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Cycurion Launches Strategic Cybersecurity Webinar Series to Fortify Public Sector Defenses
Globenewswire· 2025-10-30 12:45
Core Insights - Cycurion, Inc. has launched a comprehensive cybersecurity education initiative in collaboration with NACCHO to enhance cybersecurity awareness in healthcare organizations [1][2] - The initiative includes a three-part webinar series aimed at equipping public sector leaders with critical threat intelligence and defensive strategies against evolving digital threats [1][2] Webinar Series Overview - **Session 1: Trust No Link: The New Rules of Cyber Survival** This session will focus on the increasing sophistication of phishing attacks and social engineering tactics, providing zero-trust principles and rapid threat identification techniques for public health officials [3] - **Session 2: Strengthening Cybersecurity Defenses at Health Departments Ahead of the Holiday Season** This technical panel will address the vulnerabilities healthcare systems face during holiday periods, offering actionable defense strategies tailored to public health organizations' unique constraints [4] - **Session 3: Industry Awareness for the Public Health Sector** The final session will focus on emerging threats and provide guidance on critical cybersecurity challenges facing the public health ecosystem, ensuring leaders are informed about the evolving landscape [5] Tools and Solutions - Participants will gain insights into Cycurion's Cyber Shield and ARx solutions, which are designed to address the unique cybersecurity challenges of public sector organizations, offering threat detection and automated response capabilities [6] Leadership Perspective - Ed Burns, President of State and Local Government at Cycurion, emphasized that cybersecurity is a leadership imperative and that the webinars aim to equip public sector leaders with the necessary intelligence and tools to stay ahead of evolving threats [7][8]
Cycurion Shareholder Letter Explains Path to Expanded Margins and Recurring Revenue for 2026
Globenewswire· 2025-10-28 14:52
Core Insights - Cycurion, Inc. is focused on enhancing shareholder value through AI-driven cybersecurity solutions and strategic growth initiatives [1][9] Group 1: Financial Performance and Backlog - The company reported a record-breaking contracted backlog of $73.6 million, driven by demand for its AI-enhanced ARx platform and managed security services [2] - New contracts worth over $8 million were secured in Q2 2025, including a $6 million agreement with a municipal transportation agency [2] - The company anticipates adding $2.9 million in new annualized revenue from these contracts, with onboarding beginning in Q4 2025 [2] Group 2: AI Innovation and Product Development - Cycurion is rolling out its proprietary AI software, ARx, which has been in development for over five years, expected to significantly increase margins and create a recurring revenue model [3] - The Cyber Shield product, powered by ARx, is projected to generate $1.8 million in contracted revenue in its first year, targeting the $3 billion+ cybersecurity market [4] Group 3: Client Relationships and Market Expansion - The company has secured over 30 new agreements in 2025, achieving high client retention through AI-powered solutions that foster long-term partnerships [4] - Cycurion is expanding its sales team to meet increased demand, particularly in federal government sectors [4] Group 4: Strategic Acquisitions - The company is pursuing a disciplined acquisition strategy to enhance its AI capabilities and global presence, integrating subsidiaries that enrich its portfolio with advanced AI algorithms [5][6] - Partnerships, such as with LSV-TECH, aim to expand the Cyber Shield service into Latin America, further solidifying Cycurion's market position [6] Group 5: Stock and Financial Strategy - A recent one-for-thirty reverse stock split is intended to enhance liquidity and attract institutional investors, aligning with Nasdaq listing standards [7] - The company has reduced its debt by $3.2 million through a strategic debt-for-equity exchange, improving financial flexibility and supporting growth initiatives [8] Group 6: Future Outlook - Cycurion aims to leverage its AI-driven backlog and partnerships to convert its pipeline into revenue, focusing on global expansion and delivering value to shareholders [9]
Cycurion Announces Five New Contracts Totaling $1 Million, Expanding into Commercial Sectors
Globenewswire· 2025-10-16 12:45
Core Insights - Cycurion has successfully closed five new contracts in September, totaling approximately $1 million, which is expected to generate an additional $75,000 in monthly recurring revenue, enhancing the company's growth trajectory [1][2][3] Group 1: Company Strategy and Market Position - The new contracts include four in the healthcare and pharmaceutical sectors, leveraging Cycurion's established relationship with NACCHO to secure these deals [2] - The CEO of Cycurion emphasized the company's strategy to expand into commercial and non-government sectors, validating their approach and positioning for sustained revenue growth [3] - Cycurion's Cyber Shield products provide advanced threat detection, encryption, and compliance features, showcasing versatility and market demand beyond traditional government clients [3] Group 2: Future Plans and Commitment - Cycurion remains committed to innovation and client success, with plans to announce further expansions in the coming quarters [4]
Cycurion, Inc. Offers Insight on Second Quarter 2025 Results and Recent Business Activities
Globenewswire· 2025-08-15 13:00
Core Viewpoint - Cycurion, Inc. reported a GAAP net loss of $0.15 per share for Q2 2025, but an adjusted net loss of approximately $0.04 per share after accounting for non-recurring expenses, indicating underlying performance improvement [2][17] Financial Performance - The company achieved net revenues of $3.89 million for Q2 2025, a decrease from $5.00 million in Q2 2024 [17] - Gross profit for Q2 2025 was $0.24 million, down from $1.02 million in the same quarter of the previous year [17] - Operating loss for Q2 2025 was $(3.77) million compared to an operating income of $0.73 million in Q2 2024 [17] - The net loss attributable to Cycurion for Q2 2025 was $(5.19) million, compared to a net income of $0.31 million in Q2 2024 [17] Strategic Developments - Cycurion successfully converted $3.5 million from debt to equity in Q2 2025, enhancing its financial position and reducing future interest obligations [2] - The company secured over $69 million in new contracts, including a $33 million contract renewal with a state-level public higher education group and a $22 million contract with a U.S. state police agency [3][4] - Cycurion is focusing on AI-driven solutions, particularly through its ARx platform and Cyber Shield offerings, to capture higher-margin opportunities in the cybersecurity sector [4] Market Positioning - The company has established strategic partnerships with organizations such as NACCHO, LSV-TECH S.A.S., and iQSTEL Inc., which strengthens its market presence and supports sustainable revenue growth [5] - Cycurion has a backlog of 18 months of scopes of work, which is expected to contribute positively to its revenue pipeline [4] Upcoming Events - A conference call is scheduled for August 19, 2025, to discuss the financial results and future plans, providing an opportunity for shareholders to engage with the company's management [1][6]
Cycurion Shines as Diamond Affiliate Partner at NACCHO Annual Conference, Showcasing High-Margin Cyber Shield Solution to Address Public Health Cybersecurity Challenges
Globenewswire· 2025-07-23 12:00
Core Insights - Cycurion, Inc. is a leader in high-margin cybersecurity solutions and recently attended the NACCHO Annual Conference, focusing on improving healthcare through technology [1][2] Company Overview - Cycurion unveiled its Cyber Shield solution, aimed at providing advanced cybersecurity protection and business continuity for public health organizations [2][4] - The company is collaborating with NACCHO to develop a nationwide rollout plan for the Cyber Shield, which includes educational components to enhance member understanding and implementation [2][3] Market Impact - The NACCHO conference generated over 250 leads for Cycurion's Cyber Shield services, indicating strong market interest and potential for growth [3] - Revenue projections for Cyber Shield services over the next three years are as follows: Year 1: $1,809,000, Year 2: $4,338,000, Year 3: $13,896,000, showcasing significant anticipated growth [8] Strategic Positioning - Cycurion's partnership with NACCHO positions it as a trusted leader in public health cybersecurity, with a strong presence at the conference through various engagements [3][4] - The company emphasizes its commitment to public health security and aims to address urgent cybersecurity challenges faced by public health organizations [5][4]
Cycurion, Inc. Announces Diamond Level Partnership with the National Association of County and City Health Officials (NACCHO) to Strengthen Cybersecurity for Local Health Departments
Globenewswire· 2025-07-10 12:00
Core Insights - Cycurion has announced a strategic partnership with NACCHO to provide its Cyber Shield Managed Security Services Platform to local health departments across the U.S. [1][3] - The partnership aims to enhance cybersecurity protections for public health organizations facing increasing cyber threats [3][4] - NACCHO represents over 3,300 local health departments, highlighting the significant market opportunity for Cycurion's services [6] Company Overview - Cycurion is based in McLean, Virginia, and specializes in IT cybersecurity solutions and AI [4] - The company offers a range of services including vulnerability testing, email security, multi-factor authentication, and business continuity support [4] - Cycurion's ARx platform provides advanced security features such as Web Application Firewall and DDoS protection [4] Industry Context - Public health organizations face numerous cybersecurity challenges, including a shortage of trained professionals, evolving compliance requirements, and insufficient funding [2][4] - The NACCHO360 conference serves as a key event for local health department leaders to share best practices and learn about effective public health strategies [7]
IQSTEL and Cycurion (CYCU) Unveil Plans for AI-Powered Next-Generation Cybersecurity Platform, Targeting the Global Telecom Industry
Globenewswire· 2025-06-18 12:30
Core Viewpoint - Cycurion Inc. and IQSTEL Inc. are advancing their strategic partnership to develop customized cybersecurity solutions for the global telecom industry, entering an execution phase focused on product rollout and market deployment [1][2]. Group 1: Collaboration Details - The partnership includes six pillars of collaboration, focusing on advanced cybersecurity solutions for telecom carrier infrastructure to protect critical operations from breaches and operational risks [3]. - A white-label cybersecurity platform named "Cyber Shield" is being launched, allowing telecom operators to offer high-margin cybersecurity services to their customers, enhancing customer retention and creating new revenue streams [4]. - Cycurion is exploring the integration of IQSTEL's proprietary AI platform to optimize operational processes and enhance cybersecurity measures [5]. Group 2: AI and Cybersecurity Development - The companies are developing an AI-Powered Next-Generation Cybersecurity Platform, leveraging Cycurion's cybersecurity expertise and IQSTEL's AI technologies to create a proactive defense system tailored for telecom operators [5][9]. - The initiative aims to increase predictive protection and enhance adaptive response capabilities, allowing for intelligent, real-time countermeasures against evolving cyber threats [8]. Group 3: Market Opportunity - The global cybersecurity market is projected to exceed $500 billion by 2030, driven by digital transformation and increasing cyber threats, with the telecom sector requiring robust digital defenses [11]. - IQSTEL operates in over 20 countries and has established relationships with more than 600 telecom operators, positioning itself to deliver cybersecurity solutions on a global scale [12]. Group 4: Future Plans - A commercial launch of the joint products is planned for the second half of 2025, with teams aligning on product development and go-to-market strategies for a coordinated rollout [10].
IQST - IQSTEL and Cycurion (CYCU) Unveil Plans for AI-Powered Next-Generation Cybersecurity Platform, Targeting the Global Telecom Industry
Prnewswire· 2025-06-18 12:15
Core Viewpoint - IQSTEL Inc. and Cycurion Inc. are advancing their strategic partnership to develop customized cybersecurity solutions for the global telecom industry, entering the execution phase focused on product rollout and market deployment [1][2]. Group 1: Collaboration Details - The partnership includes six pillars of collaboration, focusing on advanced cybersecurity solutions for telecom carrier infrastructure to protect critical operations against breaches and operational risks [3]. - A white-label cybersecurity platform named "Cyber Shield" is being launched, allowing telecom operators to offer high-margin cybersecurity services to their customers, enhancing customer retention and creating new revenue streams [4]. - The integration of IQSTEL's proprietary AI platform into Cycurion's operations aims to optimize internal processes, reduce costs, and accelerate the execution of high-value contracts [8]. Group 2: AI and Cybersecurity Development - The companies are developing an AI-Powered Next-Generation Cybersecurity Platform, combining Cycurion's cybersecurity expertise with IQSTEL's AI technologies to create a proactive defense system tailored for telecom operators [5][10]. - The initiative aims to increase predictive protection, enabling the identification and neutralization of threats before they materialize, and enhance adaptive response with intelligent, real-time countermeasures [9]. Group 3: Market Strategy and Opportunities - A commercial launch is planned for the second half of 2025, with joint teams aligning on product development, packaging, and go-to-market strategies for a coordinated global rollout [11]. - The global cybersecurity market is projected to exceed $500 billion by 2030, driven by digital transformation and escalating cyber threats, with the telecom sector requiring robust digital defense solutions [12]. - IQSTEL's established presence in over 20 countries and relationships with over 600 telecom operators positions the company to deliver cybersecurity solutions at a global scale [13]. Group 4: Leadership Insights - Leandro Iglesias, CEO of IQSTEL, expressed confidence that the partnership will deliver significant value to telecom carriers and their customers [14]. - Kevin Kelly, CEO of Cycurion, highlighted the collaboration's potential to create intelligent, scalable solutions tailored for the telecom industry, leveraging AI expertise [14]. Group 5: Company Profiles - Cycurion Inc. specializes in data protection, threat management, and compliance solutions for various sectors, including telecom, aiming to empower organizations with adaptive security [15]. - IQSTEL Inc. provides advanced solutions across multiple sectors, forecasting $340 million in revenue for FY-2025 and targeting a $1 billion valuation by 2027 [16].
Cycurion, Inc. Partners with the Independent Colleges and Universities of Florida (ICUF) as a Preferred Vendor
Globenewswire· 2025-06-12 13:00
Core Insights - Cycurion has partnered with the Independent Colleges and Universities of Florida (ICUF) to provide cybersecurity services to 30 member institutions, enhancing their protection against cyber threats [1][2] - The partnership includes a webinar to introduce ICUF members to Cycurion's marquee Managed Security Service Provider (MSSP) solution, Cyber Shield, reflecting ICUF's commitment to providing leading cybersecurity resources [2] - Cycurion is a provider of IT cybersecurity solutions and AI, focusing on delivering secure and innovative services to various sectors, including government and healthcare [3] Company Overview - Cycurion, based in McLean, Virginia, specializes in cybersecurity, program management, and business continuity, utilizing its AI-enhanced ARx platform to safeguard client operations [3] - The company operates alongside subsidiaries such as Axxum Technologies, Cloudburst Security, and Cycurion Innovation, Inc., serving a diverse clientele [3] ICUF Overview - The Independent Colleges and Universities of Florida (ICUF) represents 30 private, nonprofit colleges and universities in Florida, established in 1965 to support access, affordability, and quality in higher education [4]