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Multi-Million Dollar Agreement for Professional Services Will Improve Biomedical and Endpoint Security at Health System

Austin, TX, July 11, 2018 — CynergisTek
, (NYSE AMERICAN: CTEK), a leader in healthcare cybersecurity and information management, today announced that one of the largest health systems in the U.S. has selected to expand its agreement with CynergisTek for Professional Services. Under the terms of the multi-million dollar contract, CynergisTek will place additional security resources in the health system to augment the organization’s existing security team, helping to overcome the security personnel shortage facing the healthcare industry.

As the global cybersecurity workforce deficit is estimated to reach 1.8 million individuals by 2022, CynergisTek is seeing an increasing demand for its Professional Services offering, which helps healthcare organizations overcome this staffing challenge. In this new engagement, CynergisTek will provide full-time, credentialed and experienced security professionals to provide onsite and remote support at nearly 30 of the health system’s locations.

The large, multi-site health system turned to CynergisTek as it looked to design and implement security programs for biomedical and endpoint devices, such as computers, printers, and other network-connected devices. Specifically, the health system expanded its relationship with CynergisTek to assist the organization’s efforts to implement the Cisco Identity Services Engine solution, which streamlines security functions like a threat and vulnerability detection, and other network security efforts. CynergisTek will also conduct business associate security reviews to enhance the organization’s overall privacy program.

“We continue to see healthcare organizations of all sizes struggle to recruit and retain talented cybersecurity professionals, which are critical for addressing the evolving threat landscape,” said Mac McMillan, CEO and President, CynergisTek. “This newly expanded engagement, which is the largest in CynergisTek history, is a testament to a successful prior relationship with this health system. It also demonstrates the growing demand for security experts to help manage comprehensive security initiatives that address all potential threats and vulnerabilities, including those associated with network-connected devices.”

CynergisTek’s Professional Services offering provides organizations with qualified staff and expertise for short and long-term staffing, program remediation, program development and technology implementation projects, and also includes the Virtual CISO (Chief Information Security Officer) and Virtual Privacy Officer programs. As the worldwide demand for cybersecurity professionals continues to outpace the growth of the talent pool, healthcare entities working with CynergisTek can access support from experts with extensive experience operating security and privacy programs at healthcare organizations nationwide to supplement existing resources in a customizable, cost-effective manner.

To learn more about CynergisTek’s Professional Services offering, visit https://cynergistek.com/professional-services/.

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.


Media Contact:
Danielle Johns
Senior Account Executive
Aria Marketing
(617) 332-9999 x241

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