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Nubeva Issues Officer Stock Options

V.NBVA

(via TheNewswire)



San Jose, Calif. / TheNewswire / April 17, 2019 - Nubeva Technologies Ltd. (TSX-V: NBVA, OTC: NBVAF), a cloud visibility SaaS software developer for enterprises with public cloud assets, today announced that the Company has granted 550,200 incentive stock options to an officer of the Company.

The options, which represent 1% of the Company's issued and outstanding common shares, vest monthly over 48 months and have an exercise price of CAD $0.27 per share. The total options outstanding are now 4,906,538 representing 8.9% of the Company's issued and outstanding common shares, which at the date of this release are 55,019,173.

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.

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. Marcel Valentin, Investor Relations

Steve Perkins, Chief Marketing Officer or Marcel@SophicCapital.com

1-(844)538-4638 1-(647)697-0498

Copyright (c) 2019 TheNewswire - All rights reserved.