Nubeva Releases Global Developers License Program for Comprehensive Network Decryption

New Offering Lowers Entry Barriers to Accelerate Market Adoption of the Company’s Breakthrough Network Decryption Technology

SAN JOSE, Calif., May 25, 2021 – Nubeva Technologies Ltd. (TSX-V: NBVA, OTC: NBVAF), a developer of B2B decryption software that broadens network traffic security and visibility, today announces the general availability of a comprehensive developer license program for Nubeva’s patented Session Key Intercept (SKI) technology. 

The for-fee program provides developer-level access to Nubeva’s state-of-the-art technology. This program allows cybersecurity and application assurance companies the ability to execute seamless proof of concepts and external demos of SKI’s decryption capability to their customer base before deeper OEM implementations. Program delivery model is customer-driven, requires no change to Nubeva’s support model, and is validated as an easy on-ramp for SKI adoption. 

“Our OEM prospects need to answer their growing product gaps as TLS 1.3 continues to disrupt deep packet inspection services”, say’s Steve Perkins, Head of Product at Nubeva.  “Accelerating our customers through evaluation and proof of concept of our technology, without time-consuming development cycles and costly implementation, is a win-win for our customers and Nubeva.” 

This new offering enables Nubeva to meet the growing market demand, accelerate adoption, shorten sales cycles and receive valuable product and feature feedback. The core software is provided, with some IP protections and limitations, while affording customers full functionality for evaluation and initial development. 

“We know the importance of business and technical validation before strategic product investments are made,” said Perkins. “While we are not always allowed to announce deal specifics, we created this offering based on customer requests. The program provides the ability to show what is truly possible, and allows our customers to build an early sales pipeline prior to formal implementations, leading to accelerated acceptance of Nubeva’s tech/market adoption.” 

The developer program is available now globally.  If interested in learning more, contact us at www.nubeva.com/contact. 

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About Nubeva Technologies Ltd. 

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. Our solution provides a complete option for manufacturers, integrators, and managed services providers of cybersecurity and application assurance solutions. Today, nearly all network traffic uses TLS (formerly SSL) 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. Visit nubeva.com for more information.

Forward-Looking Statements 

This news release contains "forward-looking information" within the meaning of applicable securities laws relating to the Company's business plans and the outlook of the cybersecurity industry. 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 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.  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 in respect of 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) accept responsibility for the adequacy or accuracy of this release. 

For additional information, please contact: 

Mary Korus
mkorus@nubeva.com -  Director of Marketing

7146795180

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