Nubeva Joins Cloud Security Alliance

A Cloud-Native SaaS Provider, Nubeva Shares Commitment to the Future of Cloud Security with Cloud Packet Brokering Technology

 SAN JOSE, Calif., April 11, 2019 – Nubeva Technologies Ltd. (TSX-V: NBVA, OTC: NBVAF), a cloud visibility SaaS software developer for enterprises with public cloud assets, today announced it has joined the Cloud Security Alliance (CSA),  a not-for-profit organization with a mission to promote the use of best practices for providing security assurance within Cloud Computing, and to provide education on the uses of Cloud Computing to help secure all other forms of computing.

Nubeva, founded in 2016, launched its cloud technology solution, Nubeva Prisms, in 2018. The SaaS-based technology serves as a next-gen cloud agent that rests on cloud workloads to broker, process and orchestrate packets resulting in greater visibility into any public cloud platform. Processed packet streams are optimized by Nubeva Prisms and sent to cloud security and monitoring tools so IT teams can ensure network performance, and detect and respond to potential security threats.

“Security of cloud resources is a priority for every enterprise IT group,” said Steve Perkins, chief marketing officer at Nubeva. “As spending on public cloud services continues to excel, CISOs and their SecOps teams require assurance that the resources they migrate to the cloud are secure. Packet-level monitoring is the best technique to apply and Nubeva makes it easy and cost-effective to capture cloud packets.”

As a member of CSA, Nubeva technology experts will contribute to the organization’s mission – to promote the use of best practices designed to provide security assurance in the cloud. The company will participate in CSA-driven research, serve on CSA working groups and collaborate with the more than 90,000 CSA members to further cloud computing technology and use.

“We’re pleased to have Nubeva join CSA as a Corporate Member,” said Jim Reavis, co-founder and CEO of CSA. “Nubeva’s technology to ensure insight into and management of cloud packets is both innovative and practical given the extreme growth of public cloud platform providers like AWS, Azure and Google. We look forward to Nubeva’s unique contributions to the Alliance.”

About the Cloud Security Alliance
The Cloud Security Alliance (CSA) is the world’s leading organization dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment. CSA harnesses the subject matter expertise of industry practitioners, associations, governments, and its corporate and individual members to offer cloud security-specific research, education, certification, events and products. CSA’s activities, knowledge and extensive network benefit the entire community impacted by cloud — from providers and customers, to governments, entrepreneurs and the assurance industry — and provide a forum through which diverse parties can work together to create and maintain a trusted cloud ecosystem.  CSA has developed the definitive best practices for the industry, such as the “Security Guidance for Critical Areas of Focus in Cloud Computing”, the “Cloud Controls Matrix”, “Top Threats to Cloud Computing” and 50 other cloud security research artifacts. For further information, visit us at www.cloudsecurityalliance.org.

About Nubeva Technologies Ltd. 

Nubeva Technologies Ltd. develops Software-as-a-Service ("SaaS") software and services that enable enterprises to run best-of-breed visibility in public cloud environments. Nubeva Prisms provides enhanced visibility and control over network traffic and simplified automation and operation that is essential to run top-tier security technologies and services in the cloud easily and at low cost. With Nubeva, organizations can leverage existing policies, technologies and operations and accelerate their move to the cloud with confidence. 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) accepts responsibility for the adequacy or accuracy of this release. 

For additional information, please contact: 

Nubeva Technologies Ltd. , Steve Perkins, Chief Marketing Officer, 1-(844)538-4638                                     

or

Marcel Valentin, Investor Relations, Marcel@SophicCapital.com, 1-(647)697-0498