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INX Deploys Unified Communications Solution for Springboard Non-Profit Consumer Credit Management

Business Wire, July 8, 2008

HOUSTON -- INX Inc., (NASDAQ:INXI) announced today that it has been selected to design and deploy a Cisco unified communications solution for Springboard Non-Profit Consumer Credit Management's national call center.

As the consumer credit crisis deepens, Springboard has seen large increases in demand and call volume as more people seek assistance. To scale their national counseling call center, Springboard required a communications solution to meet their demand growth. INX's expertise and strong reputation as a professional services company were key in Springboard's decision to choose INX to design, supply and implement a solution that will enable Springboard to add new employees, the majority of which are additional financial counselors. The new Cisco unified communications solution will be deployed throughout Springboard's current facilities and includes their new 14,000 square foot building. As part of the government sponsored Hope Now Alliance, Springboard is providing credit counseling to the nation's people, free of charge at (888) 955-HOPE. The added capacity of the new unified communications solution will help Springboard handle the normal 4,500 calls they receive daily, while allowing for continued growth to meet the nation's needs for foreclosure prevention housing counseling.

Justin Waller, Senior Vice President of Operations at Springboard Non-Profit Consumer Credit Management said, "We are pleased to partner with INX to launch our new unified communications solution. This technology is vital to Springboard's mission as we grow to meet the increasing demand by consumers and homeowners for our credit, budget and housing counseling services. As part of the Hope Now Alliance, Springboard is excited to have the added call capacity to better equip our employees to serve the people of the nation during this time of need."

Mark Hilz, President and COO at INX said, "INX is excited to partner with Springboard and we are pleased that our solution will positively impact their ability to provide the nation needed consumer credit counseling."

The project was valued at approximately $466,000 in hardware and services revenue for INX.

About Springboard Nonprofit Consumer Credit Management

Springboard is a nonprofit credit education and financial counseling organization founded in 1974. The agency offers personal financial education and assistance with debt, credit and money management through confidential counseling. Springboard is accredited by the Council on Accreditation, signifying high standards for agency governance, fiscal integrity, counselor certification and service delivery policies. The agency provides pre-bankruptcy counseling and debtor education as mandated by the bankruptcy reform law. Springboard is a HUD approved housing counseling agency and a member of the National Foundation for Credit Counseling, a national organization of nonprofit credit counseling agencies. The agency has several locations in California and offers face-to-face and nationwide phone counseling services. For more information on Springboard, call 1-800 WISE PLAN (1-800-947-3752) ext. 7888 or visit their web site at www.credit.org

About INX:

INX Inc. (NASDAQ:INXI) is an IT infrastructure Solutions firm delivering best-of-class "Business Ready Solutions" to enterprise organizations. We offer a suite of advanced technology solutions focused around the entire life-cycle of enterprise network 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 storage and server virtualization. Our customers range from large enterprises organizations such as corporations, to public entities that include federal, state and local governmental agencies. Because of our focus, expertise and experience around 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 but not limited to the amount of revenue that INX expects from the announced contract, 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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