Castellum, Inc. Announces Brigadier General Craig Nixon, U.S. Army Retired to Join Advisory Board

Rhea-AI Summary

Castellum, Inc. (OTC: ONOV) has appointed Brigadier General Craig Nixon (Retired) to its Advisory Board. Nixon, a decorated Army veteran and successful entrepreneur, brings extensive experience in mergers and acquisitions, valuable for Castellum's growth strategy. His background includes leadership positions in significant security firms and consulting for Fortune 500 companies. Castellum has seen over 20% organic growth in 2020, with a qualified sales pipeline exceeding $300 million, and recently completed its second acquisition. The company's focus is on strategic acquisitions within cyber security and IT sectors.

Positive

• Appointment of Brigadier General Craig Nixon could enhance Castellum's strategic growth and acquisition capabilities.
• Nixon's extensive network may provide access to new deal flow and capital sources.
• The company reported over 20% organic growth in 2020 and has a sales pipeline exceeding $300 million.

Negative

• None.

POTOMAC, Md., March 22, 2021 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC: ONOV) announces Brigadier General Craig Nixon (Retired) has joined the Company’s Advisory Board. Castellum’s Advisory Board seats individual entrepreneurs and senior cyber security / information technology (IT) executives with business, government and technical expertise useful for assisting in identifying, integrating and growing acquired companies.

Brigadier General Nixon is a graduate of Auburn University, decorated retired General Officer, successful entrepreneur, and passionate supporter of veteran non-profit organizations. He was selected for the Ranger Hall of Fame at Fort Benning, Georgia and Auburn University at Montgomery Top Fifty Alumni in 2017.

Over a 29-year Army career, Brigadier General Nixon served in a wide range of assignments including seven tours of duty in special operations units. He is a combat decorated soldier whose awards include the Distinguished Service Medal, Silver Star, and the Purple Heart.

After retiring from the Army in 2011, he was an original Partner at McChrystal Group and helped create a highly successful leadership consulting company that works with a number of Fortune 500 Companies. He left to become the CEO for ACADEMI and over three years through a combination of organic growth and acquisitions built Constellis Group - one of the world’s largest private security firms. He is currently the CEO of Nixon Six Solutions, a consulting firm focusing on growth and market entry strategy, leadership, and M&A. He is an avid supporter of veteran focused non-profit organizations.

“Craig is an accomplished citizen soldier and former business leader of a company valued at nearly $1 billion,” said Mark Fuller, President and CEO of Castellum. “His experience in growth through M&A and subsequent integration is valuable for Castellum as we continue to grow through acquisition. He also brings access to deal flow and capital sources through his network of relationships.”

About Castellum, Inc. Castellum, Inc. (OTC:ONOV) is a technology company which is executing strategic acquisitions in the cyber security, information technology, software engineering, information warfare, and electronic warfare space. In 2020, Castellum grew more than 20% organically and built a qualified sales pipeline of over $300 million, and earlier this year completed its second acquisition - 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, CEO
info@castellumus.com
(301) 961-4895

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f2a194ae-bdac-4f23-866e-bddefb08bf83

FAQ

What is the significance of Brigadier General Craig Nixon joining Castellum's Advisory Board?

Brigadier General Nixon's experience in mergers and acquisitions is expected to aid Castellum's growth strategy and integration of acquisitions.

How did Castellum perform in 2020?

Castellum achieved over 20% organic growth in 2020 and built a robust sales pipeline of more than $300 million.

What industries does Castellum focus on?

Castellum focuses on cyber security, information technology, software engineering, information warfare, and electronic warfare.

What previous roles has Brigadier General Nixon held?

Nixon has held leadership roles in significant security firms, including serving as CEO of Constellis Group, a major player in private security.