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INX Awarded $4.3 Million Contract to Deploy Optical Network Solution

Posted on: Wednesday, 28 November 2007, 06:00 CST

INX, Inc., (NASDAQ:INXI) announced today that it has been selected to design and deploy a comprehensive optical network solution for a major U.S. metropolitan area.

As part of an effort to increase business continuity and improve services for its citizens, the city selected INX to design and deploy a citywide Cisco Systems-based Optical Network solution that will provide transport services to over 200 locations throughout the city. The fully resilient network will help control costs and increase efficiencies by providing Network Redundancy and Disaster Recovery capabilities to key city offices for applications including voice, video and data. The city-owned private network will be comprised of Cisco ONS Equipment and provide an OC-192 Backbone Ring with multiple OC-48 Sub-rings.

The contract is valued at approximately $3.8 million in product and $500,000 in services revenue for INX.

About INX:

INX Inc. (NASDAQ:INXI) is a publicly traded network infrastructure professional services firm delivering best-of-class "Business Ready Networks" to enterprise organizations. INX offers a full suite of Advanced Technology solutions that support the entire life-cycle of IP Communications systems. We design, implement and support the IP network infrastructure for enterprise organizations including routing and switching, IP Telephony, messaging, wireless, network storage and security. Operating in a highly focused manner provides a level of expertise that enables us to better compete in the markets we serve. Our customers for enterprise-level Cisco-centric advanced technology solutions include large enterprise organizations such as corporations, public schools as well as federal, state and local governmental agencies. Because we have significant experience implementing and supporting the critical technology building blocks of IP Telephony systems and other IP Communications 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 press release 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 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 press release 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.

Cisco and Cisco Systems are registered trademarks of Cisco Systems Inc. in the United States and certain other countries.

Source: Business Wire

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