Category: Uncategorized
May 27, 2002

News Release: Wins $1.3 Million Security Contract

NUVO NETWORK MANAGEMENT INC ("NNM-V") - Wins $1.3 Million Security Contract
Nuvo Network Management Inc., a leading Management Service Provider (MSP), announced that it has been awarded a $1.3 million, three-year contract to provide managed security services to a Canadian federal government agency. Under the terms of the contract, Nuvo will deliver a comprehensive suite of remote security management services from its Network Operations Center (NOC) in Ottawa, Canada. These services will provide 24/7 enforcement of the customer's network security policy by combining firewall management, host and network intrusion detection (IDS) and anti-virus management under the commitments of a single Service Level Agreement (SLA). An important element of the solution is the provisioning of data correlation and forensic analysis across various industry-leading security technologies.

"Recently, IT security has become a huge corporate issue and, as expected, we are seeing increased demand for integrated security service offerings," said Kevin Vachon, Nuvo Chairman and CEO. "This contract award is a firm acknowledgement of the depth and quality of Nuvo's security management offering and our proven ability to meet the requirements of the most demanding SLAs. We believe that security management services will be a significant contributor to our revenue growth strategy for the remainder of this year and into 2003," said Mr. Vachon.

Nuvo's rNMX 6000 series of security management services was first announced in October 2001 and forms the platform for the service delivery capabilities required to fulfill this contract. rNMX 6000 leverages Nuvo's six years of network management expertise, including the Company's ISO 9002 registered Network Operations Center.

About Nuvo

Nuvo Network Management is a leading Management Service Provider (MSP) that develops and delivers web-enabled remote network management services to address the increasing complexities of e-business networks. Nuvo's remote services and solutions are designed to meet the sophisticated infrastructure and security requirements of converging data and voice networks, Internet VPNs and traditional LAN/WAN networks. Through both a subscription-based service model and licensed solutions, Nuvo has established a global reputation for its expertise in maximizing the network performance of Fortune 1000 corporations and governments. TEL: (613) 726-5012 Raymond Kindiak, CFO & EVP, Corporate

Development, Nuvo E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it. WEBSITE: www.nuvo.com

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