HERNDON, Va., July 29, 2019 (GLOBE NEWSWIRE) -- Sysorex, Inc. (OTCQB: SYSX)  announced that Sysorex’s Board of Directors has approved a reverse stock split of its common stock whereby every one hundred (100) shares of its outstanding common stock or shares of common stock held by Sysorex as treasury stock will automatically be combined into one (1) share of common stock. The reverse split will be effective as of the commencement of trading on July 30, 2019. The common stock has been assigned a new CUSIP number (87185L 206) in connection with the reverse stock split.

Sysorex is an established provider of IT solutions and professional services enabling customers to manage, protect, and monetize their enterprise assets whether on-premises, in the cloud, or via mobile. These products include enterprise computing, storage, virtualization, networking, etc. and the services include custom application and software design, architecture and development, staff augmentation and project management. Investors can find real-time quotes and market information for Sysorex at www.otcmarkets.com.

ABOUT SYSOREX

Sysorex provides information technology and telecommunications solutions and services to commercial and government customers primarily in the United States. Sysorex’s goal is to deliver right-fit information technology solutions that help organizations reach their next level of business advantage. To that end, Sysorex provides a variety of IT services and/or technologies that enable customers to manage, protect, and monetize their enterprise assets whether on-premises, in the cloud, or via mobile. For more information regarding Sysorex, please visit www.sysorexinc.com