CYIOS Competes and Employees Recognized.WASHINGTON -- Please replace the release with the following corrected version due to multiple revisions. The corrected release reads: CYIOS COMPETES AND EMPLOYEES RECOGNIZED CYIOS Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:CYIO) announced today that it submitted a proposal for an $11 million, 5 year contract with a branch of the U.S. Military and received new accolades from the U.S. Army Headquarters CIO/G-6. CYIOS put together a team with three other small businesses, to propose an $11 million multi-service project for a branch of the U.S. Military. Due to the fact that the proposal is a competitive bid on a contract that currently exists with another vendor, the company can not release any other information at this time, except that a decision on this proposal should come in October 2006. CYIOS also announced that it just received three separate letters of commendation COMMENDATION. The act of recommending, praising. A merchant who merely commends goods he offers for sale, does not by that act warrant them, unless there is some fraud: simplex commendatio non obligat. for three of the company's employees on contract with the U.S. Army. The importance of receiving letters like this can not be stressed upon enough. It is through commendations such as these that give the company the ammunition needed to win new contracts. The company has completely overhauled its Web site at www.cyios.com. The "About Us" section now includes information on what sets the company apart from others and the tools needed to win government contracts. The "Solutions" section shows the company's most popular service and solution offerings. "CYIOS is about our employees and as for CYIOS HQ operations, we have to give our employees the tools to be successful and show results. Our engineers study all the latest technology for many reasons but foremost is to provide the glue between the delta of legacy solutions to present and future solutions. The Government's business processes are in constant flux; we call this an ECO E·co , Umberto Born 1932. Italian writer best known for his novels, including The Name of the Rose (1981). He has also written extensively on semiotics and British and American popular culture. System. We've created a methodology for managing the ECO System--it's called 'BUMES' (Business Unit Methodology Eco System). Similar to other management practices, such as Fifth Discipline, Lean Six Sigma Lean Six Sigma is a business improvement methodology which combines (as the name implies) tools from both Lean Manufacturing and Six Sigma. Lean manufacturing focuses on speed and traditional Six Sigma focuses on quality. By combining the two, the result is better quality faster. and CMMI See CMM. , BUMES helps CYIOS bring Business Transformation to fruition and with great employees, we are successful. The recent recognition included Hai Nguyen, Chris Presby and Jeff Twiford," stated Tim Carnahan, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CYIOS Corporation. For more information about the company please visit http://www.cyios.com. For more information about XO Office, the company's product, please visit http://www.xooffice.com. Forward Looking Statements: The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 provides a "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by CYIOS Corporation) contains statements that are forward-looking, such as statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc 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. |
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