Optium Cyber Systems Reviews Accomplishments First Quarter 2018

THE WOODLANDS, TEXAS, May 22, 2018 (GLOBE NEWSWIRE) -- Optium Cyber Systems, Inc.  (“Optium” or the “Company”) (OTC:OCSYD), a developer of a proprietary process that analyzes and identifies cyber security vulnerabilities in critical corporate IT infrastructures, would like to review with stockholders the accomplishments of the first quarter of 2018.

The following key goals were met or maintained during the period January 1, 2018 to March 31, 2018:

-- continued the development and deployment of the Optium platform for the medical sector. This is included ongoing relationship and strategic alliances development within the sector. The Company is actively looking for a joint venture partner such as medical device supplier to expedite the rollout;   

-- continued the development of the platform for the cryptocurrency sector;

-- commenced the development of the platform for the mortgage industry;

-- continued the development of strategic alliances in new sectors with the intention of entering into license agreements to expedite entry into other markets;

-- strengthened management team with the addition of Brigadier General (Retired) Mark Beesly (Defense) and Michael Russell (Oil & Gas) to its Board of Advisors.

In addition to the above, Optium:

-- secured three revenue contracts worth over $800,000 per annum;

-- was featured on Fox Business News ‘New To The Street’;   

-- was featured on Uptick News Wire ‘Stock Day’ Podcast;

-- was approached to prepare a White Paper on cyber security for the Oil & Gas Industry for the American Petroleum Institute.

“As I have previously stated, it is important for an organization to have a clear and decisive game plan in order to be successful. Without a clearly defined set of objectives there is no definitive way of measuring success,” stated George Rutherford, President of Optium Cyber Systems, Inc.  “Our objectives for the first quarter have all been met and we are very excited about new opportunities that have developed since, including an application in the blockchain sector. 

“With everything that the company has on the table, management are very confident that our growth will continue to not only meet but exceed expectations,” continued Mr. Rutherford. 

About Optium Cyber Systems, Inc.

Optium Cyber Systems, Inc. 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.  The Company 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.  Optium Cyber Systems, Inc. is publicly traded having its common shares quoted on the OTC Markets under the symbol "OCSYD".

Forward-looking Statements

This press release contains “forward looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on currently available competitive, financial and economic data and management’s views and assumptions regarding future events. Such forward-looking statements are inherently uncertain. Optium cannot provide assurances that the matters described in this press release will be successfully completed or that the company will realize the anticipated benefits of any transaction. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to: global economic and market conditions; the war on terrorism and the potential for war or other hostilities in other parts of the world; the availability of financing and lines of credit; successful integration of acquired or merged businesses; changes in interest rates; management’s ability to forecast revenues and control expenses, especially on a quarterly basis; unexpected decline in revenues without a corresponding and timely slowdown in expense growth; the company’s ability to retain key management and employees; intense competition and the company’s ability to meet demand at competitive prices and to continue to introduce new products and new versions of existing products that keep pace with technological developments, satisfy increasingly sophisticated customer requirements and achieve market acceptance; relationships with significant suppliers and customers; as well as other risks and uncertainties, including but not limited to those detailed from time to time in Optium public filings. Optium undertakes no obligation to update information contained in this release. For further information regarding risks and uncertainties associated with Optium’s business, please refer to the risks and uncertainties detailed from time to time in Optium Inc.’s public filings.

For more information, please visit www.optiumcyber.com; or contact:

Emerging Markets Consulting, LLC

Mr. James S. Painter III

President

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website: www.emergingmarketsllc.com

Optium Cyber Systems, Inc.

Investor Relations

Tom Nelson

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Optium Cyber Systems, Inc.

Operations

George M. Rutherford

President

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website: www.optiumcyber.com