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Cycurion Expects MoU With Kustom Entertainment To Contribute ~$5.1M In Annual Revenue, ~$8M Backlog Of Established Contracts, Recurring Subscription Revenue
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Cycurion, Inc. (NASDAQ: CYCU) ("Cycurion" or the "Company"), a leading provider of AI-driven cybersecurity, IT security solutions, and managed services, today provided an update on the revised non-binding Memorandum of Understanding ("MOU") with Kustom Entertainment, Inc. (NASDAQ:KUST) ("Kustom") for the acquisition of Kustom's legacy video solutions segment (the "Business"). The transaction is expected to contribute approximately $5.1 million in annual revenue and an estimated $8.0 million backlog comprised of established contracts and recurring subscription revenue. These figures are based on the pro forma financials jointly prepared by both parties and are consistent with the segment's historical performance.

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