OSS Wins Four Major OEM Design-ins
ESCONDIDO, Calif., Nov. 07, 2018 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS) and its wholly-owned subsidiary, Bressner Technology, a leading specialized high-performance computing supplier in Europe, have won four major OEM design-ins for specialized high-performance computer systems.
OSS defines a major OEM design-in as applications expected to achieve an annual production run-rate of more than $1 million.
- Medical Panel PC for laser surgery medical equipment (Bressner).
- Security video analysis server system (Bressner).
- Satellite communications compute accelerator (OSS).
- Smart studio (augmented reality) video display system for television production, concerts and shows (OSS).
“These new design-ins represent state-of-the-art technology applied to specific application needs,” said Steve Cooper, OSS president and CEO. “OSS and its recently acquired Bressner subsidiary are becoming increasingly dominant in the worldwide market for specialized high-performance computing.”
“OEM design wins such as these allow OSS to layer on long-term recurring revenue,” added Cooper, “helping the company achieve high-growth results.”
Prototypes for these customers are anticipated to ship in Q4 2018 with full production shipments to begin in 2019.
About One Stop Systems
One Stop Systems, Inc. (OSS) designs and manufactures specialized high-performance computers including customized servers, compute accelerators, flash storage arrays, expansion systems and other specialized system elements. These products are used for deep learning, AI, defense, medical, finance and entertainment applications. OSS utilizes the power of PCI Express, 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.
About Bressner Technology
Bressner Technology GmbH, a subsidiary of OSS, provides standard and customized servers, panel PCs, and PCIe expansion systems. Founded in 1994 by Josef Bressner, the company has a manufacturing, test and sales office in the Gröbenzell, Germany and is ISO 9001 certified. Further information is available at www.bressner.de/en/.
One 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 timing of shipments and orders, 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.
One Stop Systems, Inc.
Tel (760) 745-9883
Ronald Both or Grant Stude
Tel (949) 432-7557
Released November 7, 2018