Cybergy Holdings Announces Win in $500,000,000 HHS Contract by Wholly-Owned Subsidiary, New West Technologies | Wyly Wade
"This contract builds on our previous work with Department of Health and Human Services and the broad scope of work in this new contract offers us an opportunity to expand our efforts in several new areas," said New West President Steve Hauser. "We see this as a multi-million dollar opportunity to grow our business with HHS and include the capabilities of the Cybergy family of companies in the coming years." The contract – known as an IDIQ, short for "Indefinite-Delivery, Indefinite-Quantity" – is designed to help HHS enhance its technical and analytical resources. We further believe that this win validates both our strong platform capabilities and the specific advantages provided by our cyber and document security suite of services including SmartFile," said Mr. Gray. "Medical record security is rising to be one of the top focuses of the cyber security industry. We appreciate HHS's inclusion of partners with the ability to manage this class of industry risks." Cybergy Holdings