INX Awarded Watts Regulator Managed Services Solution Contract
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HOUSTON--(Business Wire)-- INX Inc., (NASDAQ:INXI) announced today that it has been awarded a $1.4M Managed Services contract for Watts Regulator. Watts Regulator has awarded INX with a $1.4M contract to provide an integrated managed services solution for its Data Center and IT Service departments. Faced with a need to cut costs throughout the company during the recent economic downturn, Watts Regulator decided to downsize its IT headcount. Reduction of headcount hindered the ability of Watt`s IT department to balance their demand for service to the end user community while continuing to manage their existing IT infrastructure. The managed service solution addresses these needs by allowing Watts to outsource the management of their data center operations, Cisco Unified Communications solution, and security tools. The offering leverages multiple industry-leading management applications that enable INX to provide specific service that addresses the unique and individual business requirements that Watts has. Commenting on the contract award, Ethan Simmons, INX Regional Manager, said, "During these challenging economic times our clients are finding it burdensome to effectively support the array of technologies, tools, and resources that their business requires to be competitive. INX Managed Services allows our customers to leverage our people, processes, and our best-of-class platform to realize greater operational efficiently, thereby reducing costs, while at the same time providing a higher level of availability and customer service to their users and end customers." Key contacts at Watts Regulator worked with INX to develop a phased approach to Managed Services. The first phase leveraged the INX platform to proactively manage the Watts network infrastructure and Cisco Unified Communications network. The next phase provided a comprehensive security management service that actively monitors the Watts IT infrastructure for network anomalies. The Datacenter Management phase encompasses 92 Windows servers and eight VMware ESX servers. Management of these servers includes assisting Watts Regulator with accurate documentation, continuous oversight of key production servers and management of formal escalation and communication procedures. The final phase of the solution, Service Desk, is the primary interface to the end-user and coordinates change requests, addresses problems, communicates service goals, and monitors customer satisfaction. In this case, INX Service Desk supports the Watts Regulator end user community of approximately 1,600. Watts Regulator chose INX for this Managed Services solution based upon the working relationship that had been developed over the previous two years. Historically, INX had worked with Watts Regulator on Cisco Advanced Technology Solutions such as Unified Communications and Network Security. "INX Managed Services has allowed the Watts Regulator IT team to provide a robust service desk to the end user community and to manage our Windows and VMware server infrastructure in the wake of IT headcount cutbacks, all without missing a beat," said Ty Muscat, Watts Regulator Director of Datacenter. The contract is for a period of two years. About INX Inc.: INX Inc. (NASDAQ: INXI - News) is a leading U.S. provider of IP communications and data center solutions for enterprise organizations. We offer a suite of advanced technology solutions focused around the entire life-cycle of enterprise IP network communications and data center infrastructure. Our 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. Our customers include enterprise organizations such as corporations, as well as federal, state and local governmental agencies. Because of our focus, expertise and experience implementing and supporting advanced technology solutions for enterprises, we believe we are well positioned to deliver superior solutions and services to our 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 but not limited to statements related to the benefits that INX expects from the announced contract award. All such statements are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. 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. INX Inc. Chief Financial Officer Brian Fontana, 713-795-2000 Brian.Fontana@inxi.com Copyright Business Wire 2009
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