Big news!!:
Sysorex Awarded Sub-Contract on $249 Million Army Enterprise IT Services Contract
Big data software solutions and infrastructure provider Sysorex (NASDAQ:SYRX) today announced it has been awarded a subcontract to support Octo Consulting Group, Inc. (Octo) on the $249 million Enterprise Information Technology Services (EITS) Indefinite Delivery / Indefinite Quantity (ID/IQ) contract in support of the U.S. Army Program Executive Office for Enterprise Information Systems (PEO-EIS).
The Army’s PEO-EIS improves, expands and modernizes the Department’s global Command, Control, Communications, Computing and Intelligence (C4I) infrastructure to enable the Department of Defense (DoD) vision for a Joint Information Environment (JIE). As the primary requiring activity within PEO-EIS, the Project Management Office for Installation Information Infrastructure – Communications and Capabilities (PM I3C2) will leverage EITS to execute its mission of providing the warfighter with secure, reliable, survivable, interoperable and standards-based access to data, voice and unified communications.
“In today’s highly competitive federal contracting landscape, Octo has many qualified providers it can choose as partners. We are pleased Octo selected Sysorex to be a member of an exceptional team that will carry out services in a wide range of critical areas to Army PEO-EIS,” said Nadir Ali, CEO of Sysorex. “We are eager to utilize our organization’s unique combination of technical expertise and hands-on experience supporting Army efforts to equip its warfighters with the highest possible quality infrastructure and protect them from immediate and ever-evolving threats.”
Sysorex has supported the Army, as well as other DOD and civilian federal organizations, for more than three decades. Primary functional areas of the Army EITS contract include:
Business Process Reengineering
Enterprise Network and Computing Design
Integrated Logistics Support
Systems Engineering
Business Management
Systems Integration
Information Assurance
Budget and Acquisition Support
Forward Deployed Support
Data, Information & Knowledge Management
Public Affairs and General Program Support
The contract has a three-year period of performance, with a 12-month base period and two 12-month option periods.
About Sysorex
Through focused, custom technology solutions, Sysorex (NASDAQ:SYRX) provides cyber security, data analytics, cloud solutions, Mobile/BYOD solutions and strategic outsourcing to government and commercial clients in major industries around the world. From identifying security risks to helping clients realize value from their big data strategies, Sysorex has the experience, technology, partners, and agility to be your trusted IT partner. Visit www.sysorex.com, follow @SysorexGlobal and Like us on Facebook.
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 the registrant 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, our ability to obtain financing, competition, general economic conditions and other factors that are detailed in our 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.
Sysorex:
Sage Osterfeld, +1 760-707-0459
sage.osterfeld@sysorex.com
or
Sysorex Investor Relations:
CorProminence LLC
Scott Arnold, +1 516-222-2560
Managing Director
www.corprominence.com
Copyright Business Wire 2015
Source: Business Wire (Mar 18, 2015 12:00:00 EDT)
News by QuoteMedia
www.quotemedia.com
