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Cybergy CEO Featured on the Cover of Opportunist Magazine, Discusses Cybercrime and SmartFileMark Gray, Chairman and CEO of Cybergy Partners, Inc., is featured in the current (June 2nd, 2015) issue of Opportunist Magazine discussing the company's role in cybersecurity, in particular developing and securing a "smart" electrical grid, and renewable energy. The cover story also discusses Cybergy's premier product - SmartFile - which provides real-time document intelligence by connecting almost any digital document, including the most popular computer file types, to the internet. On the topic of cyber-threats and cybersecurity efforts, Mr. Gray points out that the FBI ranks combating cybercrime as one of the nation's top law enforcement activities and that the Center for Strategic and International Studies estimates that cybercrime costs the global economy about $445 billion each year. "Last year cyberattacks rose 40 percent and the dollar damage from cyberattacks and intellectual property theft grew 40 percent as well while solutions only grew by 18 percent," Mr. Gray said in the article. "The Sony hack and the cyberattacks on the retail chain Target (News - Alert) were two high-profile examples, but attacks aren't just limited to what we see in the news." "We believe that, managed and distributed properly through the right array of channel partners, SmartFile could do for computing what caller ID did for telecommunications. One day in the future, when you take your tablet or smartphone out of the box, SmartFile may already be built into the system," he said. The full interview is available at http://opportunistmagazine.com/cracking-down-on-cybercrime/. Non-Cash Dividend Proposed: In a separate development, Mr. Gray also announced he is recommending that the Board of Directors of Cybergy Partners' parent company, Cybergy Holdings, Inc. (OTC: CYBG), approve a non-cash dividend to all the company's common shareholders of record. He explained the plan as follows: "Today I have made a recommendation to the Board of Directors that Cybergy Holdings issue a non-cash dividend to all our common shareholders of record, such that for every one hundred (100) shares of Cybergy Holdings that an investor owns, he or she would receive additional shares as a non-cash dividend. I plan on arranging a meeting of the Board of Directors to discuss the dividend and, if approved, select the effective date for the distribution of shares." About Cybergy Holdings, Inc. Cybergy Holdings, Inc., is a national leader in cybersecurity, smart grid technologies, renewable energy and mission-oriented government services. Headquartered in Englewood, Colorado, Cybergy Holdings' team of approximately 100 employees delivers innovative technical and management services through its 3 divisions: Cybergy Labs, an award-winning developer of specialized cybersecurity software applications, including SmartFile; New West Technologies, which was founded in 1996 and provides clean, smart, and reliable energy solutions and is a 5 time winner of the Inc. 500/5000 fastest growing private companies in America; and Primetrix, which serves U.S. Federal Government contractor firms with contract procurement, compliance, and growth services. For more information, please visit www.cybergypartners.com. For the complete article on Cybergy in Opportunist Magazine visit: http://www.cybergypartners.com/2015/06/02/cybergy-partners-featured-in-opportunist-magazine/ View source version on businesswire.com: http://www.businesswire.com/news/home/20150604005453/en/ |
