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Optium Cyber Systems Enters Into Agreement To Acquire Security Firm
By GlobeNewswire, September 11, 2018, 08:00:00 AM EDT
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THE WOODLANDS, TEXAS, Sept. 11, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Optium Cyber Systems, Inc. (the Company) (OTC:OCSY) is pleased to announce that it has entered into a formal agreement to acquire 100% of the outstanding ownership interest in a privately held security/protection firm based in Houston, Texas. Under the terms of the agreement the Company will issue restricted common shares in exchange for the ownership interest. The transaction is to close on September 30, 2018 with possession date of October 1, 2018. The acquisition will be established as a wholly owned subsidiary and will transition the Company from a one service to a multifaceted security/protection company.
Key benefits and highlights are: 1) the acquisition has an established and growing client base; 2) steady and growing revenue and cash flow; 3) profitable; 4) full time employees; 5) current 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; 6) services offered include: on-site security, patrols, armed security, security training and consulting, maritime escort, and armored bullion transport.
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".
Learn more
www.optiumcyber.com
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