Optium Cyber Systems to Acquire Houston Based Security Firm
22 August 2018 - 10:31PM
InvestorsHub NewsWire
The Woodlands, TX -- August 22, 2018 -- InvestorsHub NewsWire --
Optium Cyber Systems, Inc. (OCSI) (OTC:OCSY) is pleased to announce
that it has entered into final negotiations to acquire a security
and protection firm based in Houston, Texas. The transaction is
expected to close on September 30, 2018 with an acquisition date of
October 1, 2018. The target acquisition will be established as a
wholly owned subsidiary of OCSI. It currently operates, as an
independent privately owned full-service security and protection
company with affiliations worldwide. It has been in operations in
excess of 8 years with an established and growing client base,
recurring revenues and steady cash flow. Clients include:
commercial buildings, residential gated communities, retail stores
and restaurants, financial institutions, public events and
concerts, church and centers of worship, and a number of port
facilities including: the Port of Houston, Port of Galveston,
Bakers Landing Port and the Port of New Orleans. Services offered
include: on-site security, patrols, armed security, security
training and consulting, maritime escort and security, and armored
bullion transport.
“This is a great opportunity for OCSI,” commented George
Rutherford, President of Optium Cyber Systems. “This acquisition
will not only increase our revenue, cash flow and bottom line but
provide a built-in vertical market for our cyber security services
and recently announced bullion trading contract,” continued Mr.
Rutherford.
About Optium Cyber Systems, Inc.
OCSI has developed a proprietary process to analyze, identify
and address cyber security vulnerabilities in an organization’s
critical IT infrastructure, which is scalable to any size
organization in any industry. OCSI has recently launched in
the health care sector, focusing on protecting health care
facilities including hospitals, nursing homes and doctor’s offices
from cyberthreats such as the manipulation of medical devices or
theft of patient records. OCSI is a publicly traded company
having its common shares quoted on the OTC Markets under the symbol
"OCSY".
Contact
Investor Relations
Ten Associates LLC
11529 N. 120th St.
Scottsdale, Arizona
85259 USA
Telephone: 480-326-8577
Thomas E. Nelson
Email: tenassociates33@gmail.com
Optium Cyber Systems, Inc.
8350 Ashlane Way, Suite 104
The Woodlands, Texas
77382 USA
Telephone: 936-559-7407
Web: www.optiumcyber.com
Email: info@optiumcyber.com
Twitter: https://twitter.com/OCSI4INVESTOR
Facebook: https://www.facebook.com/OCSI4INVESTOR
Forward-Looking Statements
Except for the historical information contained herein, the
matters discussed in this press release are forward-looking
statements. Actual results may differ materially from those
described in forward-looking statements and are subject to risks
and uncertainties. See Optium Cyber Systems, Inc.'s filings with
OTC Markets, which may identify specific factors that may cause
actual results or events to differ materially from those described
in the forward-looking statements.
Safe Harbor Statement
This release includes forward-looking statements, which are
based on certain assumptions and reflects management's current
expectations. These forward-looking statements are subject to a
number of risks and uncertainties that could cause actual results
or events to differ materially from current expectations. Some of
these factors include: general global economic conditions; general
industry and market conditions, sector changes and growth rates;
uncertainty as to whether our strategies and business plans will
yield the expected benefits; increasing competition; availability
and cost of capital; the ability to identify and develop and
achieve commercial success; the level of expenditures necessary to
maintain and improve the quality of services; changes in the
economy; changes in laws and regulations, including codes and
standards, intellectual property rights, and tax matters; or other
matters not anticipated; our ability to secure and maintain
strategic relationships and distribution agreements. The Company
disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
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