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InterCloud Systems Announces A New Turnkey Managed Services Agreement With The Jewish Board Of Family And Children's Services

Stocks in this article: ICLD

RED BANK, N.J., March 10, 2014 (GLOBE NEWSWIRE) -- InterCloud Systems, Inc. (Nasdaq:ICLD) (the "Company" or "InterCloud"), announced today an agreement with the Jewish Board of Family and Children's Services ("JBFCS") to provide a total migration from their legacy voice, data and network security systems to next-generation unified communications (UC), network security and advanced data switching and routing architectures. InterCloud will provide a total turnkey implementation around professional services, network maintenance and managed services.

Uday Madasu, Chief Information Officer of JBFCS, stated, "We are excited to start this partnership with InterCloud Systems. To that end, our phase one goal for JBFCS, is to replace our outdated technology and core infrastructure with a high quality, resilient solution and a partner that has a history of success with large multisite installations. Our vision is to enable our membership access to advanced features and applications, thereby providing greater efficiency and overall service to our organization. In addition, InterCloud's unique positioning in the marketplace will allow for a smooth phase two migration, as we look to take advantage of cloud computing for our business recovery initiatives."

Joe Scotti, Vice President of Sales for InterCloud Systems, stated, "We are pleased to report the beginning of a long-term relationship with JBFCS. Our team's focused initiatives were based on a comprehensive review of their long-term business needs. We are confident our fully integrated solution provides JBFCS future growth, cost containment, advanced features, and improved network performance, all within a highly resilient and secure architecture."

About JBFCS.

For 140 years, JBFCS has been helping New Yorkers realize their potential and live as independently as possible. With hope and resilience guiding our work, we promote recovery by addressing all aspects of an individual's life, including mental and physical health, family, housing, employment and education. Inspired by Jewish values, JBFCS brings the ideals of Jewish service to all New Yorkers. Visit us at www.jbfcs.org

About InterCloud Systems, Inc.

InterCloud Systems, Inc. is a global single-source provider of value-added services for both corporate enterprises and service providers. The company offers cloud and managed services, professional consulting services and voice, data and optical solutions to assist its customers in meeting their changing technology demands. Its engineering, design, installation and maintenance services support the build-out and operation of some of the most advanced enterprise, fiber optic, Ethernet, and wireless networks. Additional information regarding InterCloud may be found on the Company'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
         RedChip Companies, Inc.
         Mike Bowdoin, Vice President
         Mike@redchip.com

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