SHREWSBURY, N.J., Oct. 27, 2014 (GLOBE NEWSWIRE) -- InterCloud Systems, Inc. (Nasdaq:ICLD) ("InterCloud" or the "Company") today announced that it has been awarded a professional services contract for a large-scale datacenter refresh project for a global financial services institution in the Boston area. Under the terms of the contract, InterCloud will provide professional services to accelerate the customer's cloud strategy, around the ultimate goal of a software defined enterprise ecosystem. InterCloud was selected as a key partner due to its highly-skilled expertise in cloud-centric solutions and services for software defined enterprise and cloud-to-cloud mobility. The initial phase of this project is valued at $347,000. "In today's business dynamic, enterprises require a robust and agile IT organization," stated Frank Jadevaia, president of InterCloud. "Cloud-centric solutions and services empower next generation IT organizations to deliver high-impact business transformation." As part of the datacenter refresh project, InterCloud will deploy its cloud-to-cloud mobility solution to facilitate the consolidation of 40 global datacenters into to 6 datacenters, involving more than 5,000 upgrades and migrations of physical, virtual and cloud workloads hosted on VMware vSphere. Jadevaia continued, "at InterCloud, we pride ourselves on having a highly certified VMware team of experts, capable of delivering cloud-centric IT strategy, implementation, and integration solutions and services." The cloud-to-cloud mobility solution will migrate workloads from any source cloud to any destination cloud. Source and destination clouds may consist of (On-Premises / Off-Premises / Hybrid / Public) clouds. Using InterCloud's cloud-to-cloud mobility solution will automate, accelerate and reduce overall risk, therefore fulfilling the necessary foundational requirements for a software defined enterprise. About InterCloud Systems InterCloud Systems, Inc. is a single-source provider of end-to-end information technology (IT) and next-generation network solutions to the telecommunications service provider (carrier) and corporate enterprise markets through cloud-centric solutions and services. InterCloud offers cloud and managed services, professional consulting and staffing 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 http://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. The Private Securities Litigation Reform Act of 1995 (the "PSLRA") provides a "safe harbor" for forward-looking statements so long as those statements are identified as forward looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those projected in such statements.
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