Nubeva Focusing solely on AI-Driven Ransomware Reversal Post-TLS Asset Sale Agreement

SAN JOSE, Calif., March 04, 2024 (GLOBE NEWSWIRE) -- Nubeva Technologies (TSX-V: NBVA), a cybersecurity company specializing in ransomware decryption and recovery, today outlined a strategic shift following the signing of a binding agreement for the sale of its TLS assets to a mid-sized U.S. based cyber security company, for 1 million dollars while continuing to profit from existing TLS deals. This move positions Nubeva to become cash flow positive in the calendar year 2024. The company is now dedicating its focus entirely on revolutionizing ransomware reversal, with a significant emphasis on leveraging Artificial Intelligence (AI) to enhance efficiency and support mechanisms.