MCLEAN, Va., Feb. 26, 2026 (GLOBE NEWSWIRE) -- Cycurion, Inc. (Nasdaq: CYCU) (“Cycurion” or the “Company”), a trusted leader in IT cybersecurity solutions, today adjourned its special meeting of stockholders (the “Special Meeting”) until Thursday, March 19, 2026 at 12:00 p.m. Eastern Time in order to provide Cycurion stockholders with additional time to cast their votes. The Special Meeting was originally scheduled for today; however, the number of votes cast was less than the number of shares required to c ...

Company Enhances Organizational Agility to Meet Evolving Cybersecurity DemandsMCLEAN, Va., Feb. 11, 2026 (GLOBE NEWSWIRE) -- Cycurion, Inc. (Nasdaq: CYCU) (“Cycurion” or the “Company”), a trusted leader in IT cybersecurity solutions, today announced a strategic business reorganization that will streamline operations, enhance organizational agility, and position the Company for long-term growth. This operational realignment aims to better position the Company’s resources with its core mission of delivering s ...

Core Insights - Kustom Entertainment is accelerating its strategic pivot to a pure-play entertainment model, focusing exclusively on live events and proprietary ticketing [1][3] - TicketSmarter, a subsidiary of Kustom Entertainment, has been recognized as one of the 10 Best Ticket Resale Sites of 2026 by Forbes Advisor, highlighting its competitive advantages in the ticketing market [2][3] Company Developments - Kustom Entertainment has successfully divested non-core assets, including its revenue-cycle management business, to concentrate on its ticketing platform and live event production [3] - The company has entered into a non-binding Memorandum of Understanding with Cycurion, Inc. to divest its legacy video solutions division, further aligning with its strategic focus [3] - The flagship event, Country Stampede Music Festival, is celebrating its 30th anniversary in June 2026, which the company plans to leverage for expanding its nationwide event production and integrated ticketing services [6] TicketSmarter Highlights - TicketSmarter is recognized for its pricing transparency, strong buyer protections, and low seller commissions, making it a competitive player in the $100 billion global live entertainment market [2][7] - The platform offers a 100% Ticket Guarantee, ensuring fans receive valid tickets or a full refund if an event is canceled and not rescheduled [7] - TicketSmarter's seller-friendly model features commissions as low as 10% for returning sellers, significantly lower than many competitors [7]

Core Insights - Kustom Entertainment is accelerating its strategic pivot to a pure-play entertainment model, focusing exclusively on live events and proprietary ticketing [1][3] - TicketSmarter, a subsidiary of Kustom Entertainment, has been recognized as one of the 10 Best Ticket Resale Sites of 2026 by Forbes Advisor, highlighting its strengths in pricing transparency, competitive seller fees, and buyer protections [2][3] Company Developments - Kustom Entertainment has successfully divested non-core assets, including its revenue-cycle management business, to concentrate on its ticketing platform and live event production [3] - The company has entered into a non-binding Memorandum of Understanding with Cycurion, Inc. to divest its legacy video solutions division, further aligning with its strategic focus [3] - The flagship event, Country Stampede Music Festival, is celebrating its 30th anniversary in June 2026, which the company plans to leverage for expanding its nationwide event production and integrated ticketing services [6] TicketSmarter Highlights - TicketSmarter is recognized for its pricing transparency, clearly communicating total costs before checkout [7] - The platform offers a 100% Ticket Guarantee, ensuring fans receive valid tickets or a full refund if an event is canceled [7] - TicketSmarter's seller-friendly model features commissions as low as 10% for returning sellers, significantly lower than many competitors [7] - The platform promises to list tickets on thousands of websites, providing sellers with maximum visibility [7]

Core Viewpoint - Cycurion, Inc. is positioned for strong revenue growth in 2026 due to a significant backlog of $80 million, which is approximately four times its fiscal year 2024 revenue, indicating a robust pipeline for future billable work [2][4]. Group 1: Financial Position and Valuation - Cycurion's current annual revenue stands at $15.67 million, highlighting the substantial growth potential from its backlog [2]. - The company is trading at a market capitalization of $10.68 million, which is below its fair value according to InvestingPro data [1]. - Litchfield Hills Research has set a price target of $7.00 for Cycurion, suggesting a significant upside potential, as this valuation reflects a 2.9x estimated 2026 revenue compared to a peer average of 9.0x, indicating a steep discount [5]. Group 2: Business Strategy and Market Focus - Cycurion is shifting towards higher-margin cybersecurity solutions, focusing on advisory services, managed services, and SaaS solutions primarily for state and local governments and small businesses, which are increasingly targeted by ransomware attacks [3]. - The company has a proven acquisition and integration model, operating as a unified platform under new leadership aimed at simplifying structure, improving margins, and scaling higher-value managed security offerings [4]. Group 3: Leadership and Market Outlook - Kevin Kelly, Chairman and CEO of Cycurion, expressed confidence in the company's undervaluation and the potential for long-term investors to be rewarded as the backlog converts into growing billable revenues [7]. - The global demand for advanced cybersecurity solutions is swelling, further supporting Cycurion's growth prospects [7].

Core Viewpoint - Cycurion, Inc. has entered into a Memorandum of Understanding to acquire the video-solutions division of Kustom Entertainment, Inc., aiming to enhance integrated public safety and cybersecurity solutions while increasing revenue and cross-selling opportunities [1][2][3] Financial Overview - The acquisition is valued between $6.0 million and $8.4 million, with a cash payment of $1.0 million to $1.4 million and the remainder in Cycurion preferred stock [2] - The addition of Kustom's video-solutions division is expected to increase Cycurion's revenues by approximately $5.1 million, or 35%, in 2026 compared to 2025, along with an $8.0 million backlog from established contracts [2][5] Strategic Benefits - The acquisition is anticipated to provide immediate access to Kustom's extensive client base, which includes agencies from all 50 U.S. states and over 30 countries, enhancing cross-selling opportunities [4][5] - Cycurion expects to generate approximately $100,000 per month in additional revenue through cross-selling integrated cybersecurity and video solutions [11] Operational Synergies - The integration of Kustom's high-margin recurring models with Cycurion's cybersecurity services is expected to create bundled offerings and operational efficiencies, leading to accelerated profitability in the public safety market [5][11] - The combination of Kustom's video surveillance technologies with Cycurion's cybersecurity expertise is projected to enable secure data transmission and enhance incident response capabilities [11] Shareholder Impact - The transaction is expected to be transformative and accretive for Cycurion shareholders, delivering immediate top- and bottom-line growth while strengthening recurring revenue [3][5] - A significant portion of the purchase price will be paid in Cycurion's preferred stock, aligning Kustom shareholders with Cycurion's long-term growth potential [5][7]

OVERLAND PARK, KS, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Kustom Entertainment, Inc. (Nasdaq: KUST) (the “Company”) today announced that it has entered into a non-binding Memorandum of Understanding (“MOU”) with Cycurion, Inc. (NASDAQ: CYCU) (“Cycurion”) to divest its video solutions division. The divestiture of the Company’s video solutions business supports the Company’s strategic focus on its rapidly growing live event production and proprietary online ticketing operations, aligning with its broader rebrandin ...

OVERLAND PARK, KS, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Kustom Entertainment, Inc. (Nasdaq: KUST) (the “Company”) today announced that it has entered into a non-binding Memorandum of Understanding (“MOU”) with Cycurion, Inc. (NASDAQ: CYCU) (“Cycurion”) to divest its video solutions division. The divestiture of the Company’s video solutions business supports the Company’s strategic focus on its rapidly growing live event production and proprietary online ticketing operations, aligning with its broader rebrandin ...

Core Insights - Cycurion, Inc. has reported a successful year in 2025 with a contracted backlog of $80 million and plans to expand its AI-powered cybersecurity business in 2026 [1][2] Company Achievements - Cycurion was recognized in MSSP Alert's 2025 Top 250 MSSPs List, ranking No. 116, marking its first evaluation for this prestigious recognition [3] - The company announced a pro-rata dividend of $500,000 in common shares for existing shareholders, with a distribution ratio of 0.0080 per share [4] - Cycurion entered into a securities purchase agreement for 1,657,460 shares at $3.62 per share, generating approximately $6 million in gross proceeds [5] - The company was awarded a position on the State of Florida's Management Consulting Services State Term Contract, allowing it to provide consulting services to state agencies [6] Financial Performance - For Q3 2025, Cycurion reported revenue of $3.83 million, a decrease of 13.9% year-over-year, and $11.59 million for the nine months ended September 30, 2025, down 15.4% year-over-year [9] - Gross profit for Q3 2025 was $0.27 million, reflecting a 7.1% margin, while the nine-month gross profit was $1.18 million with a 10.2% margin [9] - Total assets increased by 26.4% to $32.31 million, with cash rising to $3.65 million from $0.04 million at year-end 2024 [10] Future Projections - Cycurion forecasts a run-rate revenue of approximately $4.17 million for Q1 2026, translating to an annual run rate of about $16.66 million [12] - The company expects significant revenue growth from new contracts, including a forecasted increase in monthly contributions from a new SLG contract [11] - Cycurion is actively expanding its partnerships with federal and state agencies, enhancing its role in the cybersecurity landscape [16]

Core Viewpoint - Cycurion, Inc. has corrected its dividend distribution ratio from 0.0180 to 0.0080, which is related to a pro-rata distribution of approximately $500,000 in CYCU shares to shareholders [1] Dividend Details - Dividend amount is set at $500,000, to be distributed in CYCU common shares - The distribution valuation price is $6.00, based on the closing price on August 29, 2025 - Total dividend shares to be distributed are approximately 83,333 - Record Date for the dividend is December 15, 2025, with a Payment/Distribution Date on or about December 30, 2025 - The corrected distribution ratio is approximately 0.0080 CYCU common shares, with fractional shares rounded down to the nearest whole share, and no cash will be paid for fractional shares [6]