CynergisTek Extends Managed Print Services (MPS) Contract with Yale New Haven Health

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Leading Northeast Health System Renews Partnership with Top Information Management and Security Firm

Austin, TX, August 8, 2018 — CynergisTek, (NYSE AMERICAN: CTEK), a leader in healthcare cybersecurity and information management, today announced that Yale New Haven Health System (YNHHS) has renewed and extended its Managed Print Services (MPS) contract with the company. YNHHS, the largest health system in Connecticut, initially engaged with CynergisTek in 2015 to leverage its MPS services to drive financial and operational improvements.

CynergisTek’s MPS program supports 10,856 YNHHS devices, including, printers, copiers, faxes, scanners, thermals, and specialty printers (label and wristband printers) across 230 of the health system’s numerous locations. Through detailed assessments of YNHHS’ existing print structure, CynergisTek provided immediate savings by addressing the thermals and high color print volume, while providing greater device support and integration. With the extended contract, YNHHS will realize continued savings through a collaborative effort to reduce color volume by implementing technology and training and decreasing print output. This comprehensive approach allows for superior pricing, customer service, and technology, and can be customized to address the complex print environment that exists in healthcare.

“We are proud that such a renowned institution has gotten so much value out of our MPS solutions that it has decided to renew our agreement. With our support, YNHHS is able to focus on its primary task of providing quality patient care while ensuring security and compliance across its enterprise,” said Mac McMillan, CEO, and President at CynergisTek. “Under this new contract, we will continue to work with YNHHS to help achieve significant cost savings while at the same time eliminating administrative inefficiencies.”

CynergisTek MPS services entail managing and optimizing a high-volume print environment while reducing the security vulnerabilities of associated devices. The company is at the forefront of providing specialized knowledge of hospital print environments that ensures cost reduction through continuous process improvements and operational efficiency.

About CynergisTek Inc.

CynergisTek is a top-ranked cybersecurity and information management consulting firm dedicated to serving the healthcare industry. CynergisTek offers specialized services and solutions to help organizations achieve privacy, security, compliance, and document output management goals. Since 2004, the company has served as a partner to hundreds of healthcare organizations and is dedicated to supporting and educating the industry by contributing to relevant industry associations. The company has been named in numerous research reports as one of the top firms that provider organizations turn to for privacy and security and won 2017 Best in KLAS award for Cyber Security Advisory Services.

Forward-Looking Statements

This release contains certain forward-looking statements relating to the business of CynergisTek that can be identified by the use of forward-looking terminology such as “believes,” “expects,” “anticipates,” “may” or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties, including uncertainties relating to product/service development, long and uncertain sales cycles, the ability to obtain or maintain patent or other proprietary intellectual property protection, market acceptance, future capital requirements, competition from other providers, the ability of our vendors to continue supplying the company with equipment, parts, supplies and services at comparable terms and prices and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Some of these risks and uncertainties are or will be described in greater detail in our Form 10-K and Form 10-Q filings with the Securities and Exchange Commission, which are available at Sec.gov. CynergisTek is under no obligation (and expressly disclaims any such obligation) to update or alter its forward-looking statements whether as a result of new information, future events or otherwise.

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Media Contact:
Danielle Johns
Senior Account Executive
Aria Marketing
(617) 332-9999 x241
djohns@ariamarketing.com

Investor Relations Contact:
Bryan Flynn
CynergisTek, Inc.
(949) 357-3914
InvestorRelations@cynergistek.com

August 8th, 2018|

About the Author:

Jana Langhorne
Jana Langhorne is the senior director of marketing for CynergisTek, Inc. She manages all of CynergisTek’s marketing and PR efforts, provides support to the sales teams and provides administrative leadership for the executive team. Jana has over thirteen years of combined experience in marketing, sales support and project management.