TEL AVIV, Israel and NEW YORK, Sept. 11, 2025 (GLOBE NEWSWIRE) -- HUB Cyber Security Ltd. (NASDAQ:HUBC) ("HUB" or the "Company"), a global leader in AI-powered secured data fabric and zero-trust cybersecurity, today announced the appointment of Romke E. de Haan III as its Head of Cybersecurity Strategy and Innovation Division. Based out of HUB's U.S. headquarters, Mr. de Haan will play a pivotal role in advancing the Company's anticipated expansion across North America.

Mr. de Haan brings decades of expertise in cyber defense, digital risk management and compliance automation across the financial sector, governmental, and multinational enterprises. His appointment reflects HUB's emergence as a new category of cybersecurity company; one that does more than defend: actively governing data, compliance, and digital infrastructure at scale.

"HUB is not just another cybersecurity vendor. We are building the global operating system for secured and compliant data," said Noah Hershcoviz, CEO of HUB. "Romke's appointment, anchored at our U.S. headquarters, is a significant milestone in that journey. His experience with enterprise-scale resilience and regulated infrastructure will strengthen our ability to deliver what no other platform can: an AI-native, quantum-resilient Secured Data Fabric that unifies identity, compliance, digital assets, and governance in one single control layer. Just as Palantir reshaped defense and intelligence, HUB is seeking to redefine compliance and financial trust."

Mr. de Haan will lead HUB's cybersecurity innovation agenda, driving the integration of AI-supervised threat detection, post-quantum cryptography, and perpetual KYC (pKYC) into the Company's Enterprise Intelligence Grid. From his base at HUB's U.S. headquarters, he will play a central role in creating and strengthening partnerships with American financial institutions, regulators, and enterprises, seeking to establish HUB's role as the trusted backbone for banks, digital asset platforms, and governments navigating an era of AI, decentralization, and regulatory fragmentation.

"Joining HUB is about more than building defenses; it's about shaping the trust rails for the digital economy," said Romke E. de Haan III. "HUB is leading the charge for compliance, financial crime prevention and secured digital infrastructure. I look forward to building this future alongside a team that seeks to redefine the meaning of enterprise cybersecurity."

About HUB Cyber Security Ltd.

HUB Cyber Security Ltd. (NASDAQ:HUBC) is a global provider of cybersecurity, compliance, and secured data fabric solutions, serving Fortune 100 enterprises, top financial institutions, and government agencies. HUB's platform unifies AI-driven identity, compliance automation, digital asset security, and governance into a single Enterprise Intelligence Grid. With headquarters in Tel Aviv and offices across North America and Europe, HUB empowers organizations to operate securely in an era of AI, decentralized finance, and post-quantum challenges.

For more information, visit: www.hub-technologies.com

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. 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 HUB and the following: (i) significant uncertainty regarding the adequacy of HUB's liquidity and capital resources and its ability to repay its obligations as they become due; (ii) the war between Israel and Hamas commenced in October 2023, which may harm Israel's economy and HUB's business; (iii) 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; (iv) the outcome of any legal or regulatory proceedings against HUB in connection with our previously announced internal investigation or otherwise; (v) the ability to meet stock exchange continued listing standards and remain listed on the Nasdaq; (vi) competition, the ability of HUB to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (vii) limited liquidity and trading of HUB's securities; (viii) geopolitical risk, including military action and related sanctions, and changes in applicable laws or regulations; (ix) the possibility that HUB may be adversely affected by other economic, business, and/or competitive factors; and (x) other risks and uncertainties set forth in the sections entitled "Risk Factors" and "Cautionary Statement Regarding Forward-Looking Statements" in HUB's Annual Report on Form 20-F filed on May 1, 2025.

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 its 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.

Investor Relations

Lytham Partners

Ben Shamsian

646-829-9701

shamsian@lythampartners.com

HUB Cyber Security Ltd. Appoints Romke E. de Haan III as Head of its Cybersecurity Strategy & Innovation Division