$33 Million Contract Awarded to Enhance Cybersecurity for State-Level Public Higher Education, Plus $6 Million Award by Major Municipal Transportation Agency: Cycurion, Inc. (Nasdaq: CYCU)

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$CYCU Has Delivered $17.8 Million Revenue with +59% y/y Adjusted EBITDA Generating $1.2 Million Net Income for 2024 Full Year.

* Cybersecurity Leader Addressing the Growing Threat of Cyber Attacks and Data Breaches with a Multi-layered SaaS Solution.

* Serving Some of the Most Complex Government Agencies and Corporations in the World Including Fortune 100 and 500 Companies.

* Clients and Partners Include: US Dept. of Defense, Defense Intelligence Agency, Dept. of Homeland Security, US Navy and Major Private Sector Companies.

* Delivering State-of the-Art, Al-Infused Proprietary Technology Being One of the First to Marry AI and Cybersecurity.

* $33 Million Contract Renewal Awarded to Enhance Cybersecurity for State-Level Public Higher Education Institutions Over 5 Years.

* $6 Million Contract Award by Major Municipal Transportation Agency.

* Expansion into Latin America via Partnership with LSV-TECH International Extending Sales Presence Into 135 Countries via Nokia Agreement.

* 2024 Total Revenue of 17.8 Million with Adjusted EBITDA of $2.3 Million, +58.9% y/y with Expanded Margin of 12.9% vs $1.4 Million in FY2023.

* Net Income of $1.2 Million Marking First Full Year of Net Profitability.

* Earnings Per Share Improvement to $0.07 Basic and $0.01 Fully Diluted, Versus $(0.14) in Both Categories for FY2023.

* With High Product Pargins, the ARx Security Platform is a Cybersecurity Breakthrough and the Foundational Future Contributor to CYCU growth.

* Technology Veterans, Many Holding High-Level Security Clearances and Have Served Critical Roles in Public and Private Sectors.

Cycurion, Inc. (Nasdaq: CYCU) is a tech-enabled cybersecurity firm that serves some of the most complex government agencies and corporations in the world including Fortune 100 and 500 Companies. Founded by internet pioneer Emmit McHenry - who directly oversaw the first internet protocols and the creation of .com domains - CYCU brings an unparalleled blend of vision, technology, and experience to every project. More than just an MSSP or strategic advisor, CYCU is a full-service security partner capable of guiding any organization through the modern cyber threat landscape.

Cybersecurity has become an increasingly critical issue as illustrated by many top level media sources devoting high profile features on the subject. Here are some recent examples of investment opportunities in this emerging global business sector:

https://www.cnbc.com/2025/04/09/jim-cramer-grows-more-confident-in-cybersecurity-stocks-in-this-volatile-world.html?&qsearchterm=cybersecurity%20stocks

https://www.morningstar.com/stocks/we-see-buying-opportunities-cybersecurity-stocks

https://www.crn.com/news/security/2025/cybersecurity-stocks-surge-amid-sector-s-resilience-and-isolation-within-tech-industry

CYCU is committed to surpassing expectations and delivering incomparable value to its clients and partners. CYCU achieves this goal by providing Network Communications and Information Technology Security services and solutions that are custom-tailored to the client's environment, as well as level of need. CYCU is built on a foundation of experts in Network Communications and Information Technology who possess unrivaled security expertise and experience.

The flagship Cycurion ARx platform is a unified cybersecurity solution for protecting critical digital assets. Multi-layer protection is focused on inspecting requests to and responses from a digital asset. This non-invasive approach wraps around a digital asset - without hardware requirements or cloud installations - while keeping the client's IP completely private. With every request inspected, malicious threats are logged and blocked in real-time before reaching the asset. This CYCU multi-layer model of cybersecurity is intended to thwart potential attackers via an expanding set of protective layers.

$33 Million Contract Renewal to Enhance Cybersecurity for State-Level Public Higher Education Institutions

On May 13th CYCU announced that it had been awarded a significant contract renewal by a major state-level public higher education group. Under this renewed agreement, CYCU will deliver comprehensive cybersecurity services to member universities and colleges within the group, ensuring they are equipped to defend their education-focused operations and digital assets against the ever-evolving landscape of cyber threats. The renewal, valued at $33 million over the five-year term, extends the CYCU partnership through November 2030.

Comprehensive Cybersecurity Services

As part of this renewed contract, CYCU will provide an extensive suite of cybersecurity and governance, risk, and compliance (GRC) 24x7x365 managed support services, which include:

Enterprise Security Strategy: Developing a holistic approach to security that aligns with institutional goals and protects valuable digital assets

Risk & Vulnerability Assessment & Testing: Continuous evaluation and testing of security measures to identify vulnerabilities and enhance defenses

Disaster Recovery: Strategies and solutions to restore systems and data after disruptive events

Business Continuity Planning: Ensuring ongoing operations during and after a security incident

Forensics and Recovery Services: Comprehensive support for incident investigation and data recovery

Regulatory Compliance Analysis: Assisting institutions in meeting federal and state compliance requirements

In addition to the member institutions of this State-Level Public Higher Education Group, any university or governmental entity across the United States can leverage this contract vehicle to access CYCU cybersecurity services. The contract provides a streamlined pathway for educational and governmental organizations to enhance their cybersecurity posture without the need for an extensive procurement process.

$6 Million Contract Award by Major Municipal Transportation Agency

On April 29th CYCU announced it has been awarded a $6 million contract by a major municipal transportation agency. Under this contract, CYCU will deliver a wide range of professional consulting services, including Audit and Cybersecurity Services, Organizational Change Management Consulting, Data Analytics, and Information Technology Services. The Scope of Work also potentially includes the integration of CYCU proprietary ARx platform to further enhance operational and cybersecurity capabilities.

CYCU brings extensive transportation sector expertise, combined with a strong track record in defining and measuring organizational performance to address deficiencies. Specific services provided will include Risk and Vulnerability Assessments, Regulatory Compliance Analysis, Enterprise Cybersecurity Strategy Development, Testing, and Vulnerability Management.

Expansion into Latin America Through Partnership with LSV-TECH International of Colombia Extending Sales Presence Into 135 Countries via Nokia Agreement

On April 22nd CYCU announced a partnership with LSV-TECH International Consortium for Digital Transformation and Technological Innovation to expand its new Managed Security Services Platform (MSSP) Cyber Shield into Latin America and strengthen cross-border interconnections globally.

The partnership is commencing through a pilot program with several Colombian universities to showcase the CYCU MSSP Cyber Shield. LSV-TECH has long-term, established relationships with several higher education institutions in Colombia, wherein strategic alliances aimed at developing digital talent and strengthening capabilities in new technologies have been developed. These relationships allow for joint efforts in applied research, professional internships, training in emerging technologies, AI, and open innovation programs.

With an established footprint predominantly in Latin America that will have an estimated $5 billion cybersecurity market in 2027 - Brazil, Spain, Peru, Chile, and Colombia - along with its global partnership with Nokia, acting as a primary IT service provider in over 135 countries, LSV-TECH plays a critical role in essential technological solutions that enhance global connectivity. The CYCU partnership with LSV-TECH greatly enhances the Company's high impact, yet cost-effective, MSPP Cyber Shield solution sales reach, enabling it to penetrate a vast network of potential government, education, and enterprise clients globally.

Full Year 2024 Financial Results

Adjusted EBITDA of $2.3 million (+59% y/y); Generated $1.2 million of Net Income

On April 17th CYCU reported its financial results for the full year ended December 31, 2024, and provided a corporate update highlighting a year of strategic execution, operational discipline, and solid financial performance.

CYCU is poised for a strong 2025, driven by a strategic overhaul focused on sustainable growth and innovation. Over the past year, CYCU streamlined operations, significantly cutting General and Administrative expenses while boosting gross profit for greater financial strength. CYCU invested heavily in AI-driven technology, sharpening its competitive edge.

CYCU Financial Highlights:

Revenues of $17.8 million.

SG&A expenses reduced by 47.5%, demonstrating operational efficiency and tighter strategic focus.

Adjusted EBITDA of $2.3 million, up 58.9% year-over-year with an expanded margin of 12.9% vs $1.4 million (7.4% margin) in FY2023, reflecting strong cost management and scalable operations.

Net income of $1.2 million, a significant turnaround from a net loss of $2.1 million in FY2023 - marking first full year of CYCU net profitability.

Earnings per share improvement to $0.07 basic and $0.01 fully diluted, versus $(0.14) in both categories in FY2023.

2024 & YTD 2025 Strategic, Technological and Corporate Milestones

CYCU significantly expanded its next-generation product and services portfolio, further solidifying its position as a trusted partner in advanced cybersecurity solutions.

CYCU Listed & Began Trading on Nasdaq: Completed merger with Western Acquisition Ventures in February 2025

U.S. Launch of AI-driven SaaS ARx Cybersecurity Platform: New high margin, AI-driven cybersecurity solution expands CYCU reach following strong initial reception in the government and public sectors in March 2025

Launched Cyber Shield Managed Security Services Platform (MSSP) Launch: Includes SOC as Service, External Attack Surface Management, Web Application Firewall and Virtual CISO Support & Consulting

Expanded Partnership with Journal Technologies: Secured $22 million multi-year contract with State Police Agency

Strengthened Board of Directors Appointing Accomplished IT Professionals: Kevin O'Brien and Reginald Bailey bring a combined 55 years of IT, Big Data and AI industry, entrepreneurial and C-suite experience to CYCU.

For more information on $CYCU visit: http://www.cycurion.com

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Media Contact
Company Name: Cycurion, Inc.
Contact Person: Kevin Kelly, Chairman & CEO
Email: Send Email [http://www.universalpressrelease.com/?pr=33-million-contract-awarded-to-enhance-cybersecurity-for-statelevel-public-higher-education-plus-6-million-award-by-major-municipal-transportation-agency-cycurion-inc-nasdaq-cycu]
Phone: 888-341-6680
Address:1640 Boro Place 4th Floor
City: McLean
State: Virginia
Country: United States
Website: http://www.cycurion.com

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