News Column

Sysorex Global Holdings Corp. Appoints New Directors

July 14, 2014

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Sysorex Global Holdings Corp. (NASDAQ:SYRX), (“Sysorex”) an information technology solutions and services company, today announced the appointment of Thomas L. Steding, Tanveer A. Khader and Kareem M. Irfan to its Board of Directors. The Company’s Board of Directors is now comprised of seven directors, four of whom are independent in compliance with Nasdaq Rule 5605(b).

“We are honored to add Mr. Steding, Mr. Khader and Mr. Irfan as independent members to our Board of Directors,” said Nadir Ali, CEO of Sysorex Global Holdings Corp. “We believe their breadth of multidisciplinary expertise and experience shepherding dynamic, fast growing businesses will be extremely valuable as Sysorex continues to expand,” he continued.

Mr. Steding has a strong technology background and has served as Chief Executive Officer of many companies including Zephyr Photonics; Red Condor, Inc.; Liquid Engines, Inc.; Stion Corp and Astoria Software, Inc. Additionally, Mr. Steding has served as Chairman of the Board for Linguastat, Inc. since 2006. He holds a Ph.D. in Electrical Engineering from University of California, Berkeley, California, and a MS in Management (Sloan Fellow) from Stanford University Graduate School of Business, Stanford, California. He also holds degrees in Electrical Engineering from the University of Michigan.

Mr. Khader brings a wealth of operations experience in software development, data analytics and strategic planning. Since 2010, Mr. Khader has been the Executive Vice President of Systat Software Inc., where he also served as Senior Vice President from 2008-2010, Vice President from 2004-2008, and General Manager from 2002-2004. Mr. Khader holds a BE in Engineering from Bangalore University and a degree in Business Administration from St. Joseph’s Commerce College.

Mr. Irfan has extensive experience advising information technology companies, managing corporate governance and regulatory management policies, and more than ten years of executive management expertise. Since 2011, Mr. Irfan has been the Chief Strategy Officer and General Counsel of Cranes Software International. Prior to that he was the General Counsel of Schneider Electric from 2005 until 2011. Mr. Irfan is a graduate of DePaul University College of Law, holds a MS in Computer Engineering from the University of Illinois, and a BS in Electronics Engineering from Bangalore University.

About Sysorex Global Holdings

Through focused, custom technology solutions, Sysorex (NASDAQ:SYRX) provides cyber security, data analytics, custom application development, cloud solutions, Mobile/BYOD solutions and strategic outsourcing to government and commercial clients in major industries around the world. From identifying security risks to helping clients realize value from their big data strategies, Sysorex has the experience, technology, partners, and agility to be your trusted IT partner. Visit www.sysorex.com, follow @SysorexGlobal and Like us on Facebook.

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 Securities Act of 1933, as amended, 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 our control, 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 our employees, our ability to obtain financing, competition, general economic conditions and other factors that are to be detailed in our 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.




Sysorex Investor Relations Contact:

CorProminence LLC

Scott Arnold, +1 516-222-2560

Managing Director

www.corprominence.com

Source: Sysorex Global Holdings Corp.


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