Tevano Systems Holdings Inc. (the ‘company') announced that the Company and Caza LLC have mutually terminated their previously announced Software Development Agreement ("Agreement") pursuant to which Tevano retained Caza to provide software development and related services in advancing the Company's Illuria security software solution. Under the terms of the termination agreement dated September 16, 2022 between the parties Tevano has transferred all of its interest in the Illuria security software to Caza, and Caza has assumed certain related debt and cancelled all obligations of the Company under the Agreement. Mr. Chris Kiloyan, the President of Caza, has resigned as a director of the company.

Mr. Slawek Wesierski has resigned and Chief Technical Officer of Tevano.