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Stock Market & Financial Investment News

News Breaks
April 10, 2014
06:31 EDTSYRXSysorex Global 3.333M share IPO priced at $6.00
The deal size was reduced to 3.3M shares from 3.6M shares and priced at the high end of the $5.00-$6.00 range. Wellington Shields and Dougherty acted as joint book running managers for the offering.
News For SYRX From The Last 14 Days
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July 6, 2015
09:31 EDTSYRXSysorex reaches IT infrastructure deal with ‘leading health care provider’
Sysorex announced a new IT infrastructure development engagement with a Fortune 500 health care services provider based in California. Sysorex will develop and deploy a new advanced systems architecture that will provide high availability, security and compliance for proprietary health care systems currently under development by the client. The project is worth slightly more than $500,000. This is the second such engagement between the two companies. In May Sysorex completed a $1.9M critical infrastructure project that overhauled the reliability and security of the health care provider’s tier one business systems and data repositories.
July 1, 2015
09:03 EDTSYRXSysorex announces $2.5M AirPatrol contract
Sysorex announced that its AirPatrol mobile device locationing and analytics system has been chosen as the worker locationing and asset management platform to be used in a new community under development in the State of Qatar to house workers on the country’s infrastructure projects ahead of the nation’s hosting of the 2022 FIFA World Cup. The total value of the contract to Sysorex is estimated at approximately $2.5M. The project is led by Doha, Qatar-based developer Daruna Development. It plans to design, build and operate a turn-key community that will include living accommodations, recreation, healthcare and retail facilities for 6,500 workers south of Doha, Qatar. Construction is slated to begin in mid-July and be ready for workers to begin moving in in February of 2016. To assist in the running of the new community, Daruna has engaged a Sysorex partner, Networked Solutions Limited, to install and operate a state-of-the-art integrated IT based human capital management solution to keep its many operations running smoothly. The solution includes networking the community with more than 1,000 of Sysorex’s AirPatrol sensors to provide location-based services and security as well as insight into how residents flow through the community, which facilities are most popular, and where improvements can be made.

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