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InterCloud Systems, Inc. Announces Data Network Contract Valued at $1.1M

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SHREWSBURY, N.J., July 15, 2014 (GLOBE NEWSWIRE) -- InterCloud Systems, Inc. (Nasdaq:ICLD) announced today a new contract valued at $1,100,000 with a prominent NYC hospital group to provide a complete refresh of their core wide area networking architectures. InterCloud will provide various value-add elements such as presale consulting services and a solution design, including a three year cloud centric managed services award for support of their environment. In addition, the Company will provide a total turnkey implementation with InterCloud's professional services, including advanced applications, as they deploy this industry-leading solution.

Scott Davis, Executive Vice President of Sales for InterCloud Systems, stated, "We are pleased to announce this latest contract. This advanced solution, leveraging Juniper Network's SDN Ready MX 960 Universal Edge Router, will enable the hospital to provide industry leading services and support to their patients through their new next-generation IT network."

About InterCloud Systems, Inc.

InterCloud Systems, Inc. is a single-source provider of end-to-end information technology (IT) and next-generation network solutions to the telecommunications service provider (carrier) and corporate enterprise markets through cloud platforms and professional services. InterCloud offers cloud and managed services, professional consulting and staffing services, and voice, data and optical solutions to assist its customers in meeting their changing technology demands. Additional information regarding InterCloud may be found on the Company's website at www.intercloudsys.com.

Forward-looking statements:

The above news release contains forward-looking statements. 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 market trends and the Company's performance, are all "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances, and are subject to a wide range of external factors, uncertainties, business risks, and other risks identified in filings made by the company with the Securities and Exchange Commission. Actual results may differ materially from those indicated by such 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 except as required by applicable law and regulations.

CONTACT: Investor Relations RedChip Companies, Inc. Mike Bowdoin, Vice President Mike@redchip.com 800-733-2447, ext. 110 mike@redchip.com

Source:InterCloud Systems, Inc.