InterCloud’s Netlayer.io Announces Multi-Year Software OEM license Agreement With a VOIP carrier
Summary
NEW YORK, April 19, 2018 (GLOBE NEWSWIRE) -- InterCloud Systems, Inc. (the "Company" or "InterCloud") (OTC:ICLD), a leading provider of cloud networking orchestration and automation solutions and services, today announces it has signed a significant license agreement with a Voice Over IP (VOIP) carrier.Netlayer.io has several other opportunities in the pipeline and our strategy is to deliver our platform to carriers in a white label environment and not sell SD-WAN direct.In addition, CEO of InterCloud Mark Munro stated, “We believe that with continued growth from Netlayer.io we achieve a valuation that is more attributable to software as a service companies and return value to our shareholders.InterClouds cloud solutions offer enterprise and service-provider customers the opportunity to adopt an operational expense model by outsourcing cloud deployment and management to InterCloud rather than the capital expense model that has dominated in recent decades in IT infrastructure management.The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the companys expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based except as required by applicable law and regulations.