Effective immediately, Rogers' appointment brings extensive
government and defense industry experience to enhance U.S. market
position
TEL
AVIV, Israel, March 20,
2023 /PRNewswire/ -- HUB Cyber Security Ltd (NASDAQ:
HUBC), a developer of Confidential Computing cybersecurity
solutions and services ("HUB" or the "Company"), today announced
that John C. Rogers has joined its
Advisory Board.
Rogers brings over 25 years of experience to Hub Security
operating at the intersection of technology, security, public
policy, and global challenges. He served as the Principal Deputy
Assistant and Deputy Assistant Secretary for legislative affairs at
the United States Department of Defense and led a billion-dollar
mobility company as CEO.
Rogers' unique insight and experience make him a valuable
addition to the Hub Security Advisory Board. As a former government
official with extensive knowledge of government relations, national
security, and defense contracts, as well as experience in
creatively applying diverse industry technologies to national
security solutions - Rogers will provide guidance and strategic
advice on HUB's next era of growth as confidential computing
increasingly gains momentum within the ever increasing
cybersecurity space - thanks to relentless digitization and
increasingly complex security challenges across companies and
borders globally.
"I am excited to join Hub Security's Advisory Board and work
with such an innovative and talented team on what is truly next
generation and also much needed technology," said Rogers. "I have
been surveying the cybersecurity landscape for years, and never
have I seen a more comprehensive, well thought out solution. I look
forward to leveraging my government and defense industry experience
to help Hub Security reach its potential in providing cutting-edge
cybersecurity solutions to its clients, and to finding new and
innovative ways to protect against evolving threats."
Uzi Moskowitz, retired general
and CEO of Hub Security, stated: "We are thrilled to have John join
our Advisory Board. His strategic vision and creative approach to
solving complex challenges will help us continue to innovate and
deliver the best possible cybersecurity solutions to our clients,
while increasing our reach into new and diverse verticals where
confidential computing is needed most."
Hub Security's Advisory Board is made up of experts in
cybersecurity, fintech, and global finance. With the addition of
Rogers, Hub Security will be well positioned to expand its
offerings and grow its global reach.
About HUB Cyber Security Ltd.
HUB Cyber Security Ltd ("HUB") was established in 2017 by
veterans of the 8200 and 81 elite intelligence units of the Israeli
Defense Forces. HUB specializes in unique Cyber Security solutions
protecting sensitive commercial and government information. HUB
debuted an advanced encrypted computing solution aimed at
preventing hostile intrusions at the hardware level while
introducing a novel set of data theft prevention solutions. HUB
operates in over 30 countries and provides innovative cybersecurity
computing appliances as well as a wide range of cybersecurity
services worldwide.
Forward-Looking Statements
This press release contains forward-looking statements for
purposes of the safe harbor provisions under the United States
Private Securities Litigation Reform Act of 1995, including
statements about the anticipated benefits of the transaction, and
the financial condition, results of operations, earnings outlook,
and prospects of the combined company. Forward-looking statements
are typically identified by words such as "plan," "believe,"
"expect," "anticipate," "intend," "outlook," "estimate," "future,"
"forecast," "project," "continue," "could," "may," "might,"
"possible," "potential," "predict," "seem," "should," "will,"
"would" and other similar words and expressions, but the absence of
these words does not mean that a statement is not
forward-looking.
The forward-looking statements are based on the current
expectations of the management of HUB, as applicable, and are
inherently subject to uncertainties and changes in circumstances
and their potential effects and speak only as of the date of such
statement. There can be no assurance that future developments will
be those that have been anticipated. These forward-looking
statements involve a number of risks, uncertainties, or other
assumptions that may cause actual results or performance to be
materially different from those expressed or implied by these
forward-looking statements. These risks and uncertainties include,
but are not limited to, those discussed and identified in public
filings made with the SEC by the HUB and the following: (i)
expectations regarding HUB's strategies and future financial
performance, including its future business plans or objectives,
prospective performance and opportunities and competitors,
revenues, products and services, pricing, operating expenses,
market trends, liquidity, cash flows and uses of cash, capital
expenditures, and HUB's ability to invest in growth initiatives and
pursue acquisition opportunities; (ii) the outcome of any legal
proceedings that may be instituted against HUB; (iii) the ability
of HUB to meet stock exchange continued listing standards; (iv) the
ability of HUB to grow and manage growth profitably, maintain
relationships with customers and suppliers and retain its
management and key employees; (v) limited liquidity and trading of
HUB's securities; (vii) geopolitical risk, including military
action and related sanctions, and changes in applicable laws or
regulations; (viii) the possibility that HUB may be adversely
affected by other economic, business, and/or competitive factors;
(x) inaccuracies for any reason in the estimates of expenses and
profitability and projected financial information for HUB; and (xi)
other risks and uncertainties set forth in the section entitled
"Risk Factors" and "Cautionary Note Regarding Forward-Looking
Statements" in HUB's final proxy statement/prospectus filed on
December 5, 2022.
Should one or more of these risks or uncertainties materialize
or should any of the assumptions made by the management of HUB
prove incorrect, actual results may vary in material respects from
those expressed or implied in these forward-looking statements.
All subsequent written and oral forward-looking statements
concerning the business combination or other matters addressed in
this press release and attributable to HUB or any person acting on
their behalf are expressly qualified in their entirety by the
cautionary statements contained or referred to in the press
release. Except to the extent required by applicable law or
regulation, HUB undertakes no obligation to update these
forward-looking statements to reflect events or circumstances after
the date of this press release to reflect the occurrence of
unanticipated events.
Contact Details
Hub Cyber Security
hubpr@hubsecurity.io
Company Website
https://hubsecurity.com/
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SOURCE HUB Security