|[July 14, 2014]
Sysorex Global Holdings Corp. Appoints New Directors
SANTA CLARA, Calif. --(Business Wire)--
Sysorex Global Holdings Corp. (NASDAQ:SYRX), ("Sysorex") an
information technology solutions and services company, today announced
the appointment of Thomas L. Steding, Tanveer A. Khader and Kareem M.
Irfan to its Board of Directors. The Company's Board of Directors is now
comprised of seven directors, four of whom are independent in compliance
with Nasdaq Rule 5605(b).
"We are honored to add Mr. Steding, Mr. Khader and Mr. Irfan as
independent members to our Board of Directors," said Nadir Ali, CEO of
Sysorex Global Holdings Corp. "We believe their breadth of
multidisciplinary expertise and experience shepherding dynamic, fast
growing businesses will be extremely valuable as Sysorex continues to
expand," he continued.
Mr. Steding has a strong technology background and has served as Chief
Executive Officer of many companies including Zephyr Photonics; Red
Condor, Inc.; Liquid Engines, Inc.; Stion Corp and Astoria Software,
Inc. Additionally, Mr. Steding has served as Chairman of the Board for
Linguastat, Inc. since 2006. He holds a Ph.D. in Electrical Engineering
from University of California, Berkeley, California, and a MS in
Management (Sloan Fellow) from Stanford University Graduate School of
Business, Stanford, California. He also holds degrees in Electrical
Engineering from the University of Michigan.
Mr. Khader brings a wealth of operations experience in software
development, data analytics and strategic planning. Since 2010, Mr.
Khader has been the Executive Vice President of Systat Software Inc.,
where he also served as Senior Vice President from 2008-2010, Vice
President from 2004-2008, and General Manager from 2002-2004. Mr. Khader
holds a BE in Engineering from Bangalore University and a degree in
Business Administration from St. Joseph's Commerce College.
Mr. Irfan has extensive experience advising information tehnology
companies, managing corporate governance and regulatory management
policies, and more than ten years of executive management expertise.
Since 2011, Mr. Irfan has been the Chief Strategy Officer and General
Counsel of Cranes Software International. Prior to that he was the
General Counsel of Schneider Electric (News - Alert) from 2005 until 2011. Mr. Irfan is
a graduate of DePaul University College of Law, holds a MS in Computer
Engineering from the University of Illinois, and a BS in Electronics
Engineering from Bangalore University.
About Sysorex Global Holdings
Through focused, custom technology solutions, Sysorex (NASDAQ:SYRX)
provides cyber security, data analytics, custom application development,
cloud solutions, Mobile/BYOD solutions and strategic outsourcing to
government and commercial clients in major industries around the world.
From identifying security risks to helping clients realize value from
their big data strategies, Sysorex has the experience, technology,
partners, and agility to be your trusted IT partner. Visit www.sysorex.com,
and Like us on Facebook.
Safe Harbor Statement
All statements in this release that are not based on historical fact are
"forward looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995 and the provisions of Section
27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. While management has based
any forward looking statements included in this release on its current
expectations, the information on which such expectations were based may
change. These forward looking statements rely on a number of assumptions
concerning future events and are subject to a number of risks,
uncertainties and other factors, many of which are outside of our
control, which could cause actual results to materially differ from such
statements. Such risks, uncertainties, and other factors include, but
are not limited to, the fluctuation of global economic conditions, the
performance of management and our employees, our ability to obtain
financing, competition, general economic conditions and other factors
that are to be detailed in our periodic and current reports available
for review at www.sec.gov.
Furthermore, we operate in a highly competitive and rapidly changing
environment where new and unanticipated risks may arise. Accordingly,
investors should not place any reliance on forward-looking statements as
a prediction of actual results. We disclaim any intention to, and
undertake no obligation to, update or revise forward-looking statements.
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