INX Assists City of Walnut Creek to Deploy Green Technology

INX Inc., (NASDAQ:INXI - News) announced today that the City of Walnut Creek, CA has qualified for an energy rebate due to its virtualization project with INX.

Many public entities are offering businesses tax incentives and rebates for energy efficient initiatives. California public utility companies have one of the nation’s most progressive programs promoting energy efficiency and clean energy. A regional utility company in Northern California has created a customized incentive program for business energy efficiency retrofit projects involving the installation of high-efficiency equipment or systems called the Non-Residential Retrofit or NRR Rebate Program. The City of Walnut Creek recently received the rebate for its virtualization project that qualified for the NRR program.

Walnut Creek awarded INX a contract to design and implement a multiphase virtualization solution that included a server consolidation effort, a backup and recovery solution, and a virtual desktop initiative. INX was awarded the competitively bid contract based on its ability to offer a comprehensive virtualization project that could meet the city’s business objectives. The project leverages virtualization technology from VMware to create efficiencies in data management thereby decreasing the amount of servers required and increasing the reliability of application and data delivery. The virtualization technology also enables the city to eliminate traditional desktop computers and replace them with low energy consuming terminals. The applications move to the data center where they are centrally managed and deployed, which drives down costs, while enhancing the user computing experience. The project encompasses all city entities and employees including the Police Department.

Laura Peabody, Walnut Creek CIO, stated, “The INX team has been a tremendous help with the server, storage and backup project as well as in assisting my staff to learn the new environment. The technology is a better use of the taxpayers’ money on so many levels, and we are pleased to qualify for the utility program by reducing electricity consumption.” In order to qualify for the rebate, the City of Walnut Creek had to submit a project application. The utility company had to inspect and approve the project prior to the removal of the existing equipment and the installation of new systems.

“We are pleased that City of Walnut Creek selected INX to architect and implement its virtualization project,” said Steve Kaplan, INX Vice President of Data Center Virtualization. “It is great to be able to assist the City in reducing costs while also helping it attain both recognition and a rebate for its efficient energy solution.”

About INX Inc.:

INX Inc. (NASDAQ:INXI) is a leading U.S. provider of data center virtualization and IP communications for enterprise organizations. We offer a suite of advanced technology solutions focused around the entire life-cycle of enterprise data center infrastructure and IP network communications. Our services are centered on the design, implementation and support of network infrastructure, including routing and switching, wireless, security, unified communications, and data center solutions such as network, storage and server virtualization. Our customers include enterprise organizations such as corporations, as well as federal, state and local governmental agencies. Because of our focus, expertise and experience implementing and supporting advanced technology solutions for enterprises, we believe we are well positioned to deliver superior solutions and services to our customers. Additional information about INX can be found on the Web at www.inxi.com.

Safe Harbor Statement:

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 benefits from the announced contract award. All such statements are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. The actual results of the future events described in the forward-looking statements in this document could differ materially from those stated in the forward-looking statements due to numerous factors. Recipients of this document are cautioned to consider these risks and uncertainties and to not place undue reliance on these 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.

Inx Inc. (MM) (NASDAQ:INXI)
Historical Stock Chart
From Oct 2024 to Nov 2024