Statewide Management Consulting Services Term Contract by Florida Department of Management Services Adds to $80 Million Backlog for AI Cybersecurity Leader Cycurion, Inc. (Nasdaq: CYCU)

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$CYCU and $IQST Strengthen Alliance by Retaining $1,000,000 Worth of Cross Holdings and Distribution of $500,000 of Shares to Their Own Shareholders

* 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.

* Strong Q3 2025 Results and Momentum Into Q4 2025.

* Contracted Backlog Now Exceeds $80 Million.

* First Quarter 2026 Run-Rate Revenue Expected to be Approximately $4.17 Million, Translating to an Annual Run Rate of Approximately $16.66 Million.

* Strategic Investments in People and Technology Drive Sustained Growth, $80M+ Contract Backlog, and Expanding Pipeline.

* Selected by Major Telecom Provider to Modernize Emergency Warning Network for Leading U.S. Government Agency.

* $1.1 Million Data Modernization Contract for One of America's Largest Counties.

* Multi-Year Florida State Term Contract Award to Power Next-Generation Government IT Transformation.

* Partnerships with Government Agencies and Healthcare Organizations Like Affiliates of National Association of County and City Health Officials.

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.

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.

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Award of Statewide Management Consulting Services Term Contract by the Florida Department of Management Services

On December 2nd CYCU announced that it has been officially awarded a position on the State of Florida's Management Consulting Services State Term Contract. This award positions CYCU as an approved vendor eligible to provide expert management consulting services to state agencies and all Eligible Users across Florida.

Under the terms of the statewide contract, CYCU may deliver services aligned with the Management Consulting Services Scope of Work, including strategic planning, program management, organizational assessments, process improvement, policy analysis, and other advisory and consulting services.Through this award, CYCU has the opportunity to bring its extensive government consulting expertise, operational insight, and commitment to service delivery excellence to support Florida agencies statewide.

CYCU and IQST Strengthen Alliance by Retaining $1,000,000 Worth of Cross Holdings and Distribution of $500,000 of Their Shares to Their Own Shareholders

On November 25th CYCU and partner IQST referred to the joint press release dated September 3, 2025, in which each company announced plans to distribute $500,000 worth of the other company's shares to its respective shareholders. To further solidify the strategic alliance between the two companies, IQST and CYCU announced an updated approach: Each company will instead distribute $500,000 worth of its own shares as a one-time, pro-rata dividend to its own respective shareholders, while preserving the full $1,000,000 in cross-ownership shares.

CYCU and IQST agreed that issuing dividends in their own shares-rather than redistributing cross-held shares-provides a more streamlined, efficient, and value-enhancing structure for shareholders. The original cross-shareholding swap is expected to proceed next year once the shares meet seasoning requirements.

Q3 2025 Results and Strong Momentum Into Q4 2025 with Run-Rate Revenue Climbing to $4.2 Million in Q1 2026

On November 14th CYCUannounced its financial results for the third quarter ended September 30, 2025, alongside continued revenue acceleration into the fourth quarter of 2025. CYCU has strategically invested in high-caliber talent and technology and is delivering compounding returns with a contract backlog exceeding $80 million, a new data modernization contract for SLG Innovation, Inc. ("SLG") and a forecasted first quarter of 2026 run-rate revenue of $4.2 million.

CYCU Q3 2025 Financial Highlights:

Revenue: $3.83 million for third quarter 2025 (down 13.9% YoY from $4.45 million), and $11.59 million for the nine months ended September 30, 2025 (down 15.4% YoY from $13.69 million), reflecting a deliberate pivot to more profitable SLED contracts amid merger-related disruptions.

Gross Profit: $0.27 million for the third quarter 2025 (7.1% margin), and $1.18 million for the nine months ended September 30, 2025 (10.2% margin).

Balance Sheet Strength: Total assets grew 26.4% to $32.31 million, with cash increasing significantly to $3.65 million (from $0.04 million at year-end 2024).

Cash Flows: Net financing inflow of $10.78 million for the nine months ended September 30, 2025 (capital raises of $5.87 million and warrant exercises of $3.66 million) enabling $8.77 million operating cash outflow, positioning CYCU for growth execution.

CYCU Q4 2025 and Q1 2026 Momentum: Run-Rate Acceleration Underway

New SLG Contract: Forecasted to contribute $26,500 in November 2025, scaling to $283,042 monthly by January 2026, which is a 10x increase in just 60 days, bolstering the state, local and education revenue base.

Cycurion-Branded Revenue: Kicks off in December 2025 at $12,500, ramping to $58,333 monthly by January 2026, which demonstrates channel and co-sell strategies with high-margin Cyber Shield solutions.

Total Forecasted Revenue: Given the factors mentioned above, CYCU expects first quarter 2026 run-rate revenue to be approximately $4.17 million, translating to an annual run rate of approximately $16.66 million.

CYCU Selected by Major Telecom Provider to Modernize Emergency Warning Network for Leading U.S. Government Agency

On November 10th CYCU announced it has been awarded a contract by one of the country's largest telecommunications companies to deliver network deployment services supporting a critical modernization initiative for one of the federal government's largest agencies.

The multi-year project focuses on replacing decades-old infrastructure with a resilient, secure, and flexible communication network designed to enhance emergency warning capabilities. The rollout encompasses more than 1,300 sites across all 50 states and U.S. territories, with an expected duration of 24 to 36 months and a potential total value exceeding $1 million.

CYCU has maintained a trusted partnership with this telecommunications provider for over 20 years, consistently delivering high-reliability network services that meet stringent government standards.

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$1.1 Million Data Modernization Contract for One of America's Largest Counties, Further Solidifying $73.6 Million Backlog and Mission-Essential Resilience

On November 5th CYCU announced that its subsidiary, SLG Innovation, Inc. ("SLG"), has been awarded a $1.1 million contract to modernize legacy data systems for one of America's largest county-level public guardian offices. This high-impact engagement-delivered in partnership with a leading national provider of case management technology-adds another marquee win to the rapidly expanding CYCU portfolio and reinforces its indispensable role in ensuring operational continuity, even during government shutdowns.

The four-month initiative will migrate decades of sensitive case and client data from outdated AS400 and Microsoft Access environments into a secure, unified Microsoft SQL Server (MSSQL) platform. CYCU will lead end-to-end execution, including data mapping, transformation logic, rigorous testing, and post-migration support-delivering enhanced data integrity, real-time accessibility, and long-term scalability to support the agency's mission of protecting vulnerable citizens.

As a designated mission-critical provider, CYCU ensures uninterrupted delivery of cybersecurity, data integrity, and IT modernization services-vital functions that continue seamlessly during budget impasses, securing public safety and operational stability.

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=statewide-management-consulting-services-term-contract-by-florida-department-of-management-services-adds-to-80-million-backlog-for-ai-cybersecurity-leader-cycurion-inc-nasdaq-cycu]
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Address:1640 Boro Place 4th Floor
City: McLean
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Website: http://www.cycurion.com

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