Sysorex Awarded NASA SEWP V Contract

Big data and IT infrastructure firm one of a select group of winners to receive contracts in the fifth iteration of the NASA contract vehicle

PALO ALTO, Calif. – Big data software and infrastructure solutions provider Sysorex (NASDAQ: SYRX) today announced it been awarded a contract in the National Aeronautics and Space Administration’s (NASA) fifth Solutions for Enterprise-Wide Procurement (SEWP) contract vehicle. Sysorex received the contract award as part of the small business group otherwise known as “Group C”. The new vehicle has a maximum value of $20 billion with a base period of 5 years and one 5 year option period.

“We are very pleased to be a recipient of a NASA SEWP V award,” said Nadir Ali, CEO of Sysorex. “This is a prestigious contract that will allow Sysorex to offer a complement of systems and services to federal agencies worldwide, including our Sysorex mobile device security and locationing systems and our advanced big data analytics platforms.”

Ali noted that Sysorex’s long-time partnerships and deep experience with leading technology vendors and OEMs allows it to offer a broad variety of state-of-the-art solutions as well as significant cost savings to customers across the federal spectrum.

The SEWP V contract is Sysorex’s second federal government win in the past month. In March the company was awarded a subcontract on the $249 million Enterprise Information Technology Services (EITS) Indefinite Delivery / Indefinite Quantity (ID/IQ) contract in support of the U.S. Army Program Executive Office for Enterprise Information Systems (PEO-EIS).

About SEWP V
The SEWP V procurement is for a Government-wide Agency Contract (GWAC) to provide Information Technology products, services, and solutions to the entire Federal sector. This procurement activity is the fifth iteration of SEWP, and is a follow-on to the SEWP IV contracts. The principal purpose of the SEWP V contracts is to provide state-of-the-art computer technologies, high-end scientific and engineering processing capabilities, peripherals, and network equipment. SEWP V will continue to provide a Government-wide capability to gain access to leading edge IT; provide direct access to IT products and services that are aligned with high-end technical requirements; optimize productivity through utilization of powerful computer systems, state of the art supporting peripherals and software on standardized but customizable systems; and ensure the availability of reliable and affordable IT to Federal agencies.

About Sysorex
Through focused, custom technology solutions, Sysorex (NASDAQ:SYRX) provides cyber security, data analytics, cloud solutions, Mobile/BYOD solutions and strategic outsourcing to government and commercial clients in major industries around the world. From identifying security risks to helping clients realize value from their big data strategies, Sysorex has the experience, technology, partners, and agility to be your trusted IT partner. Visit Sysorex.com, follow @SysorexGlobal on Twitter and Like us on Facebook.

Safe Harbor Statement
All statements in this release that are not based on historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of the control of the registrant and its subsidiaries, which could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, the fluctuation of global economic conditions, the performance of management and employees, our ability to obtain financing, competition, general economic conditions and other factors that are detailed in our periodic and current reports available for review at www.sec.gov. Furthermore, we operate in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. We disclaim any intention to, and undertake no obligation to, update or revise forward-looking statements.

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Contacts
Sysorex:
Sage Osterfeld, +1 760-707-0459
sage.osterfeld@sysorex.com

or

Sysorex Investor Relations:
CorProminence LLC
Scott Arnold, +1 516-222-2560
scotta@corprominence.com

By |2017-04-27T03:15:46+00:00April 7th, 2015|Categories: News|Tags: , , , , |

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