Mr. Sandeep Mendiratta reports

NOWVERTICAL SECURES USD $1.2M AI-ACCELERATED DATA MODERNISATION MANDATE WITH A GLOBAL MEDIA AND TELECOMS GROUP

Nowvertical Group Inc. has signed one of its largest statement of work to date with the European division of a leading global media and telecoms group, a top 10 strategic account client for Nowvertical. Under the agreement, Nowvertical will lead a comprehensive data modernization program migrating the client's core reporting estate from a legacy on-premises platform to Google Cloud Platform (GCP).

The mandate is valued at approximately $1.2-million (U.S.) and is expected to be delivered substantially within fiscal 2026. With this contract, the cumulative lifetime revenue of the client relationship -- which commenced in Q4 2022 -- is expected to reach $10-million by end of 2026. It marks a significant milestone in Nowvertical's enterprise growth strategy and its deepening footprint in the European media and entertainment sector. The engagement and the broader client relationship have been delivered in line with the company's gross margin expectations.

The engagement covers the migration of several hundred business-critical reporting views across customer, finance, billing and supply-chain domains onto a unified, cloud-native GCP foundation that supports the client's downstream analytics, AI (artificial intelligence) and operational reporting.

The mandate was awarded following two successful discovery phases in which Nowvertical demonstrated the productivity advantage of its Now Unlock AI delivery framework. By using proprietary AI agents to analyse legacy code, schemas and lineage, the discovery work delivered an estimated 90-per-cent reduction in analysis time against a conventional manual-migration approach -- compressing thousands of hours of analyst effort into a fraction of the time and positioning the client to accelerate its broader analytics and AI road map on Google Cloud.

"Enterprise data modernization projects have traditionally involved significant time and cost associated with analysis and planning. NowUnlock is designed to accelerate project timelines and improve economics for enterprise clients. This engagement reflects our view that AI-assisted delivery can change how enterprises approach modernization, and that Nowvertical is building the capability to support clients at scale," said Sandeep Mendiratta, chief executive officer of Nowvertical.

About Nowvertical Group Inc.

Nowvertical is a global data and analytics company which helps clients transform data into tangible business value with AI, fast. Offering a comprehensive suite of solutions and services, the company enables clients to quickly harness the full potential of their data, driving measurable outcomes and accelerating potential return on investment. Enterprises optimize decision-making, improve operational efficiency, and unlock long-term value from their data using the company's AI-infused first party and third party technologies. The company's scalable AI-infused delivery model enables the business to efficiently deliver data, analytics, and AI solutions and services across industries and geographies.

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