INX Inc., (NASDAQ:INXI), INX has successfully completed a $1.6 million comprehensive network upgrade for over 4,300 sites at a prominent national retailer.

INX recently completed the configuration and deployment of over 4,300 Cisco 2960 switches for a Fortune 500 retailer. INX configured and deployed each of the switches to a separate retail site. The client had three main business objectives driving the upgrade: increased connectivity for in-store devices, increased network manageability and increased network security. The new switches increased functionality by increasing the number of internet ports available on the switch itself. More ports means that more in-store networked devices have access to the internet. The new switches increased network manageability by allowing corporate headquarters secure, remote access to each switch whenever there’s a need for reconfiguration or troubleshooting. Most importantly to the client, increased security was built directly into the switch by Cisco. This upgraded level of network security enables the client to comply with the security standards of the Payment Card Industry (PCI) when processing electronic payments.

INX was chosen for this project because of the technical ability needed, the logistics required for a deployment of this size, and the ability to deliver inside the desired timeframe of completion. The project began midyear 2010 and was recently completed. The revenue for INX, including products and services, was $1.6 million.

ABOUT INX INC.:

INX Inc. (NASDAQ:INXI) is a leading U.S. provider of IP communications and data center solutions for enterprise organizations. INX offers a suite of advanced technology solutions focused around the entire life-cycle of enterprise IP network communications and data center infrastructure. 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 storage and server virtualization. Customers include enterprise organizations such as corporations, as well as federal, state and local governmental agencies. Because of its focus, expertise and experience implementing and supporting advanced technology solutions for enterprises, INX believes it is well positioned to deliver superior solutions and services to its 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 are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. Additional information about risk factors are contained in the Company's most recent filings with the SEC on Forms 10-K and 10-Q. 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 Jun 2024 to Jul 2024 Click Here for more Inx Inc. (MM) Charts.
Inx Inc. (MM) (NASDAQ:INXI)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Inx Inc. (MM) Charts.