“In less than one year, we have released our breakthrough ransomware reversal technology, built a robust pipeline, and are beginning to close significant deals, including a seven-figure contract at the end of the year. With that win, I expect we will be cashflow positive in our operations this year,” said
Nubeva’s patented Ransomware Reversal software captures ransomware encryption materials at the moment of attack, enabling victim organizations to decrypt ransomed files without paying the ransom. In addition, the software collects vital metadata on the attack to aid in incident response, significantly aiding triage, investigations, and threat removal.
“Ransomware continues to cripple organizations of all sizes.
About
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 reversal and retrieval abilities, Contact Us.
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 regarding the Company, its subsidiaries, their securities, or their respective financial or operating results (as applicable).
Neither the
![](https://ml.globenewswire.com/media/N2ZmNTFhZjAtNzQ4Zi00NTJjLTgzMTAtNjY5MGFkMDVkYzc3LTEyMjAxMDE=/tiny/Nubeva-Technologies.png)
For additional information or to schedule interviews, contact:Steve Perkins Chief Marketing Officer,Nubeva sperkins@nubeva.com (714) 261-9948
2023 GlobeNewswire, Inc., source