InterCloud Secures Additional Professional Service Work Valued at Over $3.9 Million
May 31 2016 - 8:00AM
InterCloud Systems, Inc. (Nasdaq:ICLD) a leading provider of cloud
networking orchestration and automation solutions and services,
announced today that it was recently awarded over $2.4 million in
professional service contracts to support next generation network
deployments and managed services from existing clients.
Additionally, InterCloud has seen an influx of more than $1.5
million in professional service deployments from current tier-1
service providers.
Mark Munro, CEO of InterCloud Systems stated: "We are seeing an
influx of new business from our existing client base seeking
network upgrades and expansion of our managed service capabilities.
We are working with our new auditors and plan to file our
financial reports as soon as possible. We are encouraged our
customers continue to support our Company.”
About InterCloud Systems, Inc.
InterCloud Systems, Inc. is a leading provider of cloud
networking orchestration and automation, for Software Defined
Networking (SDN) and Network Function Virtualization (NFV) cloud
environments to the telecommunications service provider (carrier)
and corporate enterprise markets through cloud solutions and
professional services. InterCloud's cloud solutions offer
enterprise and service-provider customers the opportunity to adopt
an operational expense model by outsourcing cloud deployment and
management to InterCloud rather than the capital expense model that
has dominated in recent decades in IT infrastructure management.
Additional information regarding InterCloud may be found on
InterCloud's website at www.intercloudsys.com.
Forward-looking statements:
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.
CONTACT:
Investor Relations
InterCloud Systems, Inc.
561-988-1988
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