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InterCloud Systems, Inc. Awarded New Professional Service Contracts Valued at Over $2.2 Million

NEW YORK, Oct. 2, 2015 (GLOBE NEWSWIRE) -- InterCloud Systems, Inc. (the "Company" or "InterCloud") (NASDAQ:ICLD), a leading provider of cloud networking orchestration and automation solutions and services, today announced that it was recently awarded over $2.2 million in new contracts for professional services in connection with the deployment of an SDN network platform, state of the art fiber node based Distributed Antenna Systems (DAS) and next-gen WiFi networks for enterprise and carrier customers.

Mark Munro, CEO of InterCloud Systems stated: "In the last two months our team has procured over $25M in new customer contracts. This is a milestone not previously reached by our company over such a short period of time. We are excited to build revenue from large long term agreements and add to our growing recurring revenue streams. We look forward to our continued success."

About InterCloud Systems, Inc.

InterCloud Systems, Inc. is a leading provider of cloud networking orchestration and automation, for Software Defined Networking (SDN) and Network Function Virtualization (NFV) cloud environments to the telecommunications service provider (carrier) and corporate enterprise markets through cloud solutions and professional services. InterCloud's cloud solutions offer enterprise and service-provider customers the opportunity to adopt an operational expense model by outsourcing cloud deployment and management 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.

CONTACT: Investor Relations InterCloud Systems, Inc. 561-988-1988

Source:InterCloud Systems, Inc.