CYIOS Awarded FBI Contract Valued at $175M
WASHINGTON, Feb. 11 /PRNewswire-FirstCall/ -- CYIOS Corporation (OTC Bulletin Board: CYIO - News) -- CYIOS Corporation announced today a multiple award (ID/IQ) Indefinite Delivery/Indefinite Quantity contract by the FBI valued at $175M. This contract is to provide information technology support services to include personnel and facilities to design, develop, maintain, enhance, and provide operational support for automated systems that are, or will be, resident on mainframes, minicomputers, servers and microcomputers. "Our team's past performance with similar large enterprise systems and mission critical operations played a major role in this award. Moreover, our internal processes and knowledge management system, CYIPRO, will allow significant savings and value for the FBI which is critical during this time in our economy," stated CEO, Timothy W. Carnahan.
Our team is essential to the success of this contract, consisting of ABT Inc., Interplan Systems (IPS) Veteran owned company, Namtra Business Solutions, Inc. (NBS) -- Woman-Owned, 8(a) Small and Disadvantaged Business (SDB) and Technology and Management Services, Inc. Together, the CYIOS Team offers tremendous breadth and depth of experience, resources, and capabilities, brings unique value and minimizes the risk to the FBI in offering services in each of the Functional Areas.
"As stated before, our focus is to continue to improve on our internal processes, work with our partners and align our innovative services with the government's initiatives at the best value and cost," says Timothy Carnahan, President and Chief Executive Officer. "CYIOS Corporation has teamed with the above and the following: CACI, L3/Titan, SERCO and Verizon, companies that are well recognized and respected in government contracting and know how to win. Again, 2009, will be a ground breaking year for CYIOS."
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Forward-Looking Statements
Except for statements of historical fact, the information presented herein contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, expectations, beliefs, plans and objectives regarding future activities. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of CYIOS Corporation to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop future assets, the ability to fund operations and changes in consumer and business consumption habits and other factors over which CYIOS Corporation has little or no control. Except as may be required under applicable law, CYIOS Corporation undertakes no obligation to update any forward-looking statements contained herein as a result of new information, future events or otherwise.
CYIOS CORPORATION
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Investor Contact:
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(443) 817-4411
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