SYRX Stock News 3.90 05/09/2014 19:52:48 Sysorex Global Holdings

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Sysorex Global Holdings Corp. (SYRX) 3.90 $SYRX

AirPatrol Names New Vice President of Engineering
Business Wire - Wed May 07, 11:39AM CDT
AirPatrol Corporation today announced the promotion of Mark Wilson to Vice President, Engineering. Wilson, who has been with the company since its founding in 2008, was previously its director of software of development where he captained the creation of AirPatrol's mobile device security product, ZoneDefense, as well as its new location-based services platform, ZoneAware.

Sysorex Global Holdings Corp. Completes Acquisition of AirPatrol Corporation
Business Wire - Mon Apr 21, 8:01AM CDT
Sysorex Global Holdings Corp. (NASDAQ:SYRX) ("Sysorex", an emerging growth technology company, today announced that it has completed the acquisition of AirPatrol Corporation ("AirPatrol", a developer of location-based cybersecurity and commercial services systems for mobile devices, for $30 million consisting of $10 million of common stock, $10 million in cash (before working capital adjustments), plus an earn-out of up to $10 million in cash and stock based on AirPatrol achieving certain profitability levels. Based in Maple Lawn, Maryland, AirPatrol has 4 U.S. and 11 foreign patent applications pending for its location, security and context awareness systems that can detect and locate smartphones, tablets, laptops and other mobile devices. AirPatrol has become a subsidiary of Sysorex and will retain its management and operations.

Sysorex prices IPO of 3.3m common stock at USD6.00 per share
M2 - Thu Apr 10, 10:13AM CDT
Sysorex Global Holdings Corp (NASDAQ:SYRX), a technology solutions and services company, stated on Thursday that it has priced its initial public offering (IPO) of 3,333,333 shares of common stock at USD6.00 per share, including 166,667 shares of common stock sold by a selling stockholder.

At a glance: IPOs planned for coming week
By The Associated Press - AP - Fri Apr 04, 2:32PM CDT
GrubHub Inc. made a big splash in its trading debut Friday, but next week may test the size of investor appetites for initial public offerings. It's a busy week with 15 companies expected to emerge. Here's a glance at the companies scheduled to go public:

Sysorex Global Holdings and Geneseo Communications Announce Strategic Relationship
ACCESSWIRE - Thu Feb 27, 1:12PM CST
Sysorex Global Holdings to Partner with Geneseo Communications to Launch Cloud Analytics Services with Geneseo's subsidiary, ColoHub; Geneseo Completes $2M Strategic Investment in Sysorex

Mobile Innovation and the Internet of Things Expands Location, Now Worldwide
PRWeb - Fri Feb 21, 9:40AM CST
Next week, mobile and location are going to be trending. At Mobile World Congress, AirWatch Connect Barcelona is hosting an array of discussions around mobile focuses such as the latest trends, initiatives and success stories in enterprise mobility from innovative companies and leading analysts firms. Across the globe in San Francisco, the RSA Conference will address cybersecurity and mobile today, and tomorrow.

Sysorex Global Holdings Signs Definitive Agreement to Acquire AirPatrol Corporation
Marketwire - Mon Jan 06, 12:14PM CST
Sysorex Global Holdings Corp. (PINKSHEETS: SYRX) ("Sysorex", a developer of leading information technology solutions, today announced that it has signed a definitive Agreement and Plan of Merger ("Merger Agreement" to acquire AirPatrol Corporation ("AirPatrol", a mobile location-based cybersecurity systems company. Based in Maple Lawn, Maryland, AirPatrol has 4 U.S. and 11 foreign patent applications pending for its location, security and context awareness systems that can detect smartphones, tablets, laptops and other mobile devices. Upon the closing of the Merger Agreement, AirPatrol will become a subsidiary of Sysorex and retain its management and operations.

Sysorex Global Holdings Corp. Grants Interlinked an Exclusive Interview During Recent FSXinterlinked Investment Conference
PRWeb - Thu Sep 05, 3:42AM CDT
At the recent FSXinterlinked Investment Conference, held at the Ritz Carlton in Fort Lauderdale, Florida, Sysorex Global Holding Corp. representative, Scott Arnold, granted an exclusive interview for the FSXinterlinked channel on InterlinkedTV.

Sysorex Global Holdings Acquires Shoom Inc., A Leading Provider Of Cloud Based Data Analytics & Enterprise Solutions
ACCESSWIRE - Wed Sep 04, 9:47AM CDT
SANTA CLARA, CA - (Accesswire - September 04, 2013) - Sysorex Global Holdings Corp. (SYRX.PK US), a leading information technology solutions and services company, today announced it has acquired Los Angeles, CA based Shoom Inc., a leading provider of cloud based data analytics and enterprise solutions to the Media, Publishing and Entertainment industries for 2,762,000 Sysorex Common Shares of Stock and $2,500,000 in cash funded by working capital from Shoom's operations. Under the terms of the transaction, Shoom will become an operating subsidiary of Sysorex Global Holdings Corp., retaining existing management and operations.

Sysorex Global Holdings Partners with Leading Global Provider of Process-Driven IT Solutions, Softtek, in the U.S. Market
ACCESSWIRE - Mon Aug 19, 6:00PM CDT
Agreement seeks to expand and strengthen business in the public and private sectors

Sysorex Global Holdings Corp., Announces Results for the Quarter Ended June 30, 2013 and Provides Update
ACCESSWIRE - Mon Aug 19, 5:08PM CDT
SANTA CLARA, CA - (Accesswire - August 19, 2013) - Sysorex Global Holdings Corp. (SYRX.PK US), a leading information technology solutions and services company, today announced Net Revenues of $14.8 million for the Quarter ended June 30, 2013, an increase of approximately $13.8 million compared to the same period in 2012 and a Net Loss of approximately $436,000, after non-controlling interest, for the Quarter Ended June 30, 2013, compared to a Net Loss of $15,000 in the same period in 2012. However, Adjusted EBITDA (a non-GAAP financial measure) for the Quarter Ended June 30, 2013 was $194,000 compared to $8,000 for the comparable prior year period. Revenues for the three-month period increased due to the Lilien Systems acquisition, which was effective March 1, 2013, for which a full three months of revenue was recorded in our operations for the quarter. Revenue from the SPAWAR contract was not included in the results for the Quarter Ended June 30, 2013, as the SPAWAR Contract task orders were not issued in Q2 by the Navy. These are expected to start releasing in late Q3 or Q4. Net loss was attributable in part to higher than anticipated audit and S-1 transaction costs and stock-based compensation. Certain planned operating efficiencies have yet to be achieved as the integration process between the Sysorex and Lilien Systems continues. The Company expects these to be realized and have a positive impact by Q4, 2013.

Sysorex Global Holdings Corp. Announces Results for the Quarter Ended March 31, 2013
Marketwire - Tue May 21, 12:25PM CDT
Sysorex Global Holdings Corp. (PINKSHEETS: SYRX), a leading information technology solutions and services company, today announced Net Revenues of $5.4 million for the Quarter ended March 31, 2013, an increase of approximately $4.3 million compared to the same period in 2012 and a net loss of approximately ($0.9) million for the Quarter Ended March 31, 2013, compared to a net loss of ($0.1) million in the same period in 2012. Revenues for the three-month period increased due to the Lilien acquisition, which was effective March 1, 2013, of which one month of Lilien revenue was recorded in our operations for the quarter. Net loss was attributable in part to certain one-time non-recurring charges related to the Lilien acquisition, which resulted in the Company incurring significant legal, accounting, due diligence, financing and general and administrative expenses as compared to the expenses incurred in comparable prior period in 2012.

Sysorex Global Holdings Corp. To Present At The Marcum LLP MicroCap Conference
PR Newswire - Mon May 20, 7:00AM CDT
Sysorex Global Holdings Corp. (SYRX.PK US), a leading information technology solutions and services company, today announced that the Company will present at the Second Annual Marcum LLP MicroCap Conference on Thursday, May 30, 2013 in New York City at the Grand Hyatt Hotel.

Sysorex Global Holdings Corp. Engages CorProminence, LLC To Provide Investor Relations Services
PR Newswire - Mon Apr 22, 10:42AM CDT
Sysorex Global Holdings Corp. (SYRX.PK US), a leading information technology solutions and services company, today announced it has engaged CorProminence, LLC to provide comprehensive investor relations and shareholder communications services. CorProminence will assist the Company in expanding market awareness and conveying the Company's key messages to the institutional and retail investment communities. CorProminence, LLC, a leading investor relations and strategic advisory firm, specializes in leveraging the most effective investment, growth and exposure strategies for small to mid-sized companies through an integrated approach to relationship development and corporate communications.

Sysorex Completes Acquisition Of Lilien
PR Newswire - Thu Mar 21, 11:11AM CDT
Sysorex Global Holdings Corp. (SYRX.PK US), a leading information technology solutions and services company, today announced the acquisition of Lilien LLC, an enterprise IT infrastructure solution provider with over $40 million in annual revenue, through a combination of stock and cash from debt financing. Acquiring Lilien expands Sysorex's depth of enterprise service offerings, including Big Data services and advanced analytics, while providing premier partnership status with leading vendors in IT infrastructure. Lilien provides the people, processes and technology to develop and implement infrastructure for mission-critical enterprises. They provide comprehensive solutions that enable customers to solve the most complex and important IT challenges and objectives while driving the greatest business value.

Sysorex Awarded Prime Position On $250 Million Pillar Contract To Provide SPAWAR Systems Center Atlantic Business And Force Support
PR Newswire - Thu Feb 28, 12:11PM CST
Sysorex Government Services, Inc. (Sysorex), a leading information technology solutions and services company and wholly owned subsidiary of Sysorex Global Holdings Corp. (SYRX.PK), announced today that they have received a multi-million dollar contract as a small business Prime Contractor on the Space and Naval Warfare Systems Center (SSC) Atlantic Business and Force Support (BFS) contract. The potential cumulative value across all awardees of this indefinite delivery/indefinite quantity (IDIQ) multi-award contract is $250 million if all options are exercised.
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