Inpixon was Approved for a Number of Systems, Monitors and Accessories to Support the Army
PALO ALTO, Calif. – July 12, 2017 – Inpixon (NASDAQ: INPX), a leading indoor positioning and data analytics company, today announced that subsidiary, Inpixon Federal, has been approved to offer the Army a number of configurations by Fujitsu, Panasonic and Samsung.
The Army Consolidated Buy Number 25 is part of the Army Desktop and Mobile Computing-2 (ADMC-2) contract with a $5B ceiling awarded previously to Inpixon and eight other prime contract holders. Under the ADMC-2 consolidated buys (CB), the Army competes out a list of configurations for each consolidated buy among nine contract holders on a per delivery order basis. The Army CIO memo requires all desktop and laptop computers to be purchased through the Army consolidated buy.
Inpixon Federal was approved for the following items on its ADMC CB-25 catalog:
Fujitsu Desktop: Standard, All-in-One and Performance;
Fujitsu Laptop: Mainstream, Slate tablet, Lightweight;
Panasonic: Ruggedized, Specialty;
Samsung monitors: 22”, 24” and 27”; and
Lexmark: Mono and color Printers.
The Army ADMC-2 CB-25 ordering period is from June 26, 2017 and ends September 30, 2017, during which Inpixon Federal is projecting over $10 Million in delivery orders.
“This consolidated buy is a critical addition to our Army offering,” said Zaman Khan, President of Inpixon Federal. “we are the first to exclusively introduce Fujitsu’s family of computer products into the Army ADMC-2 and are lowest in price for our Fujitsu tablet offerings and priced extremely competitive with all our other offerings. This will allow us to capture revenue during the last quarter before the end of the government fiscal year, ending September 30, 2017.”
Inpixon Federal also holds several other federal contract vehicles including GSA IT Schedule 70, NITAAC CIO-CS, NASA SEWP V, FBI ITAP, and a subcontract on the Army’s EITS.
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 @_Inpixon 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.
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