FBI Renews Contract with Inpixon Federal
- April 18th, 2017
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PALO ALTO, Calif. / CRWE PRESS RELEASE / 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.
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 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.
Inpixon Investor Relations:
Scott Arnold, +1 (516) 222-2560
Inpixon Media Contact:
PAN Communications, +1 (617) 502-4347