Global health technology leader renews several contract extensions worth more than $300,000

AUSTIN, Texas–(BUSINESS WIRE)–CynergisTek, Inc. (NYSE American: CTEK), a leading cybersecurity, privacy, compliance and IT audit firm that helps organizations in highly regulated industries solve emerging security and Privacy Policy, announces that a well-known medical device manufacturer is renewing several Data Privacy and Compliance Agreement Extensions worth over $300,000. The globally recognized organization is extending its seven-year relationship with CynergisTek through 2023 to support its operations in 150 countries.

CynergisTek provides its long-time client with robust data privacy program support services to assist with ongoing compliance efforts, data protection and risk advisory services. Through the Privacy Program, CynergisTek’s subject matter experts support data privacy-related projects to better manage risk and improve compliance. Clients receive strategic advice and personalized roadmaps to meet regulatory requirements and implement procedures to maintain a high level of compliance.

“We are seeing adoption of new services and extensions of existing engagements from our customer base,” said Walter Zuniga, managing partner of CynergisTek’s IT audit group. “As we continue to expand our leadership in safety and compliance, we continue to develop programs to meet new and upcoming regulatory requirements.”

“Expanding and extending relationships with existing customers like this is a testament to the high standards our teams have set to meet and exceed customer expectations,” said Mac McMillan, CEO of CynergisTek. “As we continue to experience strong retention and growth across our lines of business, we expect audit readiness and performance work to be important drivers for us through 2023 and beyond. .”

About CynergisTek, Inc.

CynergisTek is a leading cybersecurity consulting firm that helps organizations in highly regulated industries including healthcare, government and finance manage emerging security and privacy issues. CynergisTek combines intelligence, expertise, and a distinct methodology to validate an organization’s security posture and ensure the team is prepared, prepared, and resilient against threats. Since 2004, CynergisTek has been dedicated to hiring and retaining experts who bring real world experience and hold advanced certifications to support and educate the industry by contributing to relevant industry associations. For more information, visit www.cynergistek.com or follow us on Twitter or LinkedIn.

Caution Regarding Forward-Looking Statements

This press release contains certain forward-looking statements relating to CynergisTek’s business. These forward-looking statements are within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and may be identified by the use of forward-looking terminology such as “believes”, “expects”, “anticipates”, “would”, “could”, “intends”, “may”, “will or similar expressions. These forward-looking statements involve known and unknown risks and uncertainties, including, but not limited to, uncertainties related to product/service development; long and uncertain sales cycles; the ability to obtain or maintain proprietary intellectual property protection; future capital requirements; competition from other suppliers; the ability of the Company’s suppliers to continue to provide the Company with supplies and services on comparable terms and at comparable prices; the Company’s ability to successfully compete and introduce enhancements and new features that gain market acceptance and keep pace with technological developments; the Company’s ability to maintain its brand and reputation and retain or replace significant customers; cybersecurity risks and risks of damage to and interruptions of computer systems; the Company’s ability to retain key members of management and successfully integrate new executives; the Company’s ability to complete acquisitions, strategic investments, entry into new businesses, divestitures, mergers or other transactions on acceptable terms, or not at all; the potential risks and uncertainties related to the current and ultimate impact of the COVID-19 pandemic, including measures that may be taken by governmental authorities to contain the COVID-19 epidemic or to address its impact, and the potential negative impacts of COVID-19 on the global economy and financial markets; the general economic impact of the ongoing war in Ukraine, including the impact of related sanctions imposed by the U.S. government and the governments of other countries, and the impact of potential retaliation as a result of the war in Ukraine and any related sanctions; and other factors that may cause actual results to differ materially from those described herein as anticipated, believed, estimated or expected. Some of these risks and uncertainties are or will be described in more detail in the Company’s Forms 10-K and 10-Q filed with the Securities and Exchange Commission, which are available at http://www.sec.gov. Given the risks and uncertainties, readers should not place undue reliance on forward-looking statements and should recognize that the statements are predictions of future results which may not occur as expected. Many of the risks listed above have been, and could further be, exacerbated by the COVID-19 pandemic, including its impact on the healthcare sector, or the ongoing war in Ukraine. Actual results could differ materially from those anticipated in the forward-looking statements and from historical results, due to the risks and uncertainties described herein, as well as others not currently anticipated. CynergisTek has no obligation (and expressly disclaims any such obligation) to update or change its forward-looking statements, whether as a result of new information, future events or otherwise.

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