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Microcap & Penny Stocks : CYIOS Corporation

CYIO 0.00400

-9.1%

9:56 AM EST

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From: tens	1/27/2010 4:02:22 PM
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2010 Kickoff News Keep in mind CYIOS already will report a profitable 2009. All they really needed was access to credit to grow this business and now it could be there to the tune of $7M ...Past PR's noted needing at least 300K would do it ....Well no excuses now ...The contracts are there already ...Time will tell Breaking News CYIOS Kicking Off 2010, Strategy and Growth Plan prnewswire Press Release Source: CYIOS Corporation On Wednesday January 27, 2010, 3:07 pm WASHINGTON, Jan. 27 /PRNewswire-FirstCall/ -- CYIOS Corporation (OTC Bulletin Board: CYIO) announces today its strategy and growth plans for 2010. "As per last year, we started under the premise that we had funding coming in for growth -- that never came to fruition and growth was at minimum. We still had a profitable year but not as expected. We have accomplished the first steps in funding CYIOS -- that being establishing and executing a term sheet for 7 Million dollars. CYIOS has been on the unfortunate side of being a public company -- that being not benefiting from any funding. We have agreed upon terms and now have to process the proper SEC filings to invoke the line of equity. This will vow greatly for the shareholders -- we will have the funds to get more business, launch our product and manage our existing contracts," stated Timothy Carnahan. "It could be up to 90 days until we get to tap into the line of equity -- but we are moving forward as it will be there." Based upon this, the company feels its performance could increase by 100% resulting in revenue increase by 100% starting in mid 2QTR and by 200% in mid 3QTR. "This is the reason to go public -- raise capital to support a good business process that will enhance mature growth. There is one other KEY element in our growth strategy -- that being the establishment of an advisory board. This advisory board would establish collection of knowledge and lessons learned from the leadership of the military and help guide and align CYIOS's strategy plans with those of the Department of Defense. The establishment of an advisory board is a key part of our mission critical plan for the success of CYIOS," stated Timothy Carnahan.

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