TORONTO, May 24, 2022 (GLOBE NEWSWIRE) -- NowVertical Group Inc. (TSX-V: NOW) (“NOW” or the “Company”), a big data, analytics and vertical intelligence (“VI”) software and services company, today announces an upcoming webinar and panel to help guide and inform mid-stream oil and gas companies facing increased regulatory requirements.
NOW is hosting an open webinar at 1:00 pm ET onWednesday, May 25, to unpack the newest requirements and guide security and operations leaders in the energy and infrastructure industries. Mike Gross, NOW Solutions’ VP of State and Local Education, will be joined by a panel of industry experts as they review and discuss the cybersecurity directive and what it means for the industry.
“The regulatory landscape is constantly shifting and growing,” said Daren Trousdell, CEO of NOW. “We’re proud of our industry experts on the NOW Solutions team; they have the background and knowledge necessary to help customers stay ahead of the curve and avoid issues both now and in the future – no matter how these requirements continue to grow or expand down the line.”
Navigating the First-Ever Mandatory Cybersecurity Directive for Oil and Gas Pipelines
Wednesday, May 25
1:00pm ET
- Mike Gross, Vice President of State and Local Education, NowVertical Group
- Craig Meis, Oil & Gas Industry Expert, former Vice President at Tallgrass Energy
- Ben Stanford, Ph.D., Associate VP, Hazen and Sawyer
- Joe Blazon, Twin Eagle Solutions
Webinar Registration
Register here: https://bit.ly/NOW_TSA_Compliance_Webinar
A recording of the webinar and supporting materials will be made available on the company’s website and YouTube channels later in the week.
Security Directive for Critical Pipeline Owners and Operators
First announced in 2021, the Security Directive was established in response to cyber-attacks on the Colonial Pipeline, which caused temporary gasoline shortages across much of the East Coast. This new initiative requires critical pipeline owners and operators to audit, identify, and establish updated security protocols for their most at-risk pipeline functions and help mitigate the risk of future cyber or physical attacks. The first step involves owners and operators identifying critical infrastructure as part of their operations by the end of May. These companies will then be required to complete their vulnerability assessments over the next two years, after which they can move to implement the necessary security protocol and processes.
About NowVertical Group Inc.
NOW is a big data, analytics and VI software and services company that is growing organically and through acquisition. NOW's VI solutions are organized by industry vertical and are built upon a foundational set of data technologies that fuse, secure, and mobilize data in a transformative and compliant way. The NOW product suite enables the creation of high-value VI solutions that are predictive in nature and drive automation specific to each high-value industry vertical. For more information about the Company, visit www.nowvertical.com.
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.
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For further information, please contact:
Daren Trousdell, Chief Executive Officer
e: daren@nowvertical.com
t: (212) 302-0868
or
Glen Nelson, Investor Relations
e: glen@nowvertical.com
t: (403) 763-9797
Forward‐Looking Statements
This news release may contain forward‐looking statements (within the meaning of applicable securities laws) which reflect the Company's current expectations regarding future events. Forward-looking statements are identified by words such as "believe", "anticipate", "project", "expect", "intend", "plan", "will", "may", "estimate" and other similar expressions. These statements are based on the Company's expectations, estimates, forecasts and projections and include, without limitation, statements regarding the future success of the Company's business.
The forward-looking statements in this news release are based on certain assumptions. The forward-looking statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Several factors could cause actual results to differ materially from the results discussed in the forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
