One Stop Systems to Ring Nasdaq Opening Bell on Tuesday, January 15
ESCONDIDO, Calif., Dec. 17, 2018 (GLOBE NEWSWIRE) -- One Stop Systems Inc. (Nasdaq: OSS), the leader in specialized high-performance computers, has been invited to ring the Nasdaq Stock Market Opening Bell on Tuesday, January 15, to commemorate the first-year anniversary of the company’s IPO.
In honor of the occasion, Steve Cooper, the founder, president and CEO of OSS, will ring the opening bell at the Nasdaq Market site in Times Square, where he will be joined by other members of the OSS team.
“The ringing of the opening bell marks another significant milestone for OSS,” said Cooper. “It underscores our strong growth and industry leadership, and our ability to successfully execute on our M&A strategy, such as our recent acquisition of Bressner Technology that expanded our presence in Europe. We remain on track for another record year in 2018 and into 2019, as we continue to deliver specialized, high-performance computing solutions to customers around the world.” The event will be broadcasted on major business networks and a live webcast of the Nasdaq Closing Bell can be accessed at new.livestream.com/nasdaq/live.
OSS recently reported record third quarter of 2018 results, with revenue for the quarter up 45% compared to a year ago. OSS and its new Bressner subsidiary have become increasingly dominant in the worldwide market for specialized high-performance computing, recently announcing four major OEM design-ins. Inclusive of Bressner, the company expects revenue growth of 84% to 113% in fourth quarter of 2018.
OSS management will be available throughout the day to meet individually with shareholders and investors. To request a meeting, please contact OSS investor relations at (949) 432-7557.
To learn more about OSS, visit www.onestopsystems.com
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About One Stop SystemsOne Stop Systems, Inc. (OSS) designs and manufactures high performance compute accelerators, flash storage arrays and customized servers for deep learning, AI, defense, finance and entertainment applications. OSS utilizes the power of PCI Express, the latest GPU accelerators and NVMe flash cards to build award-winning systems, including many industry firsts, for OEMs and government customers. The company’s innovative hardware and Ion Accelerator Software offers exceptional performance and unparalleled scalability. OSS products are available directly, through global distributors, or via its SkyScale cloud services. For more information, go to www.onestopsystems.com
Forward-Looking StatementsOne Stop Systems (OSS) cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. These statements are based on the company’s current beliefs and expectations. These forward-looking statements include statements regarding the ability of OSS to continue to deliver superior solutions for high-performance computing and about the anticipated features and performance of its flash array products. The inclusion of forward-looking statements should not be regarded as a representation by One Stop Systems that any of our plans will be achieved. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including, without limitation, risks associated with meeting and maintaining ISO certification standards, maintaining performance standards, impacts, costs and other features in our product lines and other risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading “Risk Factors” in our Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and we undertake no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Media Contact:Katie RiveraOne Stop Systems, Inc.Tel (760) 745-9883 Email contact
Investor Relations:Ronald Both or Grant StudeCMATel (949) 432-7557 Email contact