InterCloud Systems Granted New Contracts Worth Over $3.2 Million

InterCloud Systems, Inc.

announced Tuesday that it has been granted recently more than $3.2 million in professional service contracts to support next generation Wi-Fi, as well as, DAS network deployments from existing and new clients. InterClou Systems, CEO, Mark Munro, stated: "We continue to build upon our backlog with significant new business. While we develop our cloud portfolio of IT services and products based around software defined networks ("SDN") and network function virtualization ("NFV"), our legacy professional services segments continues to grow as our existing customers seek network upgrades and expansions." Shares of the company traded 1.89 per cent down on Tuesday.