SHREWSBURY, N.J., May 20, 2015 (GLOBE NEWSWIRE) — InterCloud Systems, Inc. (Nasdaq:ICLD), a single-source provider of end-to-end information technology (IT) and next-generation network solutions, to the service provider (carrier) and corporate enterprise markets, through cloud solutions and professional services, announced today that it was recently awarded over $2.0 Million in professional services engagements, WiFi and DAS networks for existing and new clients. The work on these contracts is expected to be completed between Q-2 and Q-3 in 2015.
Mark Munro, CEO of InterCloud Systems stated; “Our sales and engineering teams continue to win new business from our pipeline at a faster pace than in 2014. These new contracts confirm that InterCloud’s distinctive suite of services have a competitive advantage within the enterprise and service provider markets and that our sales and engineering teams are executing more efficiently. InterCloud is positioned well to take advantage of these next-generation network growth opportunities throughout 2015 and beyond.”
About InterCloud Systems, Inc.
InterCloud Systems, Inc. is a single-source provider of end-to-end information technology (IT) and next-generation network solutions including Software Defined Networking (SDN) and Network Function Virtualization (NFV) to the service provider (carrier) and corporate enterprise markets through cloud solutions and professional services. InterCloud offers cloud and managed services, professional services, and infrastructure and applications, to assist its customers in meeting their changing technology demands. InterCloud’s cloud solutions offer enterprise and service-provider customers the opportunity to adopt an operational expense model by outsourcing to InterCloud, rather than the capital expense model that has dominated in recent decades. Additional information regarding InterCloud may be found on InterCloud’s website at www.intercloudsys.com.
The above news release contains forward-looking statements. The statements contained in this document that are not statements of historical fact, including but not limited to, statements identified by the use of terms such as “anticipate,” “appear,” “believe,” “could,” “estimate,” “expect,” “hope,” “indicate,” “intend,” “likely,” “may,” “might,” “plan,” “potential,” “project,” “seek,” “should,” “will,” “would,” and other variations or negative expressions of these terms, including statements related to expected market trends and the Company’s performance, are all “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances, and are subject to a wide range of external factors, uncertainties, business risks, and other risks identified in filings made by the company with the Securities and Exchange Commission. Actual results may differ materially from those indicated by such forward-looking statements. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company’s expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based except as required by applicable law and regulations.
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InterCloud Systems, Inc.