Intercloud Systems awarded up to $7M in new professional services contracts InterCloud Systems announced that its Professional Services Group has signed multiple new contracts. InterCloud expects these contracts to generate between $3.5M-$7M in revenue in 2014, based on certain milestone completions. The new contract awards include a contract with a wireless original equipment manufacturer to manage 4G/LTE wireless network upgrades and network expansions. InterCloud will also provide maintenance services as part of the contract. Under the terms of the second contract award, InterCloud will provide professional services for network engineering, project management and other senior technical classifications required to support a major carrier's network expansions.
Intercloud Systems appoints Timothy Larkin as CFO InterCloud (ICLD) announced that it has hired Timothy A. Larkin as its new CFO. Prior to joining InterCloud Systems, Larkin served as CFO of Warren Resources (WRES).