Business
CYIOS Corporation Announces it has Closed the Acquisition of Noir Medical Supplies
CYIOS Corporation Announces it has Closed the Acquisition of Noir Medical Supplies.
About this update from Cyios Corp.
[{"type":"text","content":"Noir Expects to See Strong Revenue Growth in 2024 Exceeding $7M, Up from $4.6M in 2023 BOCA RATON, FL / ACCESSWIRE / September 11, 2024 / CYIOS Corp (OTC PINK:CYIO), a publicly traded holding company, is pleased to announce it has successfully closed the strategic acquisition of Noir Medical Supplies, ("Noir") a company specializing in providing top-tier medical equipment and supplies. The acquisition marks a significant milestone for CYIOS with anticipated strong revenue growth in 2024 exceeding $7Million, up from $4.6Million in 2023.To hear more about this acquisition, we invite you to join company Chairman John O'Shea for a fireside chat today at 4:05pm ET, click here: https://x.com/cyioscorpJohn O'Shea, Chairman CYIOS Corporation commented: "We are thrilled to announce the successful closing of Noir Medical Supplies, which we see as a pivotal move to drive revenue growth while creating immediate and long-term shareholder value. With the strong demand for high-quality healthcare products and medical supplies, coupled with our strategic expansion, we are confident in our ability to deliver strong year-over-year revenue growth. The combination of CYIOS's expertise and Noir's diverse product offerings and distribution channels positions us well to capture new opportunities in the healthcare sector. Noir's revenues for 2024 are on target to exceed $7 million USD, reflecting a significant increase from 2023 revenues of $4.6 million. The company is also expecting this year over year revenue growth trend, with positive cash flow, to continue through 2025."About Noir Medical SuppliesNoir Medical Supplies (https://noirmedicalsupplies.com/) is a rapidly growing provider of high-quality medical supplies and equipment. Established in 2023, Noir has quickly become a trusted name in the healthcare industry, offering a comprehensive range of products including personal protective equipment (PPE), diagnostic devices, and essential healthcare items for clinics, hospitals, and medical professionals. Noir's business model focuses on sourcing and supplying overstock, distressed, and direct purchase inventories to deliver high-quality products at competitive prices. Noir's clientele includes some of the largest healthcare and biotech companies in the United States. Additional information regarding clients served as well as dis...