Nubeva Announces Closure of 1.7 Million Dollar Contract
07 Juni 2023 - 2:52PM
Nubeva Technologies (TSX-V: NBVA, OTCQB: NBVAF), a leading provider
of ransomware protection solutions, is pleased to announce the
successful closure of a three-year contract valued at over 1.7
Million dollars CAD on June 5, 2023. The customer, who wishes to
remain anonymous for strategy and security reasons, is a leading
global technology company that serves over 40 of the top 50
Fortune® Global 500.
"We are thrilled to close another seven-figure deal," said Steve
Perkins, CMO at Nubeva. "This agreement highlights the confidence
in our technologies and Nubeva’s ability to deliver on our
promises."
The closure of this significant agreement showcases Nubeva's
continued success in securing substantial contracts and reflects
its dedication to providing cutting-edge solutions that address
critical challenges facing all organizations. Nubeva will be able
to fulfill the requirements of this deal using existing resources,
further exemplifying its operational efficiency and scalability
through its adoption of artificial intelligence (AI).
"With our high gross margins, we are well-positioned to meet the
needs of our customers while driving sustained growth and
innovation," added Perkins. "Our focus remains on empowering
organizations to effectively combat the ransomware threat facing
businesses today."
Contact Nubeva to learn more about Nubeva’s Ransomware Reversal
Solution.
About Nubeva Technologies
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. For a private
briefing on Nubeva’s ransomware decryption solutions, contact
us.
Forward-looking statements
This news release contains “forward-looking information” and
“financial outlook” within the meaning of applicable securities
laws relating to the company's business plans, the outlook of the
cybersecurity industry and the expectation that the company will be
cash flow positive for calendar 2023. Although the company believes
in light of the experience of its officers and directors, current
conditions and expected future developments, and other factors that
have been considered appropriate that the expectations reflected in
this forward-looking information and financial outlook are
reasonable, undue reliance should not be placed on them because the
company can give no assurance that they will prove to be correct.
Actual results and developments may differ materially from those
contemplated by these statements for reasons relating to the
development and adoption of the company’s technology and its input
and capital cost requirements, among other factors. The statements
in this press release are made as of the date of this release, and
the company assumes no responsibility to update them or revise them
to reflect new events or circumstances other than as required by
applicable securities laws. The company undertakes no obligation to
comment on analyses, expectations, or statements made by third
parties regarding the company, its subsidiaries, their securities,
or their respective financial or operating results (as
applicable).
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 additional information or to schedule interviews,
contact:
Steve PerkinsChief Marketing Officer, NubevaSperkins@nubeva.com
(714) 261-9948
Nubeva Technologies (TSXV:NBVA)
Historical Stock Chart
Von Apr 2024 bis Mai 2024
Nubeva Technologies (TSXV:NBVA)
Historical Stock Chart
Von Mai 2023 bis Mai 2024