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INX Awarded Two State of New Mexico Price Agreement Contracts for Data Network Systems and Services as Well as for Telephony Systems Equipment and Services

TMCNet:  INX Awarded Two State of New Mexico Price Agreement Contracts for Data Network Systems and Services as Well as for Telephony Systems Equipment and Services

[January 13, 2009]

INX Awarded Two State of New Mexico Price Agreement Contracts for Data Network Systems and Services as Well as for Telephony Systems Equipment and Services

HOUSTON --(Business Wire)--

INX Inc., (NASDAQ:INXI) announced today that it has been awarded two separate State of New Mexico price Agreements for data and voice technologies and services.

The State of New Mexico Department of Information Technology has awarded INX two separate Price Agreements as multi-source awards. The two contracts, the first for data network systems equipment and services and the second for telephony systems equipment and services, are procurement vehicles that may be used statewide by other local governments and public educational entities. The terms of both contracts are for one year in duration, beginning in January 2009, and contain three annual renewal options.

Andrew Cadwell, Vice President of Sales for INX said, "We are pleased that INX was selected for both price agreements by the State of New Mexico. We have a long and successful track record of serving public entities in New Mexico and these contracts will extend our ability to offer our services to these entities."

ABOUT INX INC.:

INX Inc. (NASDAQ: INXI - News) is a leading U.S. provider of unified communications and data center virtualization 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 network, 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 the benefit that INX expects from the announced contracts, as well as statements related to expected market trends and INX performance. 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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