THE WOODLANDS, TEXAS, Dec. 12, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Optium Cyber Systems, Inc. (OTC:OCSY) is pleased to announce that it has entered into a non-binding Letter of Intent (LOI) to acquire an organic cannabidiol development and marketing company. The target company (the ‘Acquisition’) has a complete product line which is generating sales and poised for significant growth. The LOI provides the basis of a transaction where Optium will acquire 100% ownership in exchange for restricted stock with the target acquisition being established as a wholly owned subsidiary. Current security and cyber security operations will continue to operate independently to the target acquisition.

“As previously announced, this new opportunity came by way of a former director and officer of Optium Cyber Systems,” stated George Rutherford, President of Optium Cyber Systems, Inc. “This is a turn-key situation with existing products, revenue, and infrastructure and will operate independently as a wholly owned subsidiary. We see this as a great opportunity to add shareholder value,” concluded Mr. Rutherford.

About Optium Cyber Systems, Inc.

Optium Cyber Systems, Inc.  (‘Optium’) is a cyber security consulting company that has developed a process to analyze, identify and address cyber security vulnerabilities in an organization’s critical IT infrastructure which is scalable to any size organization in any industry. Optium Cyber Systems, Inc. recently entered into an agreement to acquire 100% of the outstanding ownership interest of Iron Man Protection, LLC.  Optium Cyber Systems, Inc. is a publicly traded company having its common shares quoted on the OTC Markets under the symbol OCSY.

Contact Information

Investor Relations
Ten Associates LLC

11529 N. 120th St.

Scottsdale, Arizona

85259 USA

Telephone: 480-326-8577

Contact: Thomas E. Nelson

Email: tenassociates33@gmail.com

Optium Cyber Systems, Inc.

8350 Ashlane Way, Suite 104

The Woodlands, Texas

77382 USA

Contact: George Rutherford

Telephone: 936-727-9262

Email: rock@ocis.ltd

Web: www.optiumcyber.com

Forward-Looking Statements

Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Optium Cyber Systems, Inc.'s filings with OTC Markets, which may identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.

Safe Harbor Statement

This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions, sector changes and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success; the level of expenditures necessary to maintain and improve the quality of services; changes in the economy; changes in laws and regulations, including codes and standards, intellectual property rights, and tax matters; or other matters not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.