Cyberlux Corporation (OTC:CYBL) Eliminates 12% of the Company’s Outstanding Shares with the Cancellation of 700 Million “Ghost Shares” and Announces a Further Reduction in Authorized Shares by an Additional 1.75 Billion or 20% - Seite 2

"With our ongoing execution of both our Operation Alpha and our strategic Roadmap, the Cyberlux growth plans are in place and we are now able to take further action on the CYBL equity structure as we intend. Last year we began the work to eliminate the 700 million ‘ghost' shares, and have succeeded in this effort, reducing our Outstanding Shares by 12%. At the same time, our Management team and Board of Directors concluded that a further reduction of 20% in our Authorized Share level is warranted at this time, a significant action to help our shareholders accrue value in their positions while allowing the Company to have the means to execute our plans, with further action reserved for the future. We are expanding rapidly across all four of our business units, each scaling during 2022 to meet our plans, as we drive Cyberlux to be the multi-billion-dollar company we expect it to be. With the markets we now serve, we are seeing new customers and partnerships, and limitless global opportunities, specifically within our Digital Platform Solutions (DPS) unit and our Unmanned Aircraft Solutions (UAS) unit. Having a healthy equity structure is vitally important and today we've taken the next steps to build the Company," said Mark Schmidt, President and Chief Executive Officer of Cyberlux.

Going forward, Cyberlux Corporation is "Harnessing the Future", driving operational growth with current and future technologies, through fundamental organic growth and through an accelerated acquisitions and joint ventures strategy, all fueling significant future growth. As the Company develops advanced technology products, Cyberlux will identify core technology and product companies, and these companies and technologies will become the future CYBL growth catalysts. As results have demonstrated, Cyberlux is building a global enterprise and developing into a leading technology growth company.

About Cyberlux Corporation

Cyberlux Corporation (OTC Bulletin Board:CYBL) is a digital technology platform company providing breakthrough Digital Platform Solutions, including Platform-as-a-Service and Software-as-a-Service solutions, advanced Unmanned Aircraft Solutions, Advanced Lighting Solutions, Infrastructure and Renewable Energy Technology Solutions to U.S. government agencies, commercial customers, and international growth markets. Cyberlux is "Harnessing the Future" by leading digital transformation across global industries, driving operational growth through an accelerated acquisitions and joint ventures strategy, and continuously fueling growth with current and future technology developments. For more information, please visit www.cyberlux.com. For investor information, please contact: [e-mail]