INX Awarded Network Upgrade Services Contract

DALLAS--()--INX Inc., (NASDAQ:INXI) announced today that it has been awarded a portion of the $2.3 million contract for The Port Commission of the Port of Houston Authority.

The Port Commission of the Port of Houston Authority awarded $2.3 million in contracts for a software upgrade to the Port Authority terminals and to expand network connectivity.

INX received $200,000 in network hardware that will expand the Bayport Container Terminal network and provide network connections to new terminal facilities.

Oakland, Calif.-based Zebra Enterprise Solutions LLC received the bulk of the award β€” $2.1 million β€” to upgrade the software applications used for terminal operations and billing at Barbours Cut, Bayport and Turning Basin terminals.

Mark Hilz, President and CEO of INX, said, β€œINX is excited to partner with Port Authority of Houston on such a large scale upgrade. We have long had a strong presence in the Gulf Coast Region.”

ABOUT INX INC.:

INX Inc. (NASDAQ:INXI) is a leading U.S. provider of IP communications and data center solutions for enterprise organizations. INX offers a suite of advanced technology solutions focused around the entire life-cycle of enterprise IP network communications and data center infrastructure. Services are centered on the design, implementation and support of network infrastructure, including routing and switching, wireless, security, unified communications, and data center solutions such as storage and server virtualization. Customers include enterprise organizations such as corporations, as well as federal, state and local governmental agencies. Because of its focus, expertise and experience implementing and supporting advanced technology solutions for enterprises, INX believes it is well positioned to deliver superior solutions and services to its customers. Additional information about INX can be found on the Web at www.inxi.com.

SAFE HARBOR STATEMENT:

The statements contained in this document that are not statements of historical fact, including, but not limited to, statements identified by the use of terms such as "anticipate," "appear," "believe," "could," "estimate," "expect," "hope," "indicate," "intend," "likely," "may," "might," "plan," "potential," "project," "seek," "should," "will," "would," and other variations or negative expressions of these terms, including statements related to expected benefits from the announced contract award, are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. Additional information about risk factors is contained in the Company's most recent filings with the SEC on Forms 10-K and 10-Q. The actual results of the future events described in the forward-looking statements in this document could differ materially from those stated in the forward-looking statements due to numerous factors. Recipients of this document are cautioned to consider these risks and uncertainties and to not place undue reliance on these forward-looking statements. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based.

Contacts

INX Inc.
Mike French, 469-549-3800
Mike.French@inxi.com
or
Hayden IR
Brett Maas, 646-536-7331
Brett@Haydenir.com

Release Summary

INX wins contract with Houston Port Authority

Contacts

INX Inc.
Mike French, 469-549-3800
Mike.French@inxi.com
or
Hayden IR
Brett Maas, 646-536-7331
Brett@Haydenir.com