Exhibit 99.1
Exclusive Interview with Cycurion (Nasdaq: CYCU) CEO L. Kevin Kelly Discussing the Company's Largest Contract Award and Expansion of Its Diversified Cybersecurity Growth Strategy
Tue, October 13, 2026 at 8:00 AM EDT
CYCU is Delivering Increasingly Important Cyber Protective Services in Both the Public and Private Sectors
MCLEAN, Va., Oct. 13, 2026 (GLOBE NEWSWIRE) -- Cycurion, Inc. (NASDAQ: CYCU) ("Cycurion" or the "Company"), a leading provider of AI-driven cybersecurity and public safety technology solutions, today announced the release of an exclusive CEO Interview with Kevin Kelly. Cycurion, Inc. is a tech-enabled cybersecurity firm that serves some of the most complex government agencies and corporations in the world, including Fortune 100 and Fortune 500 companies. Cycurion brings an unparalleled blend of vision, technology, and experience to every project.
On October 8, 2026 CYCU CEO L. Kevin Kelly sat down with Corporate Ads to conduct the following interview for CYCU shareholders and other investors. This transcript is exclusive to the distribution of the Corporate Ads investor awareness program.
Corporate Ads:
Mr. Kelly, thank you for meeting with us today for the benefit of our audience. CYCU shareholders have been seeing a lot of important developments from your company in 2026 so we would like to cover and detail some of the key news that CYCU has been issuing recently.
To begin with, CYCU has announced a $54.6 million, 10-year contract award, the largest in your Company's history. Please tell us more about this very significant achievement.
L. Kevin Kelly:
This is the largest award in Cycurion's history, and we're proud of it. It's a 10-year, $54.6 million contract, through a global consulting firm, to modernize and securely operate a major state Health and Human Services system. Work starts in November. We're going to staff it the right way, hiring selectively and bringing on the right people to deliver. Revenue begins in the fourth quarter and will ramp gradually, building through 2027 toward more than $5 million in annual recurring revenue.
And this didn't happen by accident. A state agency trusted us with a decade-long, mission-critical program. That says a lot about our team, our cybersecurity depth, and the client relationships we've built over many years. It proves we can deliver at scale.
Corporate Ads:
Another high-profile accomplishment has been the CYCU acquisition of Digital Ally's Video Solutions business. What value do you feel this adds to your asset base?
L. Kevin Kelly:
It's a great fit. Digital Ally's Video Solutions business gives us an established public safety technology portfolio with approximately $5.5 million in annual revenue, more than $1.2 million in EBITDA, and more than 800 law enforcement agencies already using the products. We also picked up a strong portfolio of intellectual property. With
the deal closed, our pro-form annual revenue run rate is approximately $30 million. That is a very different company from the one many investors remember.
Corporate Ads:
And this acquisition moves CYCU more solidly into the increasingly important public safety sector, yes?
L. Kevin Kelly:
Absolutely. This deal brings recurring revenue, attractive margins, real technology, and a big cross-selling opportunity. Think abneedt: more than 800 agencies already trust these products, and every one of them needs cybersecurity. Law enforcement, emergency services, transportation, critical infrastructure. The need has never been greater, and we're right in the middle of it.
Corporate Ads:
CYCU has announced recent municipal and state-level engagements. So this sector does seem to be an area where the company can further its growth. But are you also pursuing higher level government contracts?
L. Kevin Kelly:
Yes, and that's exactly the plan. Public safety is a strategic foundation for us. It gives us long-term relationships, recurring revenue, and a platform for more of our cybersecurity and technology solutions. From there, we're going after larger federal opportunities and building new commercial offerings that accelerate growth and improve margins. We are not standing still.
Corporate Ads:
Does CYCU intend to expand its offensive cybersecurity capabilities through new technologies to identify vulnerabilities before organizations are breached?
L. Kevin Kelly:
This is the part of our strategy I'm most excited about. Several of our technology and product leaders were at Black Hat in Las Vegas this summer, and they came back with one clear message: we're on the right track. The market is moving to the offensive side, and that's exactly where we've been building. We call it digital intelligence: finding vulnerabilities and threats before the attackers do, instead of cleaning up after a breach. I believe this is going to be a game changer for Cycurion and for the market. You'll be hearing more from us about our products and go-to-market in the coming months. Stay tuned.
Corporate Ads:
Along those lines, another high value development CYCU has announced recently was for public safety engagements, including work supporting the City of Chicago forecast to generate approximately $843,028 in revenue during calendar 2026. The work includes CAD administration, go-live support and fire-department training. Can you break down what this project entails for CYCU?
L. Kevin Kelly:
Chicago is a great example of how our public safety business works. The 2026 forecast includes approximately $763,256 for Chicago go-live support, $22,645 for Chicago fire training, and $57,127 for a CAD administration position. If that CAD administration position continues at the current monthly rate for ten years, the projected aggregate value would be approximately $3.43 million. And Chicago is a showcase. Our capabilities span project
management, cybersecurity infrastructure, video systems, and in-car and body-worn camera technology, and we can bring all of it to every city we serve.
Corporate Ads:
CYCU has also made its first public announcement of a pharmaceutical AI Center of Excellence engagement, a NACCHO award, and additional commercial and public-health work. Can you give us some details on what is involved here and its value to the company's diversification goals?
L. Kevin Kelly:
Yes, and this is a market we're very excited about. We've secured several engagements totaling approximately $800,000 in annual contract spends, including a pharmaceutical-industry engagement supporting an AI Center of Excellence, a new award with the National Association of County and City Health Officials, and additional commercial and public health work.
Healthcare and life sciences is a primary growth market for us, right alongside our government and public safety franchise. The work spans business continuity and disaster recovery, technology and cybersecurity assessments, program management, organizational change management, and AI operating capability. These clients need what we do, and we're just getting started.
Corporate Ads:
Concerning the stock itself, CYCU is Nasdaq listed, and you recently confirmed that the stock has regained compliance with Nasdaq's bid price requirement. This is good news for shareholders. Can you give us the details?
L. Kevin Kelly:
It's a big milestone, and our team worked hard for it. On September 9, 2026, the Nasdaq Hearings Panel issued a decision setting a bid price condition, and we met it. On October 1, 2026, the Nasdaq Hearings Office confirmed by letter that Cycurion has regained compliance with the $1.00 minimum bid price requirement. Our stock continues to trade on the Nasdaq Capital Market, and that's where it belongs.
Corporate Ads:
And what is the present share structure on CYCU in the public markets?
L. Kevin Kelly:
We have approximately 3.2 million common shares outstanding, and every warrant and convertible security we have is detailed in our 10-Q for anyone who wants to check.
Corporate Ads:
What can you tell CYCU shareholders about dilution going forward?
L. Kevin Kelly:
I'll be straight with you. We need capital to fund our growth, so some dilution in the near term is likely. Zero dilution isn't realistic for a company at our stage, and I'm not going to pretend otherwise. We're doing everything we can to keep it to a minimum and have turned down most offers because the terms weren't right for shareholders. Our August warrant deal brought in about $4.5 million and helped us close the Digital Ally acquisition, which adds approximately $5.5 million in annual revenue and more than $1.2 million in EBITDA. That's how we think about dilution: it has to build the business. Looking ahead, we've had positive conversations with banks about
conventional bank financing, which we expect to pursue in the new year. Whatever we do, we'll announce it promptly, including its effect on the share count.
Corporate Ads:
CYCU has completed two reverse splits to maintain its Nasdaq listing. What can you say about investor speculation that another may be needed?
L. Kevin Kelly:
I get it. Nobody wants another one, including me. We regained compliance on October 1, and we're under a Panel Monitor through October 1, 2027. Our plan is to stay compliant the right way, by growing the business. Based on our current plans, we do not anticipate needing another reverse split.
Corporate Ads:
Regarding the CYCU financial position, you have already told shareholders you expect to reach break-even and cash-positive operations by the second quarter of 2027. What can you add at this time on this prediction?
L. Kevin Kelly:
Let me be clear: we said we would be at break-even and have positive operating cash flow by the second quarter of 2027, and that is still our target. We're already moving in the right direction. Our second-quarter gross margin rose to 29.1% from 6.1% a year earlier, our adjusted EBITDA loss narrowed to $1.4 million from $2.1 million, and we've put more than $2.2 million in annualized cost savings in place. There's only one way to get the rest of the way, and that's by winning work, executing, and growing, both organically and through acquisitions. With the acquisitions we've made, the contracts we've won, the momentum we're seeing, and the talented people we've added, we expect to keep growing, and we're excited to keep doing it. We'll report our progress every quarter, so you can hold us to it.
Corporate Ads:
The short-term trading pattern of CYCU stock is sometimes erratic and prone to significant moves in both directions. This can be frustrating for some investors, even considering the overall positive growth story for the company. What can you comment on about this pattern?
L. Kevin Kelly:
I share that frustration. But let's be realistic: no company, not Cycurion and not IBM, can distribute a press release every day. We release news when we have news, and we file an 8-K whenever one is required. We can't control day-to-day trading, but we can control how we communicate. When we announce a contract, we'll say where we're permitted to, when revenue is expected to start and whether it's already in our backlog, so you can match our announcements to our results.
Corporate Ads:
The bull case for CYCU is the $54.6 million award, 800-plus agency customers from Digital Ally, Secuvant, and a projected ~$30 million run rate. However, these announcements have not shown up as recognized revenue, margins, or cash yet. Do you feel some investors are waiting for more verification before making a stronger commitment to the stock at this time?
L. Kevin Kelly:
Let's talk about whether the revenue is real, because it is. You'll see these contracts show up in our reported results, which are subject to federal securities laws and reviewed by an independent accounting firm. Digital Ally Video
Solutions adds more than $5 million in annual revenue and more than $1.2 million in EBITDA. Secuvant is expected to add approximately $3 million in annualized revenue and $1.5 million in EBITDA this year. We've closed 41 new awards so far this year, and HHS revenue begins in the fourth quarter.
Corporate Ads:
In the big picture, to enhance CYCU shareholder value, what accomplishments do you feel are contributing the most that investors should appreciate?
L. Kevin Kelly:
Honestly, I don't think people realize how much we've already done. When we went public, we inherited a lot: legacy debt, expensive financing arrangements, and the interest that came with them. In 2025 alone, we cut net debt by more than 70%, from $10.5 million to just under $3 million. People forget that, and it's critical for this company's future. If anyone doubts what we've accomplished, go back and read our filings, especially the proxy statement from before we went public, and look at the debt we inherited. Now you're seeing the results of our cost-cutting and liability management, and we're going to keep at it. When we presented it to the Nasdaq Hearings Panel, this cleanup was central to our case: we were fixing the balance sheet and growing the business at the same time. Cycurion is a very different company than it was five months ago, and I believe our best chapter is still ahead of us.
Corporate Ads:
Any final message for CYCU shareholders?
L. Kevin Kelly:
First, thank you. To everyone who has stuck with us: I know it hasn't been easy. It's been choppy, and it will probably stay choppy in the near term. But I'm confident in the company we're building, and I believe our long-term shareholders will be glad they invested in Cycurion and stayed with us. Many of you reach out to share your thoughts and what you're hearing, and that matters to me. As I said on a podcast a couple of weeks ago: do your own work. Read our filings, not the message boards. And if you're looking for a miracle stock that goes up 1,000%, you're in the wrong company. We've laid out a plan, we're executing it, and you'll hear much more soon about the products and services we're about to launch and how we see 2027.
Corporate Ads:
Thank you, L. Kevin Kelly, CEO of Cycurion, Inc., for your time and valuable insights today. We always appreciate the opportunity to learn more about a strong developing growth story like CYCU direct from the CEO who is always the best source of investor information. Many investors should benefit from the discussions of everything we covered here today.
About Cycurion, Inc.
Cycurion, Inc. (Nasdaq: CYCU) is a technology-enabled cybersecurity and IT services company focused on protecting organizations against increasingly sophisticated cyber threats. The company provides cybersecurity, managed services, information assurance, systems engineering, risk management, IT infrastructure and other technology solutions to government agencies and corporate clients. Cycurion also combines AI-driven technologies with cybersecurity, secure communications, digital investigations and public-safety technologies to create a broader, integrated security platform.
Mission
Cycurion's mission is to develop and deliver world-class, cutting-edge IT and cybersecurity solutions that optimize clients' technology environments, strengthen security and help organizations operate securely, efficiently and
reliably. The company's current strategy is increasingly centered on AI-enhanced cybersecurity, higher-margin managed services and mission-critical solutions for federal, state and local government and enterprise customers.
Cycurion was incorporated on October 12, 2017, in Delaware.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Such statements include, but are not limited to, the expected revenue, EBITDA and other anticipated financial and operational benefits arising from the acquisition of the Digital Ally video solutions business (the "Business"); statements regarding the anticipated commercial benefits of the Company's patents, including expected expansion of the Company's customer base and expected effects on customer retention; statements regarding the scope, validity, enforceability, and remaining term of the Company's issued patents; statements regarding the availability of the patented functionality across the Company's installed base of deployed systems; statements regarding the number of client relationships acquired in the Business; statements regarding the Company's pro forma gross revenue run rate; statements regarding the Company's execution of its strategic plan; the anticipated benefits, timing, and integration of pending or completed acquisitions; the performance of and revenue expected from government and commercial contracts; the development and commercialization of the Company's AI-enabled cybersecurity platforms, including ARx; the Company's expectations regarding its path to profitability; the Company's ability to regain or maintain compliance with the continued listing standards of the Nasdaq Stock Market; and the conduct, timing, and outcome of the Company's investigations and any related legal proceedings. Forward-looking statements may be accompanied by words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "should," "will," and similar expressions.
Exhibit 99.2
Cycurion Relaunches as a Predictive Cybersecurity Company, Powered by AI and Led by Former Intelligence Community and Private-Sector Cyber Experts
October 14, 2026
New team of former Intelligence Community and private-sector experts; first AI-driven capability expected in the coming weeks, platform in early 2027
MCLEAN, Va., Oct. 14, 2026 (GLOBE NEWSWIRE) -- Cycurion, Inc. (Nasdaq: CYCU) (“Cycurion” or the “Company”), a trusted leader in IT cybersecurity and AI-driven solutions, today relaunched as a predictive cybersecurity company, built around a newly assembled team of former U.S. Intelligence Community and private-sector cyber experts. Instead of racing to clean up after a breach, Cycurion is building AI-driven technology designed to see an attack forming and help stop it before operations are touched. The first capability is expected in the coming weeks. The standard is simple to say and hard to meet: see the attack before it surfaces.
A data breach now costs a record $4.99 million on average and $11.5 million in the United States, according to IBM’s 2026 Cost of a Data Breach Report. It takes 247 days to find and contain one. Nearly two-thirds of the cost comes from detection, escalation, and lost business. The expensive part is finding it late.
For more than a decade, the industry’s answer has been to react faster. Cycurion is betting on something different: seeing it first. Prediction is not a speed problem. It is a context problem. An alert becomes intelligence only when it is tied to what an organization is, which systems it cannot afford to lose, and how an adversary selects and tests a target. That is how Cycurion’s new team approaches the problem: from the adversary’s side.
“Everyone is trying to answer the alarm faster. We want to know which alarm matters before the attacker makes a move,” said L. Kevin Kelly, Chairman and Chief Executive Officer of Cycurion. “The answer is context, not speed. That is a different premise, and we have rebuilt the company and its team around it. We intend to be measured on disruption avoided, not alerts closed.”
What is coming
Three principles drive everything Cycurion is building: context over volume, anticipation over reaction, and offense-informed defense.
The strategy is moving into product on a clear timeline:
•In the coming weeks. An AI-driven security operations capability that triages, validates, and prioritizes threats, with offensive testing of the client’s own environment built in. It studies the client the way an attacker would, so attacker behavior becomes forward intelligence rather than a forensic record.
•This quarter. Cycurion re-releases its Panoptic platform as an enhanced web application. Panoptic already ranks risk by asset, threat vector, and exploitability, and that logic is the foundation of what follows.
•Early 2027. A unified predictive intelligence platform that brings intelligence, telemetry, 24/7 managed operations, and third-party integrations into one view of the attacks forming against the systems a client cannot afford to lose, ranked by operational impact rather than alert count.
Both are being designed to scale to organizations of all sizes, from small and midsize businesses to the most sensitive government agencies. The Company will announce names, availability, and packaging as each capability moves to release.
“Automating workflows around alerts that are mostly noise just gets you to the wrong answer faster,” said Danny White, Chief Product Officer of Cycurion. “We are building the view that lets our clients move first.”
Built for the missions that cannot pause
When these attacks land, it is not an IT problem. It is a benefit payment that stops. A 911 center that goes dark. An evidence system that can no longer prove its chain of custody. A clinical workflow that cannot trust its own records. Revenue that does not come back.
Cycurion already knows these missions. Through SLG Innovation, the Company has served federal, state, and local agencies for more than fifteen years, across more than thirty agencies and two thousand engagements, and it operates a 24/7 security operations center today. This is not a market being entered. It is the market already served, and the platform is being built so the same predictive view can be delivered to a federal program office, a county, a hospital, or a growing business on the terms each one requires.
And it is designed to get sharper with every client. Every new data source, client, and engagement adds context, and every added layer of context sharpens the prediction. When the mission matters, security cannot be an afterthought. It has to be predictive.
Future Capabilities
This press release discusses capabilities that are under development, including an AI-driven security operations capability and a unified predictive intelligence platform, and the Company’s intended timing for them. Any such capabilities, timing, and packaging are subject to change. References to planned availability describe strategic intent, not a committed release date or a guarantee of performance. Clients should make purchasing decisions based on features that are currently available.
Industry cost figures
Breach-cost and breach-lifecycle figures in this release describe the market. They are from IBM’s 2026 Cost of a Data Breach Report, conducted by the Ponemon Institute and based on breaches at 602 organizations between March 2025 and February 2026. They are not results of Cycurion or any Cycurion client, and nothing in this release should be read as a forecast of savings.
About Cycurion, Inc.
Based in McLean, Virginia, Cycurion (NASDAQ: CYCU) is a forward-thinking provider of IT cybersecurity solutions and AI, committed to delivering secure, reliable, and innovative services to clients worldwide. Specializing in cybersecurity, program management, and business continuity, Cycurion harnesses its AI-enhanced platform and expert team to empower clients and safeguard their operations. Along with its subsidiaries, Axxum Technologies LLC, Cloudburst Security LLC, Cycurion Innovation, Inc., and Cycurion Digital Ally. Cycurion serves government, healthcare, and corporate clients committed to securing the digital future. For more information, visit www.cycurion.com.
Forward-Looking Statements
This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to the operations and prospective growth of Cycurion’s business, the Company’s strategy and vision, and the development, timing, performance, and benefits of the capabilities described in this press release.
Certain statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Such statements include, but are not limited to, statements regarding the anticipated development, capabilities, performance, and benefits of the AI-driven security operations capability, the enhanced Panoptic web application, and the unified predictive intelligence platform; the expected timing of their release, including in the coming weeks, this quarter, and early 2027; the ability of those capabilities to scale to organizations of all sizes and to improve as data sources, clients, and engagements are added; the timing of future announcements regarding names, availability, and packaging; the markets the Company intends to serve; the intended measure of disruption avoided; and other statements that are not historical facts. Words such as “aim,” “continue,” “will,” “may,” “could,” “should,” “expect,” “expected,” “plans,” “intend,” “intended to,” “designed to,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “seek,” and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Cycurion and are difficult to predict. Examples of such risks and uncertainties include, but are not limited to: delays in, or changes to, the development, testing, or release of the capabilities described in this press release; development and integration risk; the risk that those capabilities, including their AI models and predictive outputs, do not perform as designed or as accurately as anticipated; dependence on third-party technology, data sources, and integration partners; the Company’s ability to fund development and commercialization; the Company’s ability to attract and retain key personnel, including its newly assembled team; client adoption and market acceptance of a predictive approach to cybersecurity; competition; government contracting and certification requirements; cybersecurity incidents affecting the Company or its clients; the outcomes of the Company’s investigations; any potential legal proceedings; and the future performance of the Company’s stock. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K filed by Cycurion with the U.S. Securities and Exchange Commission. Cycurion anticipates that subsequent events and developments may cause its plans, intentions, and expectations to change. Cycurion assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Cycurion’s plans and expectations as of any subsequent date.
Cycurion Investor Relations:
(888) 341-6680
investors@cycurion.com
Cycurion Media Relations:
(888) 341-6680
media@cycurion.com
