Optium Cyber Systems to Acquire Houston Based Security Firm

THE WOODLANDS, TEXAS, Aug. 22, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- 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".


Investor Relations

Ten Associates LLC

11529 N. 120th St.

Scottsdale, Arizona

85259 USA

Telephone: 480-326-8577

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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