PALO ALTO, Calif.--(BUSINESS WIRE)--Inpixon (NASDAQ: INPX), a leading indoor positioning and data analytics company, today announced that the Army Contracting Command – Rock Island Munitions Transportation Management System (MTMS) – contract was renewed for its second ordering period to Inpixon Federal division. Inpixon Federal will continue to perform on the current task order with a Firm Fixed Price amount of $1.9 million. The second ordering period commences on March 26, 2017.
Under the terms of the MTMS sustainment, Inpixon Federal will sustain and maintain operations of all computer programs, interfaces, communications links and databases associated with the MTMS (Global Air Transportation Execution System (GATES), Defense Automatic Addressing System Center (DAASC), Global Freight Management (GFM), Integrated Booking System (IBS), Joint Hazard Classification System (JHCS), Transportation Global Edit Table (TGET), and its supporting subsystem modules (COMPRO (Load Consolidation Tool), CAM Sourcing (Centralized Ammunition Management), and the Vessel Planning Tool).
“We are pleased to continue our work on this important project with the ACC – RI. The MTMS sustainment program is critical for the readiness of our warfighters,” said Nadir Ali, CEO of Inpixon. “Our team of experts in software engineering, program management, data administration, analysis and analytics will ensure this program is successful in supporting mission goals for the U.S. Army and provide a 24 x 7 technical point of contact (POC) for customer support.”
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 @_Inpixon 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.