HUB Security Wins NIS 4.2 mn Tender from Israeli Department of Defense

Provides a business update on deployments and progress of its upcoming listing on NASDAQ

HUB Cyber Security (Israel) Limited (TASE: HUB), a developer of Confidential Computing cybersecurity solutions and services (“HUB” or the “Company“), is updating its shareholders today on the following progress:

1. Progressing as planned following the recent F-4 registration statement  submission to the SEC, with an anticipated listing before year-end 2022.
2. A tender contract was won with the Israeli Department of Defense for the provisioning of NIS 4.2 million worth of HUB’s products and services over the next 3 years.
3. Receipt of first orders to deploy HUB’s Confidential Computing solutions for a Swiss corporation in the total expected amount of USD 18 million over 3 years (in context with TASE report Ref#: 2022-01-061507).