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Castellum, Inc. Announces Appointment of Former Congressman Jim Moran to Advisory Board

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Castellum, Inc. (OTC: ONOV) announced the appointment of former Virginia Congressman Jim Moran to its advisory board. His extensive background in technology and defense, along with a strong network in government, is expected to aid Castellum in expanding its operations in the cybersecurity sector. Moran, who served 24 years in Congress and was an advocate for technology initiatives, expressed enthusiasm for contributing to Castellum's continued growth and its role in national security.

Positive
  • Appointment of Jim Moran to the advisory board enhances Castellum's leadership with valuable government connections.
  • Moran's experience in technology and defense sectors aligns with Castellum's focus on cybersecurity, potentially strengthening its market position.
Negative
  • Concerns may arise regarding continuity and experience gaps as new board members adjust to company operations.

POTOMAC, Md., May 24, 2022 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC: ONOV) announces that former Virginia Congressman Jim Moran has joined the Company’s advisory board. Castellum’s Advisory Board seats experienced business leaders and senior cybersecurity / information technology (IT) executives with business, government, and technical expertise useful in fostering the growth of the company.

“We are very pleased to announce that Jim Moran has joined our advisory board,” said Mark Fuller, President, and CEO of Castellum. “Jim brings a great network of contacts in and out of the government which will be helpful in expanding Castellum’s footprint as the company continues to grow.”

After being twice elected mayor of Alexandria, Virginia, Jim Moran served as a Congressman from Virginia’s 8th Congressional district for 24 years. While in Congress, Rep. Moran was a strong advocate of technology and defense companies, including serving on the Defense Appropriations Committee.

“Castellum has shown remarkable growth over the past three years, and I am excited to join Tom McMillen and the other members of the advisory board in helping Mark and the team continue on that path,” said Jim Moran. “Cybersecurity is a crucial function for our government and for private industry in this digital age in which we now live. Castellum’s contribution to our national security is important and worthy of support.”

About Castellum, Inc.:

Castellum, Inc. (OTC: ONOV) is a technology service and solutions company executing strategic acquisitions in Cyber Security, Information Technology, Information Warfare, Electronic Warfare, Systems Engineering, Software Engineering, and Software Development. - https://castellumus.com/.

Forward-Looking Statements:  

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters disclosed at www.otcmarkets.com. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.

Contact:

Mark Fuller, President & CEO
info@castellumus.com
301-961-4895

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f374b7ef-8b60-4f98-a4b4-079c1ada8834


FAQ

Who is Jim Moran and why has he joined Castellum's advisory board?

Jim Moran is a former Virginia Congressman who has joined Castellum's advisory board to leverage his extensive network and experience in technology and defense.

What impact will Jim Moran's appointment have on Castellum (ONOV)?

Moran's appointment is expected to strengthen Castellum's growth in cybersecurity and enhance its relationships within government sectors.

What is Castellum's main business focus?

Castellum focuses on technology services in areas such as cybersecurity, information technology, and electronic warfare.

When was the announcement of Jim Moran's appointment made?

The announcement regarding Jim Moran joining Castellum's advisory board was made on May 24, 2022.

What is Castellum's stock symbol?

Castellum's stock symbol is ONOV, and it trades on OTC markets.

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