TORONTO, Ontario – August 21, 2023 /Globe Newswire/ – NowVertical Group Inc. (TSX-V: NOW) (OTCQB: NOWVF) (“NOW” or the “Company”), the vertical intelligence (VI) software and solutions company, will announce its 2023 second quarter financial results on Tuesday, August 29, 2023, after the market close, followed by a webinar at 9:30 AM EDT (6:30 AM PDT) on Wednesday, August 30, 2023 to discuss the Company’s financial and business results and outlook.

NOW invites shareholders, analysts, investors, media representatives, and other stakeholders to attend our upcoming earnings webinar, where Sasha Grujicic, Chief Executive Officer, Andre Garber, Chief Development Officer and Alim Virani, Chief Financial Officer will discuss Q2 2023 results, followed by a question-and-answer session.

In addition, the Company is pleased to announce that Company’s auditor has completed its quarterly review engagement with respect to the Company’s interim financial statements for the quarter ended March 31, 2023. No changes were required to be made to the financials that were previously filed.

 Investor Webinar Registration
Register here https://bit.ly/NOW-Q2-2023-Registration

 A recording of the webinar and supporting materials will be made available in the investor’s section of the company’s website at https://nowvertical.com/news-and-media

About NowVertical Group Inc.:

NowVertical Group is a Vertical Intelligence (VI) software and services provider that delivers vertically-specific data, technology, and artificial intelligence (AI) applications into private and public verticals globally. NOW’s proprietary solutions sit at the foundation of the modern enterprise by transforming AI investments into VI, enabling its customers to minimize their risk, accelerate the time to value, and reduce costs. NOW is rapidly growing organically and through targeted acquisitions. For more information about NOW, 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. 

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, the use of proceeds from the Offering and 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 (such risks include, among others, the failure to use the proceeds of the Offering as set forth herein). Several factors could cause results to differ materially from those discussed in the forward-looking statements. Therefore, readers should not rely 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 update or revise any forward-looking statement publicly, whether as a result of new information, future events or otherwise. 

For further information, please contact:

 Glen Nelson, Investor Relations

e: glen@nowvertical.com

t: (403) 763-9797

TORONTO, Ontario, August 8, 2023  NowVertical Group Inc. (TSXV: NOW) (OTCQB: NOWVF), a vertical intelligence (VI) software and solutions company, is pleased to announce that it has secured five new customers in the United Arab Emirates, expanding its position as a pioneer in delivering vertically specific data, technology, and artificial intelligence (AI) applications globally. The new customers encompass a number of core industries and include a prominent French cosmetics company, a renowned healthcare consulting firm, an international offshore drilling contractor, and an innovative new start-up.

“Adding new customers in new geographic locations is a key strategic move and a testament to our commitment to global expansion and innovation. Each new customer we work with represents an opportunity to transform industries, drive economic growth, and create a positive impact on a global scale.,” said Sasha Grujicic, CEO of NOW. “Our proprietary VI solutions are designed to transform AI investments into tangible value for our customers, enabling them to mitigate risks, accelerate their time to value, and optimize cost efficiencies. Together, we will revolutionize their market positioning and drive exceptional growth.”

Government Vertical Earnout:

In addition, NOW is pleased to announce that it has fulfilled its earn-out obligation for the Company’s financial year ended December 31, 2022, to the sellers and leadership of Allegient Defense, Inc. (“Allegient”), one of NOW’s business units servicing its public sector customers,  with the issuance of subordinate voting shares in the capital of the Company (the “Subordinate Voting Shares“).

The vendors and senior Allegient team will receive 694,945 Subordinate Voting Shares, subject to necessary corporate and regulatory approvals, including approval from the TSX Venture Exchange. The earnout is in connection with the previously announced acquisition of Allegient on December 21, 2021, and April 6, 2022. Earnout share terms are referenced in the   December 21, 2021 release.

“I am excited about the future of NowVertical and the tremendous opportunities ahead. Our partnership has been incredibly fruitful, and I am excited to be part of NowVertical’s team, supporting its continued growth and success”, said Angel Diaz, President of Allegient. “As a shareholder, I have full confidence in the company’s vision and capabilities, and I look forward to contributing to its ongoing achievements in the vertical intelligence sector.”

“This announcement is a testament to the outstanding success and dedication of the team at Allegient in surpassing revenue targets in 2022,” said Sasha Grujicic, CEO of NowVertical. “It showcases the remarkable growth of our government vertical over the past year and emphasizes our shared commitment to rewarding and fostering mutually beneficial partnerships.”

The Subordinate Voting Shares will be subject to a statutory hold period of four months plus a day from the date of issuance, in accordance with applicable securities legislation. Additionally, the Subordinate Voting Shares will be subject to a contractual lock-up for 12 months following the date of issuance.

About NowVertical Group Inc.

NowVertical Group is a Vertical Intelligence (VI) software and services provider that delivers vertically-specific data, technology, and artificial intelligence (AI) applications into private and public verticals globally. NOW’s proprietary solutions sit at the foundation of the modern enterprise by transforming AI investments into VI, enabling its customers to minimize their risk, accelerate the time to value, and reduce costs. NOW is rapidly growing organically and through targeted acquisitions. For more information about NOW, 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.

For further information, please contact:

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. A number of 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.

Princeton, NJ, July 27, 2023 – NowVertical Group Inc. (TSXV: NOW) (OTCQB: NOWVF) (“NOW” or the “Company“), the vertical intelligence (“VI”) software and solutions company, is excited to announce the launch of its SMART Pak analytics as a service offering in the United States. This expansion represents a significant milestone for NOW as it brings AI solutions to a wider range of industry and government customers.

NOW’s SMART Pak offering has already successfully deployed in the UK, serving clients such as  Poundland, The Range, Joblogic, Imperial War Museums, Patrizia, and Muller, among others. These organizations have experienced the benefits of comprehensive analytics as a service, overcoming resource shortages and leveraging data for decision-making and AI implementation. According to a recent report, the business analytics BPO services market is estimated to be valued at US$8 billion in 2023 and is expected to reach US$29 billion over the next ten years, advancing at a CAGR of 17.8%. By entrusting NOW with their reporting, analytics, and data engineering needs, NOW’s customers achieve streamlined processes and improved outcomes.

NOW’s SMART Paks provide a comprehensive solution to reducing barriers to AI value realization. By leveraging an offering tailored to its needs, Industry and Governments can overcome challenges related to hiring and retaining skilled professionals, data availability and quality, identifying appropriate business use cases, technical infrastructure, and legal and compliance concerns. NOW’s team handles data engineering and analytics and provides expertise in Power BI, Tableau, data science, artificial intelligence, machine learning, customer analytics, social media listening, and attribution modeling.

“We are excited to introduce our SMART Pak offering to the United States,” said Sasha Grujicic, CEO of NowVertical. “We recognize the obstacles organizations encounter in harnessing data for valuable insights. Through our analytics as a service model, businesses can unlock the full potential of their data without the burden of hiring and managing additional resources. We take pride in delivering a comprehensive suite of services that cater to our customers’ diverse analytics requirements, removing the barriers to achieving value in implementing artificial intelligence.”

The SMART Pak Plans provided by NOW enables organizations to immediately address resource shortages within their existing teams. Instead of managing individual contractors, customers can leverage a dedicated team’s expertise giving them access to a comprehensive suite of analytics services, alleviating the need to build in-house teams from scratch.  NOW Smart Pak Solutions will be administered in the US by NowVertical units Resonant Analytics and support by Smartlyics.

As organizations increasingly recognize the critical role of AI in their success, NOW is well-positioned to provide customized solutions to meet evolving needs. By leveraging the SMART Pak offering, organizations can focus on their core competencies while relying on NOW’s team of experts for their data engineering, data science, and analytics requirements.

For more information about NowVertical and its SMART Pak offering, please visit https://bit.ly/NOW-Smart-Paks 

About NowVertical Group Inc.

NowVertical Group is a Vertical Intelligence (VI) software and services provider that delivers vertically-specific data, technology, and artificial intelligence (AI) applications into private and public verticals globally. NOW’s proprietary solutions sit at the foundation of the modern enterprise by transforming AI investments into VI, enabling its customers to minimize their risk, accelerate the time to value, and reduce costs. NOW is rapidly growing organically and through targeted acquisitions. For more information about NOW, 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.

For further information, please contact:
Glen Nelson,
Investor Relations

e: glen@nowvertical.com
t: (403) 763-9797

Toronto – July 17, 2023 – NowVertical Group Inc. (TSX-V: NOW) (OTCQB: NOWVF) (“NOW” or the “Company”), the vertical intelligence (“VI”) software and solutions company, today announced a list of strategic revenue partners, accelerating the growth of NOW SnowGraph, its Snowflake Native App. Partners, including LiveRamp, FullContact, Hakkoda, and North Labs, improve NOW SnowGraph’s global ready reach beyond NOW’s current network in Europe, North America, and South America. Through this new partnership program, NOW has expanded its sales and marketing channels to include some of the most respected names in the data and analytics software and technology space while gaining meaningful exposure beyond its base of 250 customers.

NOW SnowGraph reveals rich insights using embedded graph analytics on top of a Snowflake warehouse. It brings the power and utility of graph analytics to multiple industry verticals, including manufacturing, advertising, retail & CPG, media and entertainment, and healthcare. NOW SnowGraph provides customers with a variety of pre-configured models that all address essential use cases, making a secure, privacy-safe adoption simple.

By accessing NOW SnowGraph, customers can analyze billions of variable combinations in a single query to surface what matters in seconds, including market basket analysis and next-best actions, propensity and lookalike modeling, audience cluster discovery, and segment overlaps. It enables customers to get more from their first-party data while collaborating with partners in a privacy-safe way.

“Since our relaunch on the SnowFlake marketplace last month, we have seen an incredible uptick in interest from organizations looking to add SnowGraph’s functionality to their SnowFlake tech stack,” said Sasha Grujicic, CEO of NOW. “Through our partnership agreements, we see this trend expanding as more customers learn about the power of SnowGraph to generate automated customer clusters for optimized activations, expand audience acquisition and retention campaigns with affinity-based lookalikes, and power recommendation engines with propensity, next-best-action modeling.”

We are incredibly excited that FullContact has been selected by NOW’s SnowGraph as their privacy-safe Identity Resolution partner.  It’s an honor for FullContact, and our ability to connect online and offline first-party data through our Identity Graph, to be leveraged to enhance the effectiveness of both modeling and analytics. I love that this partnership leverages the power of our new unique Snowflake Native capabilities. It’s a huge comfort to our joint clients that they have the assurance that their customer data will never leave the Snowflake environment.” says Chris Harrison, CEO of FullContact.

For more information about our partnership programs or to learn more about how NOW SnowGraph can graphically power insights for you, contact Robert Simon at:

robert.simon@nowvertical.com

About NowVertical Group Inc.:

NOW is a VI software and solutions company that enables AI for industry and government. 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 defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

Related links:

https://www.nowvertical.com

For further information, please contact:

To find out more:

Glen Nelson, Investor Relations
e: glen@nowvertical.com
t: (403) 763-9797

TORONTO, June 27, 2023 – NowVertical Group Inc. (TSX-V: NOW) (OTCQB: NOWVF) (the “Company”), the vertical intelligence (VI) software and solutions company, is pleased to announce the launch of a new program in partnership with Microsoft to provide early integration to Azure OpenAI’s capabilities through NOW’s SMART HUB. Integrating NOW’s secure language-based, compute platform immediately enables businesses to extract valuable insights and derive meaning from unstructured textual data across highly customized use cases securely without needing external data transfers.

AI integration via SMART HUB integrates Azure OpenAI’s models into NOW’s existing data and compute environment. This exciting new pilot builds on NOW’s well-established relationship with Microsoft and will allow customers to take advantage of the powerful GPT-4 model formulated by OpenAI.

“We’re delighted to announce this opportunity to our customers,” says NOW CEO Sasha Grujicic. “Access to Azure OpenAI’s powerful large-language model through our SMART HUB platform will allow our customers to gain a comprehensive understanding of their data while adding the capabilities of one of the most formidable generative AI models built. Not only is it a game changer in many respects, but it also meets a very high bar set by our customers to provide industry-tailored solutions securely on a customer data-ready platform.”

Azure OpenAI is not publicly available and is granted to enterprise partners, like NOW, and its customers at Microsoft’s discretion. This gives NOW an early mover opportunity to offer customers one of the most advanced generative AI models as part of its SMART HUB solution. This program will be offered to a limited number of NOW customers and will be served on a priority basis.

 “We are proud to work with Microsoft on this project to leverage new AI capabilities. We believe this is a great way to ensure that our customers can realize their goals and objectives faster, more efficiently, and most importantly, in a secure way,” continued Mr. Grujicic.

About Azure OpenAI

Azure OpenAI Service provides REST API access to OpenAI’s powerful language models, including the GPT-3, Codex, and Embeddings model series. In addition, the new GPT-4 and ChatGPT (get-35-turbo) model series have now reached general availability.  Azure OpenAI is secure and client data ready, so customers can confidently utilize the GPT4 model on their business data without data being transferred externally.

About NOW’s SMART HUB

SMART HUB is NowVertical’s powerful, language-based tool that enables businesses to extract valuable insights and derive meaning from unstructured textual data. By employing various natural language processing (NLP) techniques, such as sentiment analysis, topic modeling, and named entity recognition, SMART Hub can analyze large volumes of text data and is powered by Microsoft Azure cognitive services.

About NowVertical Group Inc.

NowVertical Group is a Vertical Intelligence (VI) software and services provider that delivers vertically-specific data, technology, and artificial intelligence (AI) applications into private and public verticals globally. NOW’s proprietary solutions sit at the foundation of the modern enterprise by transforming AI investments into VI, enabling its customers to minimize their risk, accelerate the time to value, and reduce costs. NOW is rapidly growing organically and through targeted acquisitions. For more information about NOW, visit www.nowvertical.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

Related links:

https://www.nowvertical.com

For further information, please contact:

Glen Nelson, Investor Relations
e: glen@nowvertical.com
t: (403) 763-9797