The strategic alliance is in the form of a “Mentor-Protégé” arrangement pursuant to applicable rules of the Federal Acquisition Regulation (the “Alliance”). The Alliance allows for the bidding on government contracts utilizing Epic’s small business status while leveraging SSI’s 40+ years of past performance.
“We are pleased to announce this important Alliance with Epic,” said
“We are delighted to embark on this new strategic journey with Castellum. With confidence in the synergies between our entities, we look forward to utilizing Castellum’s vast experience and our focused IT expertise in data analytics, cloud services, and in development, security, and operations (“DevSecOps”). We are confident that this Alliance will be a great win-win for our companies,” said
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About Castellum, Inc.
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This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements represent the Company’s expectations or beliefs concerning future events and can generally be identified by the use of statements that include words such as “estimate,” “project,” “believe,” “anticipate,” “shooting to,” “intend,” “plan,” “foresee,” “likely,” “will,” “would,” “appears,” “goal,” “target,” or similar words or phrases. Forward-looking statements include, but are not limited to, statements regarding the Company’s expectations for revenue growth and new customer opportunities, improvements to cost structure, and profitability. These forward-looking statements are subject to risks, uncertainties, and other factors, many of which are outside of the Company’s control, that could cause actual results to differ materially from the results expressed or implied in the forward-looking statements, including, among others: the Company’s ability to compete against new and existing competitors; its ability to effectively integrate and grow its acquired companies; its ability to identify additional acquisition targets and close additional acquisitions; the impact on the Company’s revenue due to a delay in the
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Contact: Info@castellumus.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/baf625c8-402b-4434-a68a-d0a2ab66bb95
Castellum, Inc. Announces New Strategic Alliance
Castellum, Inc. (NYSE-American: CTM) announces a new strategic alliance between its subsidiary Specialty Systems, Inc. (“SSI”) (www.specialtysystems.com) and Epic Systems, Inc. (“Epic”) (www.epicinfotech.com) - http://castellumus.com.
2024 GlobeNewswire, Inc., source