The new contract awards include a contract with a wireless original equipment manufacturer (OEM) to manage 4G/LTE wireless network upgrades and network expansions. InterCloud will also provide maintenance services as part of the contract. Under the terms of the second contract award, InterCloud will provide professional services for network engineering, project management and other senior technical classifications required to support a major carrier's network expansions.
"Wireless carriers continue to expand and upgrade their networks, including the deployment of "Cloud" and virtualization as part of their expansion strategy, resulting in robust demand for our services," stated
The Private Securities Litigation Reform Act of 1995 (the "PSLRA") provides a "safe harbor" for forward-looking statements so long as those statements are identified as forward looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those projected in such statements.
Statements contained herein that are not based on historical fact, as well as other statements including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "will," "could" and other similar expressions, constitute forward-looking statements under the PSLRA. ICLD intends that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements are based on current assumptions but involve known and unknown risks and uncertainties that may cause the Company actual results, performance or achievements to differ materially from current expectations. These risks include economic, competitive, governmental, technological and other factors discussed in the Company's annual, quarterly and other periodic public filings on record with the
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