InterCloud Awarded Over $2.5 Million in New Professional Services Contracts
November 21 2013 - 8:00AM
InterCloud Systems, Inc. (Nasdaq:ICLD), a single-source provider of
end-to end IT and telecom solutions to the service provider and
corporate enterprise markets through cloud platforms and
professional services, announced today that its Professional
Services Group was recently awarded over $2.5 million in new
professional services contracts, from new and existing clients.
The project services are for national tier 1 and tier 2
carriers' network expansions and include: site audits; site
mappings; engineering and design; and structural design and
analysis. InterCloud expects to commence work on these additional
projects in the fourth quarter.
"The ongoing new contract awards we're receiving, and their
geographic diversity, provide solid confirmation of the major
network expansions currently underway globally," stated Mark Munro,
CEO of InterCloud. "We've positioned InterCloud as a leading
professional services provider, and we're scaling the organization
efficiently to meet what we believe is strong, growing demand."
About InterCloud Systems, Inc.:
InterCloud Systems, Inc. is a global single-source provider of
value-added services for both corporate enterprises and service
providers. The company offers cloud and managed services,
professional consulting services and voice, data and optical
solutions to assist its customers in meeting their changing
technology demands. Its engineering, design, installation and
maintenance services support the build-out and operation of some of
the most advanced enterprise, fiber optic, Ethernet and wireless
networks. Additional information regarding InterCloud may be found
on the Company's website at www.intercloudsys.com.
FORWARD-LOOKING STATEMENTS
The Private Securities Litigation Reform Act of 1995 (the
"PSLRA") provides a "safe harbor" for forward-looking statements so
long as those statements are identified as forward looking and are
accompanied by meaningful cautionary statements identifying
important factors that could cause actual results to differ
materially from those projected in such statements.
Statements contained herein that are not based on historical
fact, as well as other statements including words such as
"anticipate," "believe," "plan," "estimate," "expect," "intend,"
"will," "could" and other similar expressions, constitute
forward-looking statements under the PSLRA. ICLD intends that such
forward-looking statements be subject to the safe harbor created
thereby. Such forward-looking statements are based on current
assumptions but involve known and unknown risks and uncertainties
that may cause the Company actual results, performance or
achievements to differ materially from current expectations. These
risks include economic, competitive, governmental, technological
and other factors discussed in the Company's annual, quarterly and
other periodic public filings on record with the Securities and
Exchange Commission which can be viewed free of charge on its
website at http://www.sec.gov
CONTACT: Investor Relations
RedChip Companies, Inc.
Mike Bowdoin, Vice President
800-733-2447, ext. 110
mike@redchip.com
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