Cyco.net Inc.'s OSSI FY 2004 Forecast.Business Editors ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Dec. 16, 2003 Today, Richard Urrea, president of Cyco.net Inc., (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : CYKE CYKE Cyber Knife (gaming clan) ) announces: OSSI FY 2004 Forecast. Orion Security Services Security services are state institutions for the provision of intelligence, primarily of a strategic nature, but also including protective security intelligence. Examples include the Security Service (MI5) and the Secret Intelligence Service (MI6) in the United Kingdom, and the Inc. forecasts bookings for fiscal year 2004 to be approximately $66,000,000 for combined orders of the Video Surveillance Systems and the Secure Computer Network and Management Solutions. Based upon sales-related activity to both the U.S. government and the commercial market sectors over the last six months of 2003, the company anticipates the booking forecast to be comprised of orders totaling 770 units of the SatSecure Video Surveillance System and 80 units of the ComSecure Controller Network Management Solution. The company believes it can achieve $32,000,000 in sales revenue for FY 2004 with a resulting pretax pre·tax adj. Existing before tax deductions: pretax income. pretax adj [profit] → vor (Abzug der) Steuern net profit combined for U.S. government and commercial sales of 18 percent. Orion Security Services Inc. is involved in Secure Computer Network and Management Solutions and Video Surveillance Systems via Satellite Communication and is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. with operations in Virginia. This release contains statements that constitute forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of Section 27A of the Securities Act of 1933, as amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. , and Section 21E the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial condition or results of operations; (iii) the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. |
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