Nubeva Closes Software Licensing Agreement with Megazone Cloud

Nubeva’s SKI Network Decryption Technologies to empower Megazone to Produce Subsequent-Technology Safety Monitoring Support for Cloud and Datacenter Computing

San Jose, California, March 24, 2021 (World NEWSWIRE) — SAN JOSE, Calif., March 23, 2021 – Nubeva Systems Ltd. (TSX-V: NBVA), a developer of decryption application that broadens community targeted traffic stability and visibility, today announced a software program license settlement with Megazone Cloud, a foremost cloud-managed services company (MSP) primarily based in Asia. This settlement will allow Megazone to grow their Community Security solution suite to reply the TLS visibility challenge in modern day cloud and on-prem networks with simplified, high effectiveness, lessen price tag decryption.

“We are thrilled to be operating with a industry chief and visionary like Megazone Cloud,” stated Steve Perkins, Nubeva’s Main Advertising and marketing Officer. “The application of our TLS visibility item, to their previously leading cloud products and services suite, will carry again visibility and manage to their protection operations crew. This partnership more validates our technological know-how and opens up the Asia Pacific theater for us with a excellent spouse in Megazone.”.”

The vast majority of network website traffic now is encrypted with the TLS encryption protocol. Nubeva’s breakthrough know-how discovers and extracts particular person session strategies from TLS servers and TLS customers in the course of their communications. Then, helps make the session-distinct keys out there to authorized enterprise tools and systems for faster and easier decryption of community website traffic. Nubeva allows critical complete packet inspection of the information relocating all over networks.

“As microservice architectures and containers are becoming the de facto in the internet products and services, Nubeva brings in the ‘’Key’ technological innovation to the industry,” said Max Lee, CEO & Founder of Megazone. “Up till now, it was quite costly and inefficient to watch and command encrypted community targeted visitors. With aid from Nubeva’s technology, we can carry back again the visibility and command to our clients and prospective customers with a bare minimum integration effort and hard work and devoid of changing the architecture of the existing surroundings.”


About Nubeva Systems Ltd.

Nubeva Technologies Ltd. Nubeva develops and licenses proprietary computer software for the decryption of community website traffic. Nubeva’s next-generation SKI (Session Key Intercept) know-how represents a better, more quickly, less difficult, and decrease-cost choice to legacy decryption. Our solution supplies a full selection for makers, integrators, and managed products and services providers of cybersecurity and application assurance solutions. Today, virtually all community targeted traffic takes advantage of TLS (previously SSL) for security and privateness. Nonetheless, enterprises nevertheless ought to see the info-in-motion to detect and answer to cybersecurity threats and application performance concerns. With continual evolution in TLS protocols and the developments in application, community, and computing architectures, gaps proceed to develop in the legacy decryption techniques. Nubeva’s SKI technological know-how represents the up coming-generation alternative for the sector relocating ahead. Stop by for additional facts.

About Megazone:

Megazone Cloud is a single of the biggest cloud-managed assistance suppliers (MSP) in the Asia Pacific location. Due to the fact its foundation in 1998, the organization has offered company-to-enterprise IT providers and at present boasts around 1,300 gurus. Megazone Cloud is Korea’s initial AWS Premier Consulting Husband or wife is major the progress of the cloud industry in the APAC area. Not too long ago, the company has been actively growing its international market place by developing overseas subsidiaries in the United States, Japan, China, and some others. Megazone noted revenues of roughly $372 million in cloud transformation and functions administration in 2019, with profits of up to around $478 million in 2020. Megazone’s client providers vary from major organizations this kind of as Samsung Electronics Co. and LG Electronics Inc. to money institutes and commence-ups.

Forward-Wanting Statements

This information release includes “forward-searching information” inside of the this means of applicable securities rules relating to the Company’s enterprise designs and the outlook of the cybersecurity marketplace. Whilst the Company believes in light of the practical experience of its officers and directors, present problems and envisioned upcoming developments, and other factors that have been considered appropriate that the anticipations mirrored in this forward-on the lookout details are affordable, undue reliance must not be put on them for the reason that the Firm can give no assurance that they will establish to be right. True benefits and developments may vary materially from individuals contemplated by these statements. The statements in this press launch are made as of the day of this release and the Enterprise assumes no obligation to update them or revise them to replicate new functions or circumstances other than as expected by relevant securities laws. The Firm undertakes no obligation to comment on analyses, anticipations or statements produced by third-functions in respect of the Company, its subsidiaries, their securities, or their respective monetary or running outcomes (as applicable).

Neither the TSX Undertaking Trade nor its Regulation Solutions Service provider (as that term is described in the procedures of the TSX Undertaking Exchange) take duty for the adequacy or accuracy of this release.

For more info, be sure to get in touch with: Mary Korus [email protected] – Director of Internet marketing 7146795180

Get in touch with: Mary Korus Nubeva Systems 7146795180 [email protected]