Cybergy Provides Mid-Year Guidance on 2015 Business Pipeline

Submitted Proposals on Track to Double Value in 2015; With 55%+ Win Rate as 4-Year Historical Average

As the first half of 2015 draws to a close, Mark Gray, CEO and Chairman of Cybergy Holdings, Inc. (otcqb:CYBG), announced preliminary, mid-year results for the company’s business development activities and provided a general update to shareholders and other interested parties.

The numbers for submitted proposals and contract wins through the 2nd quarter of 2015 suggest that the Cybergy family of companies should double the dollar value of its new business pipeline this year while maintaining the four-year historical win rate of nearly 56 percent.

“In 2014, Cybergy Holdings submitted 60 proposals and request-for-information responses totaling $67.5 million, and we have won 55 percent of these,” said Mr. Gray. “As we approach the mid-year mark in 2015, we have submitted $63.8 million worth of proposals, and I’m confident our business development team can double our 2014 total by year’s end.”

Among other highlights of the proposals submitted to date in 2015, the proposals include:

  • $50 million in IT support services
  • $5 million in cybersecurity services
  • $4 million in work for Cybergy member company New West Technologies’ main client, the U.S. Department of Energy
  • $5.6 million to provide nationwide community-level solar technical assistance
  • $200,000 in advanced transportation vehicle studies.

Also noteworthy are the win rates for submitted proposals in 2014 and stretching back to 2011.

“As Mr. Gray noted, Cybergy’s 2014 win rate was 55 percent, and it could go even higher based on a few remaining award decisions,” said Chief Administrative Officer Jennifer Williamson Cockrum, who also serves as Primetrix’s President, a Cybergy member company. “Our team’s win-rate is not only well above the industry average of approximately 30 percent, but it also is nearly identical with our four-year historical win rate average of 56 percent.”

Ms. Cockrum cited win rates of 67 percent in 2011, 59 percent in 2012, 43 percent in 2013, and 55 percent in 2014 that, when combined, result in a four-year average of 56 percent.

Putting it all together, this shows a dynamic company attracting higher value contracts on a steady and consistent basis that is on track to double the value of its new business pipeline by the end of 2015. Additionally, 2015 revenue prospects are increasing as a result of new tasking under the $85 million U.S. Department of Energy (Energy Department) Mission Oriented Technical Support (MOTS) contract. The MOTS contract is an extension of the outstanding work Cybergy company New West Technologies has done in support of the Energy Department’s Office of Energy Efficiency and Renewable Energy (EERE) over the past 7 years.

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.

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