PALO ALTO, Calif., June 8, 2021 /PRNewswire/ -- Inpixon
(Nasdaq: INPX), the Indoor Intelligence™ company, today announced
that its smart office app, acquired in the recent The
CXApp acquisition, has been selected by a major European-based
commercial and retail banking firm with more than 50,000 employees
for implementation across more than 75 locations. The seven-figure
contract includes both up-front professional services fees and
annual subscription licenses covering a two-year period.
The location-aware app will be custom-branded and configured to
fit the customer's requirements for a smart, innovative and
connected workplace with safety, productivity and engagement goals
at its core. The app will deliver an enhanced work experience for
employees regardless of their location, be it working from the
office or remote, and will offer desk booking for more than 30,000
desks plus conference room booking, hoteling, indoor navigation,
news and event feeds, and employee notifications. The app will
integrate Microsoft Active Directory, single sign-on (SSO),
surveys, polls and more for a frictionless workplace
experience.
"Companies are looking for innovative solutions that promote
productivity and deliver superior user experiences while ensuring
safety as they support employees returning to work," commented
Nadir Ali, CEO of Inpixon. "We are
pleased that our award winning mobile app solution, which
integrates a wide array of work functions into a single app, was
selected by this major retail and commercial bank. We are seeing
strong demand for our workplace experience platform and look
forward to announcing additional contract awards."
About Inpixon
Inpixon® (Nasdaq: INPX) is the innovator of Indoor
Intelligence™, delivering actionable insights for people, places
and things. Combining the power of mapping, positioning and
analytics, Inpixon helps to create smarter, safer, and more secure
environments. The company's Indoor Intelligence and mobile app
solutions are leveraged by a multitude of industries to optimize
operations, increase productivity, and enhance safety. Inpixon
customers can take advantage of industry leading location
awareness, RTLS, workplace and hybrid event solutions, analytics,
sensor fusion and the IoT to create exceptional experiences and to
do good with indoor data. For the latest insights, follow Inpixon
on LinkedIn, and 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 impact of COVID-19 on
Inpixon's results of operations, Inpixon's ability to integrate the
products and business from recent acquisitions into its existing
business, the performance of management and employees, the
regulatory landscape as it relates to privacy regulations and their
applicability to Inpixon's technology, Inpixon's ability to
maintain compliance with Nasdaq's minimum bid price requirement and
other continued listing requirements, 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.
Inpixon Contacts
Media relations and general inquiries:
Inpixon
Email: marketing@inpixon.com
Web: inpixon.com/contact-us
Investor relations:
Crescendo Communications, LLC
Tel: +1 212-671-1020
Email: INPX@crescendo-ir.com
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SOURCE Inpixon