×

InterCloud Systems is Awarded Cloud Solutions Contract With Major Auto Parts Distributor

SHREWSBURY, N.J., May 8, 2015 (GLOBE NEWSWIRE) -- InterCloud Systems, Inc. ( the "Company or "InterCloud" ) (Nasdaq:ICLD) a single-source provider of end-to-end information technology (IT) and next-generation network solutions including Software Defined Networking (SDN) and Network Functions Virtualization (NFV) to the telecommunications service provider (carrier) and corporate enterprise markets through cloud solutions and professional services, announced today that our cloud team has been engaged by a large east coast auto parts distributor and wholesaler to design, migrate and implement a cloud solution to house a web services infrastructure, centralizing point of sale (POS), and inventory data across all store locations. InterCloud's solution will include development, quality assurance, production and disaster recovery environments, and will employ industry leading storage and delivery technologies.

CEO Mark Munro stated, "We continue to see a steady flow of new cloud customers and are building recurring revenue streams in the small and medium size business (SMB) market segment. SMB customers are finding the cloud to be a secure and economical means to completely outsource their IT infrastructure and applications. Our solutions allow these customers to eliminate in house IT staff as we take full responsibility for their IT needs. This customer is an excellent example of how a business can have access to the latest technology, save money, speed up time to market, and get enterprise grade IT solutions at a competitive cost. InterCloud is well positioned to manage our customers technology demands."

About InterCloud Systems, Inc.

InterCloud Systems, Inc. is a single-source provider of end-to-end information technology (IT) and next-generation network solutions including Software Defined Networking (SDN) and Network Function Virtualization (NFV) to the telecommunications service provider (carrier) and corporate enterprise markets through cloud solutions and professional services. InterCloud offers cloud and managed services, professional consulting and staffing services, and infrastructure and applications to assist its customers in meeting their changing technology demands. InterCloud's cloud solutions offer enterprise and service-provider customers the opportunity to adopt an operational expense model by outsourcing to InterCloud rather than the capital expense model that has dominated in recent decades in IT infrastructure management. Additional information regarding InterCloud may be found on InterCloud'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 InterCloud Systems, Inc. 561-988-1988

Source:InterCloud Systems, Inc.