Sysorex Global Holding Corp. Lists Stock and Becomes Public

Sysorex Global Holding Corp. (SYRX.PK), a leading information technology solutions and services company, announced today the completion of a merger transaction with Softlead Inc. and the public trading of its stock under the Symbol “SYRX” on the OTC market. Public trading of Sysorex stock represents a significant milestone for Sysorex as it positions itself for future growth.

Pursuant to majority shareholder approval of March 2, 2011, Softlead executed a reverse split of 20:1 on June 2, 2011 applicable to common stock holders as of March 2, 2011. Softlead changed its name to Sysorex Global Holdings Corp. on June 2, 2011 and acquired the business units and interest of Sysorex Consulting Inc, operating in the USA and in Saudi Arabia, on August 3, 2011. At the close of the acquisition, Softlead share holders held 2,650,518 shares and Sysorex shareholders received 14,600,000 restricted common shares. On August 22, 2011 the number of share outstanding was 17,858,518 common stock and 330,000 stock options.

“This represents a major milestone for our company,” said Salam Qureishi, Chairman of the Board and CEO of Sysorex. “Becoming a public company is an important step in Sysorex’s continued growth for the benefit of our customers and shareholders. As a publicly-traded company, we believe that we will be in a better position to take advantage of the emerging opportunities in our growing industry. We have set a course that includes strategic expansion of our information technology services throughout the world while strengthening our commitment to delivering superior customer service. We anticipate that having our shares available in the public marketplace will increase our presence in the market, provide liquidity, and present new opportunities to Sysorex.”

This press release does not constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

Forward-Looking Statements

This press release contains forward-looking statements, particularly as related to, among other things, the business plans of the Company, statements relating to goals, plans and projections regarding the Company’s financial position and business strategy. The words or phrases “would be,” “will allow,” “intends to,” “may result,” “are expected to,” “will continue,” “anticipates,” “expects,” “estimate,” “project,” “indicate,” “could,” “potentially,” “should,” “believe,” “think”, “considers” or similar expressions are intended to identify “forward-looking statements.” These forward-looking statements fall within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 and are subject to the safe harbor created by these sections. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions, the performance of management and our employees, our ability to obtain financing, competition, general economic conditions and other factors that are detailed in our periodic reports and on documents we file from time to time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place undue reliance on such statements. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement. Actual results may differ materially from the Company’s expectations and estimates.

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