993. He has been an institutional sales trader for most of his career, working closely with some of the largest mutual funds, pension funds, insurance companies and hedge funds in the world directly from the floor of the stock exchange. Over his 27-year career, Mr. Grasso has actively participated in various stock exchange committees ranging from allocating new listings to designated market makers to developing standardized tests that the floor community uses for continuing education. Mr. Grasso closely follows the Washington D.C./markets connection, using his extensive Capitol Hill and Securities and Exchange Commission relationships to better inform his clients on policy changes and regulation.

Mr. Grasso is perhaps best known for being a CNBC market analyst and is a regular guest on CNBC's popular Fast Money show, which airs daily during the business week and has average daily viewership that currently exceeds 250,000. Mr. Grasso also speaks at many traders' conferences across the country on a regular basis, as well as business round tables with many influential leaders of industry where he addresses a broad range of market-related issues, including the effects of regulation and the political process on equities.

"We are pleased that Steve Gasso has agreed to join Nubeva's advisory board," said Nubeva chief executive officer Randy Chou. "We believe Steve's extensive capital markets experience will be of tremendous benefit to Nubeva as we continue to build our business. Steve has an ability to provide important introductions to investors, investment banks, analysts and other key investment industry participants. Steven also has an extensive network of connections with senior management of many of the largest telcom companies in the world, which will assist the company in achieving its commercial and business development objectives."

About Nubeva Technologies Ltd.

Nubeva develops and licenses proprietary software for the decryption of network traffic. Nubeva's next-generation SKI (session key intercept) technology represents a better, faster, easier and lower-cost alternative to legacy decryption. Its solution provides a complete option for manufacturers, integrators and managed services providers of cybersecurity and application assurance solutions. Today, nearly all network traffic uses transport layer security (formerly secure sockets layer) for security and privacy, yet enterprises still must see the data in motion to detect and respond to cybersecurity threats and application performance issues. With constant evolution in TLS protocols and the advancements in application, network and computing architectures, gaps continue to grow in the legacy decryption methods. Nubeva's SKI technology represents the next-generation solution for the industry moving forward.

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