SHREWSBURY, N.J., April 29, 2015 (GLOBE NEWSWIRE) -- InterCloud Systems, Inc. (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 Function Virtualization (NFV) to the telecommunications service provider (carrier) and corporate enterprise markets through cloud solutions and professional services, announced today that it was awarded a professional services contract by a global telephone company to provide services around next-gen network upgrades in their central offices in California. The estimated value of the contract is $3 Million. This work is expected to begin immediately with a majority of the work to take place during this calendar year.
Chairman and CEO Mark Munro stated, "We are excited about these new professional service projects. The continued influx of contracts such as these demonstrates our continued growth and the confidence we enjoy from fortune 100 customers." Mark Munro added, " InterCloud is uniquely positioned to help our customers migrate from legacy IT and telecom infrastructure to the next generation networks, which will continue to be virtualized and orchestrated by platforms like our NFVGrid automation software. We look forward to this transition and will continue to develop our products to stay steps ahead of the competition."
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:
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