Inpixon To Announce Second Quarter 2017 Financial Results and Provide Company Update on Monday, August 21, 2017

PALO ALTO, Calif.–(BUSINESS WIRE)–Inpixon (NASDAQ: INPX), a leading indoor positioning and data analytics company, today announced that it will issue Second Quarter 2017 financial results for the period ended June 30, 2017, and provide an update on corporate developments at 4:05pm eastern time on Monday, August 21, 2017.

Inpixon announcing Q2 corporate developments at 4:05pm ET on Monday, August 21, 2017.

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Management will host a conference call on Monday, August 21, 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 Sysorex Corp. conference call. The conference call will also be available through a live webcast, which can be accessed at http://client.irwebkit.com/inpixon/events.

A replay of the call will be available approximately one hour after the end of the call through September 21, 2017. The replay can be accessed via Sysorex’s website or by dialing 1-877-344-7529 (U.S.) or +1-412-317-0088 (international). The replay conference playback code is 10111622.

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 […]

By | 2017-08-16T18:17:27+00:00 August 16th, 2017|Categories: News|Tags: , , , , , , , |0 Comments

Inpixon Secures Increased Financing Facility to Process Growing Orders

Inpixon completes financial agreement with Payplant to continue supporting its growing opportunities and accelerating revenue

PALO ALTO, Calif.–(BUSINESS WIRE)–Inpixon (NASDAQ:INPX), a leading indoor positioning analytics company, announced that it has entered into a receivables and purchase order funding agreement with Payplant, LLC and replaced the existing $1.4 million loan to Gemcap. The Payplant facility will allow increased flexibility in meeting working capital needs by processing a growing amount of commercial and government purchase orders.

Inpixon welcomes Payplant as a finance partner, who shares our long-term vision for the company.

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“We’re very pleased to welcome Payplant as a finance partner going forward, as Inpixon strengthens its Indoor Positioning Analytics solutions to deliver IoT and wireless device security, customer insight and business intelligence to all indoor premises,” said Nadir Ali, Inpixon CEO. “After separating and refocusing the operations of the Company into Value-Added Reseller and Inpixon Product units, raising $6 million to mostly repay debts, we are excited to establish partnership with Payplant who share our long-term vision of the Company and the market.”

“Inpixon is an emerging leader in a very lucrative market of Indoor Positioning with a respectable customer base and we are happy to support its growth mission,” said Neerav Berry, Payplant CEO & Co-Founder. “Inpixon fits our objective of providing creative financing […]

Inpixon Federal Awarded Contract from The Bureau of Census

Providing Software Enterprise License Agreement (ELA) and 24×7 Maintenance

PALO ALTO, Calif.–(BUSINESS WIRE)–Inpixon (NASDAQ: INPX), a leading indoor positioning and data analytics company, today announced that subsidiary, Inpixon Federal, received two delivery orders from the Bureau of Census, based on Inpixon Federal’s GSA IT 70 Schedule, for a one year software Enterprise License Agreement (ELA) and 24×7 maintenance. The value of the orders is over $1.4M.

Inpixon’s subsidiary, Inpixon Federal, received two delivery orders from the Bureau of Census.

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“We are pleased to continue our support to the Bureau of Census,” said Zaman Khan, President of Inpixon Federal. “Furthermore, this is another example of us strengthening our federal business relationships.”

The orders provide an enterprise licensing agreement to support the entire Bureau of Census and including maintenance support under two support agreements. Under the terms of the contract, the Bureau of Census can extend the contract for six months at the end of the one year base period of performance.

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

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 […]

Inpixon Joins ng Connect Program to Advance the Adoption and Development of Indoor Positioning Analytics

Inpixon to collaborate with multi-industry open innovation ecosystem founded by Nokia to provide indoor positioning and analytics platform for next generation networks, cloud and IoT technologies

PALO ALTO, Calif.–(BUSINESS WIRE)–Inpixon (NASDAQ:INPX), a leading indoor positioning and data analytics company, today announced its participation in the ng Connect Program, founded by Nokia, to create new high value solutions. By joining this program, Inpixon plans to supply the benefits of sensor technology, real-time positioning, and data analytics to customers across numerous industries. Inpixon will collaborate with other members to develop solutions suites for several markets, including financial services, healthcare, manufacturing, energy, retail and government agencies.

Inpixon to collaborate with multi-industry open innovation ecosystem founded by Nokia.

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Inpixon Indoor Positioning Analytics (IPA) offer unique capabilities including positioning, device recognition, device reputation, visitor analytics, and location intelligence to enable the ng Connect community’s implementation of cutting edge IoT and 5G solutions to market. The combined product set, along with member offerings, will bring new security dimensions to IoT devices and superior user experiences to customers across smart buildings, manufacturing operations, healthcare facilities, retailers, shopping malls, and government agencies.

“ng Connect Program represents substantial engagement opportunities for us across the IoT and 5G community members to deliver rich positional context and analytics platform for any location-based applications,” said Craig Harper, Inpixon CTO. “Nokia has a historical reputation […]

Inpixon Announces Technology Refresh Deal With Leading Beverage Distributor

Contract worth over $750K spanning Q2 and Q3 will upgrade customer’s existing infrastructure

PALO ALTO, Calif.–(BUSINESS WIRE)–Inpixon (NASDAQ: INPX), an indoor positioning and data analytics company, today announced a major infrastructure refresh deal with a worldwide beverage distributor. The contract, worth over $750,000, involves significant server upgrades designed to improve the beverage distributor’s data processing, management capabilities, and operations.

Inpixon’s virtualization and network specialists ensure these new servers deliver the right balance of performance, storage, reliability, manageability and efficiency to meet the customer’s evolving needs. Equipped with a highly resilient dual data center featuring HPE and VMware products, the latest servers tie both computer environments together. The infrastructure refresh deal, signed in late Q2, will be completed by the end of Q3.

“We are thrilled to finalize this technology refresh deal with one of the world’s preeminent beverage distributors and a long-time customer,” said Inpixon CEO, Nadir Ali. “Our engineers have designed a solution that will save money and resources, as well as increase operational efficiencies across our customer’s data center for years to come.”

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 […]

Inpixon Expanding Offering of Canon USA’s RadPRO SecurPASS Security Screening System

PALO ALTO, Calif. – July 20, 2017 – Inpixon (NASDAQ: INPX), a leading indoor positioning and data analytics company, today announced that subsidiary, Inpixon Federal, is partnering with Virtual Imaging, Inc., a wholly owned subsidiary of Canon U.S.A., Inc., to improve the safety and security of federal, state and local government correctional facilities.

Together, Inpixon Federal and Virtual Imaging, Inc. have delivered over 100 RadPRO SecurPASS Security Screening Systems across the nation’s correctional facilities. The SecurPASS Whole-Body Scanners feature the most technologically advanced full body images available and can detect all metallic, non-metallic, organic or inorganic contraband found in any body cavity. The scanners ensure correctional officers can safely and easily find weapons and other contraband including cell phones and illegal and prescription drugs that inmates might be carrying.

Inpixon Federal continues to fulfill orders as they are being issued and anticipate over $5.5M in revenue by the end of the 2017.

“The SecurPASS system is critical to the safety of correctional facilities across the nation ,” said Zaman Khan, President of Inpixon Federal. “This solution works well with Inpixon’s Indoor Positioning Analytics (IPA) as a layered approach to controlling contraband. Inpixon received an order for its IPA product as a pilot to detect mobile devices including cellular phones and portable electronic devices that have already made their way into inmate facilities as illegal contrabands. Our IPA […]

By | 2017-07-20T10:00:08+00:00 July 20th, 2017|Categories: News|0 Comments

Inpixon offerings added to NASA SEWP V Government-wide Strategic Solutions (GSS) for Laptops and Monitors

PALO ALTO, Calif. – July 17, 2017 – Inpixon (NASDAQ: INPX), a leading indoor positioning and data analytics company, today announced that subsidiary, Inpixon Federal, has been approved to expand its NASA Solutions for Enterprise-Wide Procurement V (SEWP V) catalog to include offerings that meet the requirements for the Government-wide Strategic Solutions (GSS) for Laptops and Monitors.  The NASA SEWP V GSS is part of the overall Federal Strategic Sourcing Initiative (FSSI) established in 2013 by the Office of Management and Budget (OMB). The framework reduces cost and increases value to over 25 federal agencies.

Under the terms of the NASA SEWP V GSS, Inpixon is offering Fujitsu laptops and Samsung monitors to Inpixon Federal’s NASA SEWP V catalog.

“We are pleased to have our offerings added to our SEWP V contract,” said Zaman Khan, President of Inpixon Federal. “Moreover, this program enables federal agencies to procure laptops and monitors that create value for these agencies and are available at a critical time of the last quarter before the end of the government fiscal year, ending September 30, 2017.”

NASA SEWP V is a multi-award Government-Wide Acquisition Contract (GWAC) vehicle with over 140 pre-competed contract holders, of which Inpixon is a prime contractor. The contract value is $20B over a five-year base and one five-year option starting in April of 2015.

Inpixon Federal also holds several other federal contract […]

Inpixon is approved for the Army Consolidated Buy number 25

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 […]

By | 2017-07-12T09:31:20+00:00 July 12th, 2017|Categories: News|0 Comments

Winners of the 2017 IoT Security Excellence Award Announced

Published July 6th 2017 on IoT Evolution.

TMC, a global, integrated media company helping clients build communities in print, in person and online, today announced the winners of the 2017 Security Excellence Award, presented by IoT Evolution Magazine.

The award honors the best, most innovative security  products and solutions released in the last twelve months as judged by the editors of TMC’s IoT Evolution World magazine.

“Congratulations to the recipients of the 2017 IoT Security Excellence Award,” said Rich Tehrani, CEO, TMC. “It excites us to see the latest innovative products and solutions in the IoT Security industry, as we look forward to seeing their future successes!”

Winners of the 2017 Security Excellence Award will be announced online and highlighted in IoT Evolution Magazine.

2017 Security Excellence Award Recipients

Company Product
Avaya
Avaya Surge Solution
BullGuard Dojo by BullGuard
CENTRI Technology CENTRI Internet of Things Advanced Security – IoTAS
Dell (News – Alert) Technologies EdgeX Foundry Project hosted by Linux Foundation
Forgerock ForgeRock
Gemalto Gemalto Trusted Key Manager for LoRa
HARMAN Connected Services IoT Gateway
Inpixon Inpixon IPA
IoTium IoTium
Machine-To-Machine Intelligence Corporation IoT Security Suite
Maxim Integrated (News – Alert) MAXQ1061 DeepCover Cryptographic Controller
Zipit Wireless (News – Alert) Zipit IoT Platform
zvelo zveloIoT

 

 

 

 

 

 

 

 

 

 

For more than 20 years, TMC has been honoring technology companies with awards in various categories. These awards are regarded as some of the most prestigious and respected awards in the communications and technology sector worldwide.  Winners represent prominent players in the market who consistently demonstrate the advancement of technologies. Each recipient is a […]

Inpixon Completes $6,000,000 Underwritten Public Offering

PALO ALTO, CA, JUNE 30, 2017 INPIXON (NASDAQ: INPX) (the “Company” or Inpixon”), a leading indoor positioning and data analytics company, today announced the closing of its previously announced underwritten public offering of (i) Class A Units, at a price to the public of $1.05 per unit, consisting of 1,849,460 shares of our Common Stock and Warrants to purchase 1,849,460 shares of Common Stock, and (ii) Class B Units, at a price to the public of $1,000 per unit, consisting of 4,060 shares of our Series 2 Convertible Preferred Stock, and each convertible into  shares of Common Stock, and Warrants exercisable for the number of shares of Common Stock into which the shares of Series 2 Convertible Preferred Stock are convertible. The Warrants will have an exercise price of $1.3125, will be exercisable upon issuance and will expire five years from the date of issuance. Inpixon’s common stock is listed on the NASDAQ Capital Market under the symbol “INPX.”

Aegis Capital Corp. acted as the sole book-running manager for the offering.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission and was declared effective on June 28, 2017.

The offering will be made only by means of a prospectus. A copy of the prospectus relating to the offering may be obtained, when available, by contacting Aegis Capital Corp., Prospectus Department, 810 […]

By | 2017-07-12T09:31:29+00:00 June 30th, 2017|Categories: News|Tags: , , , , , |0 Comments