Visium Technologies, Inc. Issues Letter to Shareholders

Visium Announces Launch of Technology Consulting Services Division to Meet Growing Demand

FAIRFAX, VA / ACCESSWIRE / September 26, 2023 / Visium Technologies, Inc., ("Visium" or the "Company") (OTC PINK:VISM), a global cybersecurity and analytics company, released a letter to shareholders today from its Chief Executive Officer, Mark Lucky.

To our Valued Shareholders:

We are grateful for the patience and support of our shareholders as we look towards a very promising future. Our leadership team is committed to fostering transparency and open communication with our valued stakeholders. We welcome this opportunity to share our insights into our recent developments and our strategic vision moving forward. Our primary objective is to establish Visium as a company known for innovation in professional services, cybersecurity, and data analytics visualization.

Technology Consulting Services Launch

As we became more engaged in upcoming contracts, it became evident that Visium had the expertise to seize on the lucrative business opportunity to expand our professional services to include network engineering, system engineering, converged infrastructure deployment, software development, and cybersecurity services. These professional services offerings will fall in under our newly created Technology Consulting Services division. This strategic initiative represents a significant expansion of our service portfolio (in addition to licensing revenue), allowing us to meet the expanding demand for an array of critical services, which complements our proprietary TruContext^TM data analytics technology. With a dedicated focus on bringing digital solutions to market, we have made the pivotal decision to transform our company into a major provider of these services, leading to rapid corporate growth.

Africa and Cybastion

Now, more than ever, Africa is seeking digital solutions to boost productivity and spur development. The continent lags behind much of the world in terms of fiber network and broadband connectivity, spectrum allocation, and data center capabilities.

According to the World Bank, achieving universal, high-quality internet access across Africa necessitates a staggering $100 billion investment. Eighty percent (80%) of this investment is earmarked for essential infrastructure to establish and maintain broadband networks. Africa currently accounts for just one percent (1%) of global data center capacity, with approximately two-thirds of this capacity concentrated in the country of South Africa. To bring the rest of the continent up to a comparable density to South Africa, approximately seven hundred (700) new data centers with 1,000 Megawatts (MW) capacity would be required.