Iron Man Protection on Short List for Major Security Contract


THE WOODLANDS, TEXAS, Oct. 25, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Optium Cyber Systems, Inc. (OTC:OCSY) is pleased to announce that its wholly owned subsidiary, Iron Man Protection, LLC has been short listed and is one of two remaining competitors bidding for a major security contract to provide physical security to three major domestic ports of entry. The tender had more than twenty original bidders. The winning contract represents an estimated initial annual revenue of $500,000. Due to the sensitivity of the bidding process Optium Cyber Systems is not able to disclose any further details until the contract has been awarded.

“We took ownership of Iron Man Protection on the first of this month and already we are starting to see significant progress,” commented Mr. George Rutherford, President of Optium Cyber Systems, Inc. “This contact will add upwards of $500,000 in revenue to the current operations - a huge leap forward toward our short-term goal of $2 million revenue for 2019. Combine this with our current business and we are already half way there – just in the first month!” continued Mr. Rutherford.

About Optium Cyber Systems, Inc.

Optium Cyber Systems, Inc.  (‘Optium’) is a cyber security consulting company that has developed a 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. Optium Cyber Systems, Inc. recently entered into an agreement to acquire 100% of the outstanding ownership interest of Iron Man Protection, LLC.  Optium Cyber Systems, Inc. is a publicly traded company having its common shares quoted on the OTC Markets under the symbol OCSY.

About Iron Man Protection, LLC

Iron Man Protection, LLC is a full-service security guard company that manages Houston business security requirements with over 40 years of law enforcement experience and military influence. Iron Man Protection offers a level of defense that is next to none and takes pride in its commitment to keeping clients and their assets safe. Iron Man Protection serves a wide variety of industries including: commercial buildings, residential communities, retail stores, 
industrial and construction sites, financial Institutions, public events and religious establishments. Iron Man Protection only employs the most experienced and highly trained security professionals to handle clients defensive requirements. The results of our selective process have earned our team a reputation for quality, professional and dependable service that clients have grown to trust. Iron Man Protection is expertly comprised of licensed and certified armed guards, security consultants with over 25 years of professional security experience and a management team that proudly served with the Houston Police Department, Harris County Deputy’s Office and the United States Marine Corps.

Contact Information

Investor Relations

Ten Associates LLC

11529 N. 120th St.

Scottsdale, Arizona

85259 USA

Telephone: 480-326-8577

Contact: Thomas E. Nelson

Email: tenassociates33@gmail.com

Optium Cyber Systems, Inc.

8350 Ashlane Way, Suite 104

The Woodlands, Texas

77382 USA

Contact: George Rutherford

Telephone: 936-689-7380

Email: rock@ocis.ltd

Web: www.optiumcyber.com

Iron Man Protection, LLC

2002 Timberloch Place, Suite 200

The Woodlands, Texas

77382 USA

Web: www.ironmanprotection.com

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.