Providing Infrastructure Platform to Reduce Costs and Help Scale Growing IT Demands
PALO ALTO, Calif. – May 8, 2017 – Inpixon (NASDAQ: INPX), a leading indoor positioning and data analytics company, announced today it received a purchase order of approximately $2.5 million from a leading Fortune 500 health insurer. Inpixon will design and deploy a highly modernized infrastructure platform for the customer’s core commercial claims processing application.
Under this project, Inpixon will develop a highly flexible and scalable data center platform that will reduce costs and better respond to the customer’s growing information technology needs. Inpixon’s solution will also help migrate business data from a co-located data center to the customer’s own newly expanded data center.
“Businesses across industries are finding value from Inpixon’s solutions. This is one example of how we are delivering on the promise of our technology solution in a variety of vertical sectors,” said Nadir Ali, CEO of Inpixon
To learn more about Inpixon and its technology solutions, click here: https://inpixon.com/solutions
Inpixon (NASDAQ: INPX) is a leader in Indoor Positioning and Data Analytics. Inpixon sensors are designed to find all accessible cellular, Wi-Fi, and Bluetooth devices anonymously. Paired with a high performance, data analytics platform this technology delivers visibility, security, and business intelligence on any commercial or government premises world-wide. Inpixon’s products, infrastructure solutions, and professional services group help customers take advantage of mobile, big data, analytics, and the Internet of Things (IoT) to uncover the untold stories of the indoors. For the latest insight on Indoor Positioning and Data Analytics, follow Inpixon on LinkedIn and @InpixonHQ on Twitter.
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 Act, 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 Inpixon 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.
Inpixon Investor Relations:
Scott Arnold, +1 (516) 222-2560
Inpixon Media Contact:
PAN Communications, +1 (617) 502-4347