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Sysorex Announces Completion of Debt Refinancing & Integrio Technologies Acquisition

November 29, 2016

MSK client Sysorex (Nasdaq: SYRX) ("the Company"), a developer of high performance analytics software and solutions, announced on November 29, 2016, that it has completed the acquisition of certain assets of Integrio Technologies, an IT integration and engineering company providing cutting-edge solutions for federal, state and local government agencies, subject to novation of certain state and federal government contracts. The acquisition was funded with the proceeds received in connection with the concurrent closing of a $10 million debt refinancing with GemCap Lending I, LLC.

The Integrio asset purchase is a significant addition to the Company’s Professional Services and Government VAR business segments which:

MSK served as Sysorex’s legal counsel in both transactions and was led by Melanie Figueroa, Managing Partner of the firm’s New York office and member of the Corporate & Business Transactions Department. The MSK team also included Marc Jones, Tony Adler, Gabrielle Napolitano, Siyuan An, and Louisa Zhou. MSK International Trade Practice Chair Susan Kohn Ross advised on regulatory matters pertaining to any government contracts involved in the acquisition.

Media contact:
Doug Gold, Chief Marketing Officer

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