Boston, MA 07/21/2014 (wallstreetpr) – InterCloud Systems, Inc. (NASDAQ:ICLD) has started getting an inflow of new purchase orders throughout its three divisions, namely Applications and Infrastructure Services, Cloud and Managed Service and Professional Services. The backlog for new business at present, for the year 2014 is more than $23 million and that is in excess.
Great News For All
The business backlog consists of about $5 million of work from Cloud and Managed Services Division while $7 Million of work from Professional Services segment for wireless network upgrading. Mark Munro, the CEO of InterCloud Systems considers this new business backlog as robust and at all time high for the company. He further adds that all main shareholders will be benefitted from this. The backlog will further support the guidance which the company provided earlier seeing the expected growth of the industry.
Earlier to this, InterCloud Systems, Inc. (NASDAQ:ICLD) had announced a new contract deal worth $1.1 million with a renowned New York City Hospital Group with the basic goal of supplying everything related to networking architecture, including value added services like services of pre-sale consultation, solution design etc. This also included awards for three year of managed services centered towards cloud that supported the environment. The company also geared up for providing complete turnkey implementation with its company’s professional services consisting of advanced applications.
Shares Soar High
These good news affected share prices of the company positively and so the stock price jumped high by 12.74% to $6.55 in the pre market trading on Friday, 18th July 2014. InterCloud Systems, Inc. (NASDAQ:ICLD). is a renowned service provider of end-to-end information technology (IT). The company helps in system integration and solutions centric services like providing network solutions to the telecommunications companies (carrier) and corporate enterprises. Its offerings has cloud and managing services, professional consultation, staffing services and voice, data or other optical solutions to assist its customers regular need of changing technology.
