SHREWSBURY, N.J., Oct. 23, 2015 (GLOBE NEWSWIRE) -- InterCloud Systems, Inc. (Nasdaq:ICLD), a leading provider of cloud networking orchestration and automation solutions and services, announced today that it was recently awarded over $1.3 million in new next-gen IT services contracts. These services are a combination of routing solutions and engineering. The work on these projects is expected to begin immediately.
Mark Munro, CEO stated: "We are confident that our team will continue to drive new next-generation IT services revenue and grow our recurring revenue streams. Our Cloud product portfolio development team is diligently creating new products directed at our enterprise and service provider customers in order to meet the new demands around SDN and NFV. These products offer InterCloud a unique competitive advantage."
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.