PALO ALTO, Calif. – July 11, 2016 – Sysorex (NASDAQ: SYRX), a developer of high performance analytics software and solutions, today announced purchase orders for approximately $2.5 million from a leading California-based beverage manufacturer and distributor to design and deploy a next generation data center architecture. Under the terms of the project, Sysorex will develop a “virtualized,” or software-defined, data center (SDDC) that will help the client reduce costs and better respond to its growing data storage and information technology needs. Sysorex will also help the client migrate twenty years of business data from its legacy data center to the new one.
“Software-defined data centers are crucial to the long-term success of data-driven organizations,” said Nadir Ali, CEO of Sysorex. “The volume and velocity of business data are growing exponentially, so the flexibility and automation the SDDC provides are key to successfully managing that growth. We’re pleased that the client recognized Sysorex’s proven expertise in data management and analytics and selected us for this very important project,” he said.
Work on the project begins immediately.
Sysorex develops the systems and solutions that power the data-driven enterprise. With an innovative approach to big data, analytics and the Internet of Things (IoT), we blend virtual data from software and networks with the huge volume of physical data generated by mobile devices and Internet-connected things to open new worlds of insight. Our unique solutions are helping organizations worldwide improve decision making, increase productivity, and fuel the discoveries of tomorrow. Headquartered in Palo Alto, California, we have regional offices in North America, Europe and the Middle East. Visit sysorex.com, follow us @SysorexGlobal and Link up on LinkedIn.
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 Sysorex 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, the company’s ability to obtain financing, competition, general economic conditions and other factors that are detailed in the company’s 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.
A. Sage Osterfeld, +1 (760) 707-0459
Sysorex Investor Relations:
Scott Arnold, +1 (516) 222-2560