PALO ALTO, Calif. and
TORONTO, March 16, 2020 /PRNewswire/ -- Inpixon (Nasdaq:
INPX), a leading indoor data company that specializes in delivering
indoor intelligence, today announced it has received an order
for Inpixon Sensor 4000 products from Sengex, a division of SP
Global Inc., for a current U.S federal government customer.
Inpixon's advanced wireless detection and positioning sensors
can be used to monitor the presence of wireless transmissions in
sensitive areas in order to comply with government regulations,
such as those issued by various agencies, including the Department
of Defense, Department of Energy, and the Committee on National
Security Systems, all of which mandate the mitigation of mobile
device security risks. Among other benefits, this allows customers
to take advantage of increased worker productivity offered by
permitting mobile devices in less secure areas while enabling the
customer to enforce more stringent restrictions in more sensitive,
no-phones areas.
"I believe Inpixon is an excellent fit for high-security
government customers," noted James
McKenzie, Senior Director of Sengex. "They have a unique
offering in a number of respects. Their technology detects and
positions cellular, Bluetooth and Wi-Fi signals, whereas many other
wireless sensors can detect only Wi-Fi or Bluetooth. In addition,
Inpixon's solution incorporates proprietary algorithms that have
been honed over a number of years. In our experience, Inpixon has
proven to be an effective solution for advanced wireless device
detection."
"Sengex continues year after year to deliver quality sales,
installation and support for U.S. government users of Inpixon
solutions," commented Soumya Das,
Inpixon COO. "Their expertise enables them to deftly handle
sophisticated environments and demanding requirements, and we look
forward to our continued mutual success."
About Inpixon
Inpixon® (Nasdaq: INPX) is an indoor intelligence company that
specializes in capturing, interpreting and giving context to indoor
data so it can be translated into actionable intelligence. The
company's indoor location and data platform ingests diverse data
from IoT, third-party and proprietary sensors designed to detect
and position all active cellular, Wi-Fi, UWB and Bluetooth devices,
and uses a proprietary process that ensures anonymity. Paired with
a high-performance data analytics engine, patented algorithms, and
advanced mapping technology, Inpixon's solutions are leveraged by a
multitude of industries to do good with indoor data. This
multidisciplinary depiction of indoor data enables users to
increase revenue, decrease costs, and enhance safety. Inpixon
customers can boldly take advantage of location awareness,
analytics, sensor fusion and the Internet of Things (IoT) to
uncover the untold stories of the indoors. For the latest insights,
follow Inpixon on LinkedIn, Twitter, and
visit inpixon.com.
Safe Harbor Statement
All statements in this release that are not based on
historical fact are "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995 and the
provisions of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. While management has based any forward-looking statements
included in this release on its current expectations, the
information on which such expectations were based may change. These
forward-looking statements rely on a number of assumptions
concerning future events and are subject to a number of risks,
uncertainties and other factors, many of which are outside of the
control of Inpixon and its subsidiaries, which could cause actual
results to materially differ from such statements. Such risks,
uncertainties, and other factors include, but are not limited to,
the fluctuation of economic conditions, the performance of
management and employees, Inpixon's ability to maintain compliance
with Nasdaq's minimum bid price requirement and other continued
listing requirements, including during a panel monitoring period
ending on February 5, 2021, the
ability to obtain financing, competition, general economic
conditions and other factors that are detailed in Inpixon's
periodic and current reports available for review at sec.gov.
Furthermore, Inpixon operates in a highly competitive and rapidly
changing environment where new and unanticipated risks may arise.
Accordingly, investors should not place any reliance on
forward-looking statements as a prediction of actual results.
Inpixon disclaims any intention to, and undertakes no obligation
to, update or revise forward-looking statements.
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SOURCE Inpixon