×

InterCloud Systems Awarded New Contracts Valued at Over $2.5 Million

NEW YORK, Nov. 02, 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 awarded over $2.5 million in new contracts for next generation DAS networks, ongoing managed services and maintenance services for existing customers.

Mark Munro, CEO of InterCloud Systems stated: "We continue to build upon our base of recurring revenue with new managed services agreements and ongoing maintenance contracts for IT services with existing clients. InterCloud is positioned well for the expected growth in Cloud solutions, especially around Software Defined Networking. Our robust platform of Cloud services provides our sales and engineering staff with the necessary competitive tools to contribute efficiently to our growth strategy.”

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.