InterCloud Systems Awarded New Professional Service Contracts Valued at Over $4.1 Million

SHREWSBURY, N.J., May 13, 2016 (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 $4.1 million in new contracts for professional services in connection with next generation network upgrades for new and existing clients. A majority of the work is expected to begin immediately.

Mark Munro, CEO of InterCloud Systems, stated: “Our business is robust as next generation Wi-Fi and DAS network deployments are on the rise. Our managed services group has also seen an increase in new business. We also see new opportunities for Software Defined Networking (SDN) and Network Function Virtualization (NFV) on the horizon and expect solid growth in this emerging space, along with our professional and managed services, throughout the remainder of 2016.

Our shareholders should know that we continue to see an influx of new business as we work diligently with our new auditor to complete our 2015 10-K and first quarter of 2016 10-Q filings. Our new auditor has committed enough resources to enable an expeditious completion of such filings.”

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

Forward-looking statements:

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

Source:InterCloud Systems, Inc.