PALO ALTO, Calif.–(BUSINESS WIRE)–Sysorex (NASDAQ:SYRX), a global technology leader specializing in big data analytics and location-based mobile solutions for the private and public sectors, today announced that Nadir Ali, Sysorex’s CEO, will present at the LD Micro Main Event VII Conference at the Luxe Sunset, Los Angeles, CA on Tuesday, December 2, 2014 at 3:00pm PDT, Track 3. The company will be available for 1-on-1 meetings throughout the conference on December 2 and 3, 2014.
“We are pleased to return to the LD Micro Conference where we will be discussing our growth strategy and exciting corporate developments,” said Nadir Ali, CEO of Sysorex.
“We are honored to have Sysorex present at the Main Event this year,” stated Chris Lahiji, Founder of LD Micro.
About Sysorex Global Holdings Corp.
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 @Sysorex and Like us on Facebook.
About LD Micro
LD Micro is an internet-based financial newsletter […]
SYSOREX To Present At The Inaugural Equities.Com Small-Cap Stars Conference At The NASDAQ Marketsite On December 18, 2014
Palo Alto, CA, Nov. 20, 2014 (GLOBE NEWSWIRE) — Sysorex (NASDAQ:SYRX), a global technology leader specializing in big data analytics and location-based mobile solutions for the private and public sectors today announced that it will be presenting at the inaugural equities.com Small-Cap Stars Conference at the world-famous NASDAQ MarketSite on December 18, 2014. The event is an opportunity for the brightest emerging growth NASDAQ-listed small-cap companies to present and network with an exclusive group of top-level institutional investors
Sysorex develops advanced big data analytics, location-based mobile solutions and cybersecurity systems for organizations in a broad variety of industries including retail, healthcare, publishing, higher education, banking and finance, law enforcement and public sector agencies. Headquartered in Palo Alto, California, and with regional offices in the United States, Canada, South America and EMEA, Sysorex boasts a global network of customers and resellers.
The equities.com Small-Cap Stars Conference is highlighted with a keynote presentation by legendary money manager and small-cap pioneer Ken Fisher, CEO of Fisher Investments. There will also be a special guest presentation by Rock & Roll Hall of Famer Gene Simmons, a New York Times best-selling author and Master of Brand Identity. The event, which is for the institutional audience only, will […]
PALO ALTO, Calif.–(BUSINESS WIRE)–Sysorex (NASDAQ:SYRX), a global technology leader specializing in big data analytics and location-based mobile solutions for the private and public sectors, today reported financial results for the third quarter ended September 30, 2014.
Third Quarter 2014 Financial Highlights:
- Third quarter revenue of $14.3 million
- Third quarter gross margin of 30%
- Third quarter GAAP net loss of $0.13 per share, Proforma Non-GAAP net loss1 of $0.08 per share
- Third quarter Non-GAAP Adjusted EBITDA1 of negative $1.5 million
“While our third quarter revenue and gross margin were lower than projected, we are anticipating approximately 30% annual revenue growth over 2013 with the contribution of the acquisitions we have made since 2013,” said Nadir Ali, CEO of Sysorex. “We remain focused on our integration efforts, including the transition from lower margin to higher margin solutions and identifying cost synergies to leverage our operating structure.”
Third Quarter 2014 Financial Results
Revenue: Third quarter revenue was $14.3 million, an increase of 2% from the third quarter of 2013. Total revenue included $11.8 million of IT Commercial revenue, $1 million of IT Government revenue, $1 million of eSolutions revenue, and $480,000 of Location-based Technology revenue.
Gross Profit: Third quarter gross profit was $4.3 million, compared to $3.8 million for the third quarter of 2013. Gross margin for the third quarter was 30%, compared […]
PALO ALTO, Calif.–(BUSINESS WIRE)–In a strategic alliance, Sysorex (NASDAQ:SYRX) subsidiary AirPatrol Corporation, a developer of mobile device detection and locationing systems, and Cubeware GmbH, a leading provider of business intelligence and analytics software in Europe, today announced that they are offering an integrated next generation big data analytics platform focused on gaining business insights based on where, how and when people use mobile devices.
AirPatrol develops a system that uses small sensors to detect and locate cellular and WiFi devices based on the signals they emit. The system can anonymously count customers, measure foot traffic flow, monitor how long people stay and how often they return. It can also trigger actions such as sending an alert, coupon or information via phone-based apps when the device moves into a “hot zone.” AirPatrol’s systems are used in a broad variety of settings from shopping malls and event venues to public buildings, hospitals and universities.
“More people use a personal mobile phone than a personal computer and, unlike a personal computer, people carry their phone just about everywhere they go,” said AirPatrol’s Chief Marketing Officer, Sage Osterfeld. “More importantly, how people use their phones – for business, socializing, shopping, information gathering, entertainment, etc. — has a lot […]
COLUMBIA, Md.–(BUSINESS WIRE)–Cleve Adams, CEO of AirPatrol Corporation, a Sysorex (NASDAQ:SYRX) subsidiary, and a developer of mobile device detection and locationing systems, has joined the National Initiative for Cybersecurity Education (NICE) Cybersecurity Map’s advisory board. The NICE Cybersecurity Map is an interactive US map that reveals cybersecurity job locations, the skills required, and training offered to applicants while increasing engagement with employers, academic institutions and industry. The project will officially launch at the 5th Annual NICE Conference and Expo November 5, 2014 in Columbia, MD.
Kicking off November, which is National Cyber Security Awareness month, NICE is hosting a conference to connect the cybersecurity education system. With technology providers as well as members of government, education, banking, insurance and many more, the two-day conference is also launching the NICE Cybersecurity Map project.
“When people think ‘cybersecurity’ they often forget the majority of computers today aren’t laptops or servers but the smartphones and tablets nearly everyone carries. Ironically, those devices are rarely subject to the same security standards we apply to traditional computers and networks,” Adams said. “I am pleased to join the advisory board of this revolutionary map to convey the mobile influence that should be taken into consideration while working with cyber initiatives, both local and nationwide,” he […]
Sysorex to Announce Third Quarter 2014 Financial Results and Provide a Company Update on Thursday, November 13, 2014
PALO ALTO, Calif.–(BUSINESS WIRE)–Sysorex Global Holdings Corp. (NASDAQ:SYRX) (“Sysorex”), a global technology provider specializing in big data analytics and location-based mobile solutions for the private and public sectors, today announced that it will issue financial results and corporate developments for the Third Quarter ended September 30, 2014 following the market close on November 13, 2014.
Management will host a conference call on Thursday, November 13, 2014, at 4:30pm Eastern Time to review financial results and corporate highlights. Following management’s formal remarks, there will be a question and answer session.
To listen to the conference call, interested parties within the U.S. should call 1-866-652-5200. International callers should call +1-412-317-6060. All callers should ask for the Sysorex Global Holdings Corp. conference call. The conference call will also be available through a live webcast at www.sysorex.com.
A replay of the call will be available approximately one hour after the end of the call through December 6, 2014. The replay can be accessed via Sysorex’s website or by dialing 1-877-344-7529 (U.S.) or +1-412-317-0088 (international). The replay conference playback code is 10054854.
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 […]
Lilien Systems Announces New Reseller Partner Agreements with Seagate and Basho for Object Storage Solutions
Recent reseller agreements extend relationship and services for delivering reliable solutions for on-premises or private cloud enterprise customers
SAN FRANCISCO–(BUSINESS WIRE)–Lilien Systems, a wholly-owned subsidiary of Sysorex Global Holdings Corp. (NASDAQ:SYRX), today announced new strategic reseller partner agreements with Seagate Technology’s Cloud Systems and Solutions and Basho Technologies to address the emerging and growing market of object storage solutions, which IDC Marketscape estimates to be a $21.7 billion market by 2017. We believe the combination of technologies and services from Basho, Seagate and Lilien, respectively, form a synergistic foundation for delivering highly reliable, massively scalable object storage solutions and professional services to enterprise customers. Forthcoming object storage solutions resulting from the partnership will target on-premises or private cloud environments for medium to large enterprises.
“Lilien is very proud to be a reseller of technology and services for Seagate and Basho,” said Dhruv Gulati, executive vice president, Lilien Systems. “We believe these relationships will substantially grow our already successful Big Data/Analytics and Private Cloud practices with our commercial and federal clientele.”
Seagate recently announced it is extending its market position as a trusted partner in storing, protecting and sharing data by going beyond its strong disk drive business to deliver cloud systems and solutions for original equipment manufacturers (OEMs) and “do-it-yourself” (DIY) cloud service providers. “We are pleased to extend […]
SAN FRANCISCO–(BUSINESS WIRE)–Lilien Systems, a wholly-owned subsidiary of Sysorex Global Holdings Corp. (NASDAQ:SYRX), announced it has been named to CIO Review’s 100 Most Promising Oracle Solution Providers for 2014. According to CIO Review, these companies are in the forefront of tackling Big Data challenges and impacting the marketplace.
As a prelude to CIO Review’s 100 Most Promising Big Data Companies, a distinguished panel of CEOs, CIOs, industry analysts and the editorial board of CIO Review evaluated the capabilities of thousands of vendors in this space. “We shortlisted the ones that we believe are at the forefront of delivering integrated and innovative technologies to streamline operations across the Oracle landscape,” said Christo Jacob, CIO Review’s managing editor. “The solution providers highlighted on our annual list are betting on and winning big with Oracle. We congratulate these organizations and look forward to their continued success.”
Lilien leverages 30 years of delivering IT infrastructure solutions through partnerships with the leaders in Big Data technologies like Oracle, and has completed complex Big Data projects with “early-adopters” within the hosting, mobility and Web 2.0 industries. “There are few integrators that we believe can match our end-to-end capabilities and standards,” said Lilien President Bret Osborn. “We offer best-practice architecture and seamless integration with existing infrastructure to […]
PALO ALTO, Calif.–(BUSINESS WIRE)–Sysorex Global Holdings Corp. (NASDAQ:SYRX) (“Sysorex”), a global technology provider specializing in big data analytics and location-based mobile solutions for the private and public sectors, today announced that Will Frederick has joined the company as Chief Financial Officer effective October 1, 2014. Mr. Frederick replaces Ms. Wendy Loundermon who will now serve as VP of Finance.
“Mr. Frederick brings a wealth of experience to Sysorex and we are pleased to welcome him as an integral member of our team,” said Nadir Ali, CEO of Sysorex Global Holdings Corp. “Ms. Loundermon has been instrumental in helping Sysorex achieve our recent growth and we congratulate her on her new role as VP of Finance,” he continued.
“These are exciting times for Sysorex and I am delighted to be joining such a terrific management team and look forward to contributing toward the continued growth of the company in the years ahead,” commented Will Frederick.
Mr. Frederick brings more than 25 years of financial leadership to Sysorex in strategic planning, financial reporting, mergers, acquisitions, and international finance in both public and private companies. Prior to joining Sysorex, Mr. Frederick served as Chief Financial Officer at Neural ID LLC; Chief Financial Officer of Entelos Holding Corp., which was acquired by Rosa & […]
New patents bolster company’s leadership in app-free precision device locationing and mobile security
MAPLE LAWN, Md.–(BUSINESS WIRE)–AirPatrol Corporation (“Airpatrol”), a wholly-owned subsidiary of Sysorex Global Holdings Corp. (NASDAQ:SYRX), today announced that the U.S. Patent and Trademark Office has issued two new patents to AirPatrol for its technology developments in the areas of mobile device detection, locationing and security. The first patent, number 8,838,812, is for a method of securing a device by automatically turning off its WiFi when it connects to a network via a wired connection. The second patent, number 8,843,155, is for a system that detects, locates and monitors the movement of mobile devices – smartphones, tables and wirelessly connected “things” — based on the radio frequencies they emit, and then permits the system to interact with the devices based on location, device owner and other parameters.
“We’re very pleased to receive patent protection for the work we’ve done in the areas of mobile device security, locationing and management,” said AirPatrol CEO Cleve Adams. “We believe the newly issued patents will help us highlight the advantages of our unique technologies and bring products to new markets more quickly.”
AirPatrol’s core “Zone” technology is built on a network of paperback book sized sensors that can be mounted indoors or outdoors. The sensors “listen” for the radio frequencies regularly broadcast by cellular phones and […]