Friday, June 26, 2020

One Stop Systems Inc. (OSS)

Removes Interim CEO Tag from David Raun

One Stop Systems Inc is US-based company which is principally engaged in designing, manufacturing, marketing high-end systems for high performance computing (HPC) applications. The company offers custom servers, compute accelerators, solid-state storage arrays and system expansion systems. The product line of the company includes GPU Appliances, GPU Expansion, GPUs and co-processors, Flash storage arrays, Flash storage expansion, Servers, Disk Arrays, Desktop computing appliances, accessories and parts. The company delivers high-end technology to customers through the sale of equipment and software for use on their premises or through remote cloud access to secure data centres housing technology.

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Its Official. Yesterday, One Stop Systems named David Raun as President and CEO. Mr. Raun had been serving as interim CEO since February. Mr. Raun originally joined OSS's Board in 2016 and served as audit committee chair. As we mentioned upon his interim appointment, Mr. Raun is a seasoned leader with extensive experience in the technology space. He has a track record of driving increased revenue and profits and is intimately familiar with the PCIe switch technology. Mr. Raun is a good fit for OSS, in our view.

New Directors. Earlier this month, OSS announced the appointment of three independent board members, Sita Lowman, Gioia Messinger, and Greg Matz, effective July 1. In addition to increasing the Board to seven members, the new directors bring a wide range of relevant experience to...

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report.  NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision.