INX Awarded Education Communication System Contract by New Mexico Children, Youth and Families Department Juvenile Justice Education Agency (CYFD - JJS Education).HOUSTON -- INX Inc., (NASDAQ:INXI) announced today that it has been awarded a $1.3 million dollar contract by The State of New Mexico's Children, Youth and Families Department to implement an education communication network. The New Mexico Children, Youth and Families Department (CYFD) Juvenile Justice Education Agency recently contracted INX to develop an education use communication system within the Juvenile Justice Education System. The project will improve remote access to educational resources and connectivity to other educational entities. INX will design, implement, and maintain the communication network. The network will incorporate Albuquerque's Youth Diagnostic Development Center (YDDC), Camino Nuevo, Las Cruces, Carlsbad, Springer and Eagle Nest educational facilities. CYFD Juvenile Justice Education applied for and received E-rate funding to: facilitate increased bandwidth between statewide locations, install video conferencing equipment to facilitate distance education and the sharing of teaching resources within CYFD Juvenile Justice Schools, and increase distance education to in-state and out of state Higher Education Facilities. CYFD Juvenile Justice chose INX based on project requirements and the expertise that INX holds in the technology and the E-Rate process. Jean Rightley, Superintendent of Education at CYFD, said, "We are excited to implement this technology network which will allow us to expand our educational services and provide our instructors with additional tools and skills. The support from INX to create this network is allowing our isolated sites to collaborate as a unified community of learners and teachers." Ted Bonnell, Regional Manager of INX's Southwest Region, said, "The State of New Mexico and INX have a long standing relationship and we are pleased that CYFD has selected INX as their technology partner for this important project." The project is scheduled for completion in July. The contract represents approximately $1.3 million in product and services revenue to INX. About INX Inc.: INX Inc. (NASDAQ:INXI) 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 statements related to expected benefits 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. |
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