InterCloud Systems, Inc. Announces New Combined Business of

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News Desk 2018
InterCloud Systems, Inc. Announces New Combined Business of $2.5 Million for New York State Organizations

SHREWSBURY, N.J., Jan. 14, 2015 (GLOBE NEWSWIRE) -- InterCloud Systems, Inc. (Nasdaq: ICLD ), a single-source provider of end-to-end information technology (IT) and next-generation network solutions, to the service provider (carrier) and corporate enterprise markets, through cloud solutions and professional services, announced today that it was awarded a series of contracts having a value of approximately $2.5 million for New York State organizations. These contracts consist of communications solutions and support, virtual service platforms, and optical DMDW upgrades. This work is expected to begin immediately.

Frank Jadevaia, President of InterCloud Systems stated; "We are excited about our most recent awards. Our positioning and go to market model provides the ability for our customers to migrate from their legacy applications and infrastructure, to the new dynamics proliferating in the industry today. This advancement happens at a pace that the client strategy dictates."

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 service provider (carrier) and corporate enterprise markets through cloud solutions and professional services. InterCloud offers cloud and managed services, professional 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. Additional information regarding InterCloud may be found on InterCloud'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.

If you would like more information about this topic, please contact at Investor Relations, InterCloud Systems, Inc. at 561-988-1988.

Investor Relations InterCloud Systems, Inc. Telephone 561-988-1988 Website www.intercloudsys.com

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