Friday, February 21, 2020

One Stop Systems Inc. (OSS)

What Does the New CEO Bring to the Table?

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.

David Raun Appointed Interim CEO. In a somewhat surprising move, on February 18th One Stop's Board of Directors appointed Board member David Raun as interim president and CEO, succeeding Steve Cooper, who remains on the Board. Mr. Raun will serve while the Board undergoes a CEO search. We would not be surprised if Mr. Raun is one of the candidates.

Who Is David Raun?  Mr. Raun has served as a Board member since December 2016. Mr. Raun has over 20 years experience in the tech industry, including service as CEO of PLX Technology, Inc., which was a leading manufacturer of PCI Express switches and bridges, a key OSS product line, and where he the led the company to an acquisition by Avago (now Broadcom). We do not foresee any drastic changes in...

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.