Sunday, July 3, 2016

InterCloud Secures Purchase Orders for Software Defined Networking (SDN) Virtual Network Function Validation Services Valued at Over $4.0 Million in annualized revenue

SHREWSBURY, N.J., June 30, 2016 (GLOBE NEWSWIRE) — @InterCloud Systems, Inc. (Nasdaq:ICLD) a leading provider of cloud networking orchestration and automation solutions and services, announced today that it received over $4.0 million in purchase orders since the beginning of 2016 for Software Defined Networking ( #SDN ) and Virtual Network Function ( #VNF ) Validation services for a Global networking company. The work involves SDN training, SDN integration services and the utilization of InterCloud’s state of the art, multi-vendor virtual network function validation services platform, NFVGrid. Mark Munro, CEO of InterCloud Systems stated: “This is one of the most significant announcements InterCloud has ever released. InterCloud is now an active participant in complex multi-vendor SDN deployments. InterCloud is not only generating new revenue around SDN and VNF validation but more importantly we are gaining incredibly valuable experience and knowledge in this early stage SDN market expansion. We believe this experience will give us a competitive advantage as more carriers and enterprise customers begin to migrate their networks to the virtualized world of SDN.”

http://investingnews.com/daily/tech-investing/cloud-investing/intercloud-secures-purchase-orders-software-defined-networking-sdn-virtual-network-function-validation-services-valued-4-0-million-annualized-revenue/

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