FBI Renews Contract with Inpixon Federal

Inpixon to provide integration services and solutions to FBI’s IT infrastructure   

PALO ALTO, Calif. – April 18, 2017 – Inpixon (NASDAQ: INPX), a leading indoor positioning and data analytics company, today announced that subsidiary, Inpixon Federal, has been awarded a second option year renewal of its Information Technology Acquisition Program (ITAP) contract by the Federal Bureau of Investigation (FBI). Inpixon Federal is one of the seven awardees who will satisfy the FBI’s Information Technology requirements, in connection with a $450 million IDIQ contract. The award of the original contract was made on January 23, 2015.

Under the terms of the ITAP contract, Inpixon Federal will provide the FBI Headquarters and Field Offices with technology refreshes on existing information technology equipment, including services to assist the government with obtaining extended maintenance, maintaining accountable property, and processing orders for equipment.

“We are pleased to be selected by the FBI to help it meet its information technology requirements, which include workstations, desktops, and printers via the ITAP contract,” said Nadir Ali, CEO of Inpixon. “Moreover, we are honored to support the FBI in supplying IT equipment through our industry leading partners that will facilitate the Bureau in meeting its mission objectives.”

Inpixon Federal also holds several other federal contract vehicles including GSA IT Schedule 70, NITAAC CIO-CS, NASA SEWP V, Army ADMC-2, and a subcontract on the Army’s EITS.

About Inpixon
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By | April 18th, 2017|Categories: In The News, News, Release Notifications|Tags: , , , , |0 Comments

Inpixon Reports Fourth Quarter and 2016 Financial Results And Provides Corporate Update

Conference Call To Be Held Today at 4:30 pm Eastern Time

PALO ALTO, Calif. – Inpixon (NASDAQ: INPX), a leading indoor positioning and data analytics company, today reported financial results for the fourth quarter and year ended December 31, 2016 and provided an update on corporate developments.

Fourth Quarter 2016 Financial Highlights:

  • 2016 Q4 revenue of $14.5 million
  • 2016 Q4 gross margin of 31%
  • 2016 Q4 GAAP net loss of $7.51 per share
  • 2016 Q4 Proforma Non-GAAP net loss1 of $2.13 per share
  • 2016 Q4 Non-GAAP Adjusted EBITDA1 loss of $2.8 million

Full Year Financial Highlights

  • 2016 revenue of $53.2 million
  • 2016 gross margin of 28%
  • 2016 GAAP net loss of $15.61 per share
  • 2016 Proforma Non-GAAP net loss1 of $7.44 per share
  • 2016 Non-GAAP Adjusted EBITDA1 loss of $9.8 million

“Sysorex is now known as Inpixon. On March 1st we changed our name from Sysorex Global to Inpixon, in connection with the rebranding of our business to focus on growing our Indoor Positioning Analytics products and services. We have expanded our capabilities with these products and services beyond the security application, which initially targeted government customers. We now have several retail customers including in our largest deployment to date in Q4 2016 in a flagship mall of one of the premier and larger mall operators in the world, further establishing our foothold in this business. Nonetheless, our financial […]

By | April 17th, 2017|Categories: In The News, News, Release Notifications|Tags: , , , |0 Comments

Inpixon To Announce 2016 Fiscal Year End Financial Results and Provide Company Update on Monday, April 17, 2017

PALO ALTO, Calif. – Inpixon (NASDAQ: INPX), a leading indoor positioning and data analytics company, today announced that it will issue 2016 Fiscal Year End financial results for the period ended December 31, 2016 and provide an update on corporate developments after market close on Monday, April 17, 2017.

Management will host a conference call on Monday, April 17, 2017, at 4:30pm Eastern Time to review financial results and corporate highlights. Following management’s formal remarks, there will be a question and answer session.

To listen to the conference call, interested parties within the U.S. should call 1-844-824-3831. International callers should call +1-412-317-5141. All callers should ask for the Inpixon conference call. The conference call will also be available through a live webcast, which can be accessed at http://client.irwebkit.com/inpixon.

A replay of the call will be available approximately one hour after the end of the call through May 17, 2017. The replay can be accessed via Inpixon’s website or by dialing 1-877-344-7529 (U.S.) or +1-412-317-0088 (international). The replay conference playback code is 10104105.

About Inpixon

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 […]

By | April 13th, 2017|Categories: In The News, News, Release Notifications|Tags: , |0 Comments

Inpixon Announces Appointment of Zaman Khan as President of Inpixon Federal

Information Technology Veteran Will Lead Expansion and Growth of Government Business Division

PALO ALTO, CA, April 11, 2017 – Inpixon (NASDAQ: INPX), a leading indoor positioning analytics company, today announced the appointment of Zaman Khan as the President of Inpixon Federal, a subsidiary of Inpixon that provides cutting-edge solutions for federal, state and local government agencies and educational institutions.

“We are extremely fortunate to have Zaman lead our Inpixon Federal organization,” said Nadir Ali, CEO of Inpixon. “His successful track record of sales and operational leadership will be instrumental to the expansion of our public sector-focused division centered on bringing innovation and modernization to federal, state and local government agencies. Zaman’s primary focus will be to strengthen our alliance with OEM vendors and pave the way to introducing our indoor positioning and data analytics solutions to this strategic market sector.”

Khan brings more than 20 years of experience in the information technology sector. Before joining Inpixon, Khan was the Executive Vice President at a large IT solutions government contractor where he was responsible for leading the development and execution of strategic programs, professional services, and contracts management. Additionally, Khan has worked for multiple IT companies garnering extensive management experience within marketing, capture management, service delivery, finance and administration.

“Inpixon has a long history of commitment in serving government agencies, […]

By | April 11th, 2017|Categories: In The News, News, Release Notifications|Tags: , , , |0 Comments

Payless becomes latest victim of retail decline. Can it make a comeback?

Payless ShoeSource announced Tuesday that it has filed for bankruptcy and plans to close 400 underperforming locations. 

Payless ShoeSource joined a growing number of retailers who have made plans to shutter stores or file for bankruptcy as shoppers move away from strip malls and stand-alone stores to in favor of online shopping.

Filing for Chapter 11 bankruptcy Tuesday, the discount shoe store announced plans to shutter some 400 underperforming stores nationwide and restructure its model, focusing on new products and inventory as well as international expansion, primarily in Latin America.

“This is a difficult, but necessary, decision driven by the continued challenges of the retail environment, which will only intensify,” Payless chief executive officer Paul Jones said in a statement. “We will build a stronger Payless for our customers, vendors and suppliers, associates, business partners and other stakeholders through this process.”

He added that the restructuring aimed to help the retailer “remain the go-to shoe store for customers in America and around the globe.”

The shoe company based in Topeka, Kan., currently has 4,400 stores in more than 30 countries.

Payless is just the latest company in a long line of traditional retailers seeking to keep […]

By | April 5th, 2017|Categories: In The News, News, Release Notifications|Tags: , , , , |1 Comment

Inpixon and Hewlett Packard Enterprise Announce West Coast Synergy Series

“Data Center of the Future” seminars debut in San Diego, Seattle and San Francisco

PALO ALTO, Calif., March 31, 2017 – Inpixon (NASDAQ: INPX), a leading indoor positioning and data analytics company, and Hewlett Packard Enterprise (HPE) today announced a series of baseball-themed seminars focused on HPE’s Synergy – a new category of infrastructure that accelerates application delivery in both traditional and new IT environments. The solution brings the “Data Center of the Future” to senior IT audiences at West Coast Major League Baseball venues, beginning with San Diego on Friday, April 7, 2017.

“In this age of Big Data, IoT and constant security threats, lines of business are demanding that their IT departments deliver the infrastructure needed to develop and deploy new applications faster,” said Bret Osborn, Chief Sales Officer at Inpixon. “HPE Synergy is today’s new hybrid IT engine—built to future-proof your data center for today’s workloads and tomorrow’s disruptors. Our seminar series will show how HPE Synergy cuts data center costs and slashes the time it takes to spin up new applications for any workload at cloud-like speed.”

According to HPE’s Chuck Smith, VP and General Manager, North American Datacenter and Hybrid Cloud, “Synergy combines storage, compute and network equipment in one chassis, along with management software that can quickly configure the hardware automatically to […]

U.S. Army Extends Contract with Inpixon

Army Contracting Command – Rock Island Munitions Transportation Management System (MTMS) – contract was renewed for its second ordering period to Inpixon Federal

PALO ALTO, Calif. Inpixon (NASDAQ: INPX), a leading indoor positioning and data analytics company, today announced that the Army Contracting Command – Rock Island Munitions Transportation Management System (MTMS) – contract was renewed for its second ordering period to Inpixon Federal division. Inpixon Federal will continue to perform on the current task order with a Firm Fixed Price amount of $1.9 million. The second ordering period commences on March 26, 2017.

Under the terms of the MTMS sustainment, Inpixon Federal will sustain and maintain operations of all computer programs, interfaces, communications links and databases associated with the MTMS (Global Air Transportation Execution System (GATES), Defense Automatic Addressing System Center (DAASC), Global Freight Management (GFM), Integrated Booking System (IBS), Joint Hazard Classification System (JHCS), Transportation Global Edit Table (TGET), and its supporting subsystem modules (COMPRO (Load Consolidation Tool), CAM Sourcing (Centralized Ammunition Management), and the Vessel Planning Tool).

“We are pleased to continue our work on this important project with the ACC – RI. The MTMS sustainment program is critical for the readiness of our warfighters,” said Nadir Ali, CEO of Inpixon. “Our team of experts in software engineering, program management, data administration, analysis and analytics […]

By | March 29th, 2017|Categories: In The News, News, Release Notifications|Tags: , , , , |0 Comments

Pulling Visibility from the Airwaves

By Matt Brunk
Published March 17,
2017 on NoJitter.com.

Using indoor positioning analytics from Inpixon, organizations can optimize processes based on how people and assets move around their environments.

If you’re looking to better understand the movement of people and assets in your environment, positioning metrics from Inpixon can help.

Inpixon (formerly Sysorex) provides an unobtrusive indoor positioning analytics solution using passive sensors that monitor airwaves and everyday ping traffic emitted by mobile devices. Note that Inpixon doesn’t register, track, or uniquely identify a person associated with a device.

On cellular networks, Inpixon collects unencrypted information publicly broadcast by a device. This includes in the cellular band (GSM, CDMA, etc.), and broadcast frequency. Inpixon logs the length of the transmission and strength of the device’s broadcast signal as observed by each sensor.

On Wi-Fi and Bluetooth networks, Inpixon collects unencrypted information publicly broadcast by a device, including MAC address, broadcast channel, and in some cases, the manufacturer of the radio chipset.

I see significant value in the traffic flow information Inpixon provides. The movement of people can be invaluable data for many businesses, such as commercial retail. Perspective clients seeking to lease retail space in a mall, for example, could use the metrics to learn about traffic flows of shoppers while existing retailers can learn how customers move throughout their stores. With this information, retailers can adjust […]

By | March 20th, 2017|Categories: In The News, Mobile, News|Tags: , , , , , , |0 Comments

Inpixon Compliant With NASDAQ Listing Requirement

PALO ALTO, Calif. – March 17, 2017 – Inpixon (NASDAQ: INPX), a leading indoor positioning and data analytics company, today announced it has received notice from NASDAQ that Inpixon has regained compliance with NASDAQ minimum closing bid price listing rule 5550(a)(2) and other applicable requirements as required for listing on The Nasdaq Stock Market.

On March 16, 2017, Inpixon received notice from NASDAQ stating, in part, that “Inpixon (the Company) has regained compliance with the minimum bid price rule, as required by the Panel’s decision dated February 8, 2017, and is in compliance with other applicable requirements as set forth in the decision and required for listing on The Nasdaq Stock Market. Accordingly, the Panel has determined to continue the listing of the Company’s securities on The Nasdaq Stock Market and is closing this matter.”

About Inpixon

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 […]

By | March 17th, 2017|Categories: In The News, News, Release Notifications|0 Comments

Inpixon to Present at ROTH Capital Partners 29th Annual Growth Stock Conference on March 15, 2017

PALO ALTO, Calif. – March 13, 2017 – Inpixon (NASDAQ: INPX), a leading indoor positioning and data analytics company, today announced Nadir Ali, CEO, will be a featured presenter at the ROTH Capital Partners 29th Annual Growth Stock Conference on Wednesday, March 15, 2017 at 10:00 AM Pacific Time in PINK – SALON 5 at the Ritz-Carlton Laguna Niguel, CA.

Mr. Ali will provide an overview of the company’s business model and growth strategy and will be available for one-on-one meetings.

About Inpixon

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 […]

By | March 13th, 2017|Categories: In The News, News|Tags: , , |0 Comments