InterCloud to Provide Update on Its VaultLogix Acquisition and Other Recent Activities on October 17 Conference Call

SHREWSBURY, N.J., Oct. 14, 2014 (GLOBE NEWSWIRE) -- InterCloud Systems, Inc. (Nasdaq:ICLD) ("InterCloud" or the "Company") will host a conference call with investors to discuss recent developments, including the Company's acquisition of cloud solutions company VaultLogix, LLC, which generated approximately $12 million in revenue and over $4.3 million in adjusted EBITDA over the past 12 months. CEO Mark Munro, President Frank Jadevaia and VP of Cloud Solutions Aqeel Asim, will participate in the call.

Conference Call & Webcast on Friday, October 17, at 10:00 a.m. ET/7:00 a.m. PT
Domestic: 888-417-8516
International: 719-457-2628
Passcode: 2068701

Interested parties can also listen via a live Internet webcast, which can be found via the Company's website at www.intercloudsys.com.

A replay of the call will be available for two weeks from 1:00 p.m. ET on October 17, 2014, until 11:59 p.m. ET on October 31, 2014. The number for the replay is (877) 870-5176, or (858) 384-5517 for international calls; the passcode for the replay is 2068701.

VaultLogix is a leading provider of hybrid cloud backup services to nearly 10,000 businesses around the world. Their customers benefit from a combination of unique product features, 24x7 customer support and regulatory compliance assistance for the protection of critical business data.

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 service provider (carrier) and corporate enterprise markets through cloud-centric solutions and 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. 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 http://www.intercloudsys.com.


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. 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.

CONTACT: Investor Relations RedChip Companies, Inc. Mike Bowdoin, Vice President Mike@redchip.com Tel: 407-644-4256, ext. 110

Source:InterCloud Systems, Inc.