WASHINGTON, Nov. 27 /PRNewswire-FirstCall/ -- CYIOS Corporation (BULLETIN BOARD: CYIO) announced today that the company successfully completed its DCAA audit and that they have launched a Web site that outlines the size and scope of the contract. "We completed the audit using our software product CYIPRO. Similar to the Deltek accounting package, CYIPRO provides total accountability of work accomplished while also building corporate intellectual bandwidth," stated CEO Timothy Carnahan. The Web site will also track task orders awarded and communicate to potential customers CYIOS' support services for all NAVSEA program executive offices, directorates, and field activities. CYIOS has one teaming partner named Serco, http://www.serco-na.com/. The U.S. Navy plans to spend $5 billion each year using this contract vehicle. It has a possible term of 12 years.
Please visit http://www.cyios.com/ and http://www.cyipro.com/ for company information and http://www.navsea.navy.mil/ for NAVSEA information.
Forward Looking Statements:
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or written statements made or to be made by CYIOS Corporation) contains statements that are forward-looking, such as statements relating to consummation of the transaction, anticipated future revenues of the companies and success of current product offerings. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ materially from those expressed in any forward-looking statements made by or on behalf of CYIOS Corporation.
CONTACT: CYIOS Corporation The Ronald Reagan Building Washington, DC 20004 Timothy W. Carnahan, CEO 202.742.8984
