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REPEAT -- Cycurion Lists on NASDAQ (CYCU) and Provides Corporate Update

REPEAT -- Cycurion Lists on NASDAQ (CYCU) and Provides Corporate Update

MCLEAN, Va., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Cycurion (NASDAQ:CYCU), a leading cybersecurity firm, issues a shareholder update from Kevin Kelly Chairman and CEO, after IPO.
RE: Cycurion (CYCU) announces Initial Public Offering
Dear Investors and Stockholders,
I am honored to address you as Chairman and CEO or Cycurion at this pivotal moment in our company's journey. With over a decade of experience building and growing cybersecurity companies and successfully leading organizations through the Nasdaq public markets, I understand what it takes to scale a company in this evolving landscape. Cycurion is at the forefront of cyber-security innovation, and I am incredibly proud of the foundation we have built and the exciting path ahead.
Headquartered in McLean, Virginia, Cycurion is dedicated to addressing the growing risks of cyber threats and data breaches with a multi-layered SaaS solution that minimizes false positives while protecting critical digital assets. Since our founding in 2017, we have built a comprehensive cybersecurity ecosystem, serving the federal. state, and local government agencies, as well as commercial enterprises. Our key clients and partners include the United States
Department of Defense, the Defense Intelligence Agency. the Department of Homeland Security, the United States Navy, as well as a number of Fortune 100 and 500 companies. Additionally, our wholly owned subsidiaries—Axxum Technologies LLC, Cloudburst Security LLC, and Cycurion Innovation, Inc.—enhance our capabilities by delivering tailored cybersecurity services and advanced security products to both government and commercial.
At the heart of our success is our Al-infused proprietary technology being one of the first to Marry AI and Cybersecurity. Three years ago, we acquired a significant piece of technology called the ARx Security Platform, which we are now preparing to expand this offer into the broader market. This multilayer software platform, featuring a Web Application Firewall, Bot Mitigation, and Geo Gating, is built on proprietary algorithms that provide multiple layers of protection against cyber threats.
At Cycurion, we offer a comprehensive suite of services tailored to meet the full spectrum of cybersecurity needs:
Cybersecurity: Anticipating, presenting, detecting, and responding to cyber threats to ensure the integrity of our clients' networks.
Consulting & Advisory: Providing strategic guidance to help organizations develop and maintain strong security programs.
Governance, Risk & Compliance: Ensuring businesses meet regulatory requirements through proven methodologies.
Engineering & Architecture: Leveraging advanced technologies such as DevOps, continuous delivery, and big data analytics to secure IT infrastructures.
What truly sets Cycurion apart is our deeply skilled team of 80 technology veterans, many of whom hold high-level security clearances and have served in critical roles within the Department of Defense, the Department of Justice, and leading technology companies. Their expertise spans national security, enterprise cybersecurity, and critical infrastructure protection, making them uniquely qualified to combat today's most sophisticated cyber threats. We are grateful to have such an exceptional team, whose dedication and experience drive our success.
Since 2017, we have been singularly focused on providing cybersecurity solutions to federal, state. and local governments, civilian, defense, and judicial agencies, as well as commercial clients across various industries. We established our reputation by delivering mission-critical cyber-security support to multiple federal agencies, positioning us well for expansion into the commercial market. cutting-edge solution further strengthens our position as a leader in the cybersecurity industry and enhances the trust that organizations worldwide place in us.
Cycurion also provides a unique integrated dashboard, allowing C-Suite executives and Boards to monitor cyber threats in real time and make informed security decisions. As a result, many CEOs and Boards turn to Cycurion to navigate today's complex security landscape.
offer into the broader market. This multilayer software platform, featuring a Web Application Firewall, Bot Mitigation, and Geo Gating, is built on proprietary algorithms that provide multiple layers of protection against cyber threats.
We are privileged to serve federal, state, and local governments, police departments, and leading consulting firms such as the big four. Our ability to secure and protect critical infrastructure has made us a trusted partner in both the public and private sectors.
By combining our industry expertise with government-level experience, Cycurion is well positioned to capture market share in the $200 billion cybersecurity industry. With our advanced technology, strategic partnerships, and exceptional team, we are confident in our ability to drive sustained growth and deliver long-term value.
Today, I am thrilled to announce a monumental milestone—our Initial Public Offering (IPO).
After our IPO, our ticker symbol will be (CYCU). This marks the beginning of an exciting new phase for Cycurion, reflecting our unwavering commitment to innovation, excellence, and expansion.
As we look ahead, we are focused on growth. We are committed to organic growth; however, we will be pursuing a primarily inorganic strategy, with plans for at least one strategic acquisition this year to enhance our technology and expand our market reach. At the same time, we remain committed to organic growth, leveraging our strong foundation and innovative approach to meet the evolving demands of the cybersecurity landscape. This strategic expansion will allow us to broaden our impact and strengthen our position in securing vital systems and data.
Thank you for being an essential part of Cycurion's journey. Together, we look forward to shaping the future of cybersecurity and achieving new heights of success.
Sincerely,
Kevin Kelly
Chairman & CEO Cycurion, Inc.

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Major Drilling Announces Fourth Quarter and Fiscal Year 2025 Results as Activity Ramps Up
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Adjusted gross profit/margin - excludes depreciation expense: EBITDA - earnings before interest, taxes, depreciation, and amortization: Net cash (debt) – cash net of debt, excluding lease liabilities reported under IFRS 16 Leases: Forward-Looking Statements This news release includes certain information that may constitute 'forward-looking information' under applicable Canadian securities legislation. All statements, other than statements of historical facts, included in this news release that address future events, developments, or performance that the Company expects to occur (including management's expectations regarding the Company's objectives, strategies, financial condition, results of operations, cash flows and businesses) are forward-looking statements. Forward-looking statements are typically identified by future or conditional verbs such as 'outlook', 'believe', 'anticipate', 'estimate', 'project', 'expect', 'intend', 'plan', and terms and expressions of similar import. All forward-looking information in this news release is qualified by this cautionary note. Forward-looking information is necessarily based upon various estimates and assumptions including, without limitation, the expectations and beliefs of management related to the factors set forth below. While these factors and assumptions are considered reasonable by the Company as at the date of this document in light of management's experience and perception of current conditions and expected developments, these statements are inherently subject to significant business, economic and competitive uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements and undue reliance should not be placed on such statements and information. 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Should one or more risk, uncertainty, contingency, or other factor materialize or should any factor or assumption prove incorrect, actual results could vary materially from those expressed or implied in the forward-looking information. Forward-looking statements made in this document are made as of the date of this document and the Company disclaims any intention and assumes no obligation to update any forward-looking statement, even if new information becomes available, as a result of future events, or for any other reasons, except as required by applicable securities laws. About Major Drilling Major Drilling Group International Inc. is the world's leading provider of specialized drilling services in the metals and mining industry. The diverse needs of the Company's global clientele are met through field operations and registered offices that span across North America, South America, Australia, Asia, Africa, and Europe. Established in 1980, the Company has grown to become a global brand in the mining space, known for tackling many of the world's most challenging drilling projects. Supported by a highly skilled workforce, Major Drilling is led by an experienced senior management team who have steered the Company through various economic and mining cycles, supported by regional managers known for delivering decades of superior project management. Major Drilling is regarded as an industry expert at delivering a wide range of drilling services, including reverse circulation, surface and underground coring, directional, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, underground percussive/longhole, and surface drill and blast, along with the ongoing development and evolution of its suite of data and technology-driven innovation services. Webcast/Conference Call Information Major Drilling Group International Inc. will provide a simultaneous webcast and conference call to discuss its quarterly results on Thursday, June 12, 2025 at 8:00 am (EDT). To access the webcast, which includes a slide presentation, please go to the investors/webcasts section of Major Drilling's website at and click on the link. Please note that this is listen-only mode. To participate in the conference call, please dial 416-340-2217, participant passcode 5509648# and ask for Major Drilling's Fourth Quarter Results Conference Call. To ensure your participation, please call in approximately five minutes prior to the scheduled start of the call. For those unable to participate, a taped rebroadcast will be available approximately one hour after the completion of the call until Sunday, July 6, 2025. To access the rebroadcast, dial 905-694-9451 and enter the passcode 3742746#. The webcast will also be archived for one year and can be accessed on the Major Drilling website at . For further information: Ryan Hanley Director, Corporate Development & Investor Relations Tel: (506) 857-8636 Fax: (506) 857-9211 ir@ MAJOR DRILLING GROUP INTERNATIONAL INC. SELECTED FINANCIAL INFORMATION FOR THE THREE AND TWELVE MONTHS ENDED APRIL 30, 2025 AND 2024 (in thousands of Canadian dollars) SEGMENTED INFORMATION The Company's operations are divided into three geographic segments corresponding to its management structure: Canada - U.S.; South and Central America; and Australasia and Africa. The services provided in each of the reportable segments are essentially the same. The accounting policies of the segments are the same as those described in note 4 presented in the Notes to Consolidated Financial Statements for the year ended April 30, 2025. Management evaluates performance based on earnings from operations in these three geographic segments before finance costs, general and corporate expenses, and income tax. Data relating to each of the Company's reportable segments is presented as follows: *Canada - U.S. includes revenue of $27,375 and $36,679 for Canadian operations for the three months ended April 30, 2025 and 2024 respectively, and $102,596 and $130,378 for the twelve months ended April 30, 2025 and 2024 respectively. **General and corporate expenses include expenses for corporate offices, stock options and certain unallocated costs.

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