ESCONDIDO, Calif., Nov. 30, 2023 (GLOBE NEWSWIRE) — One Cease Techniques, Inc. (Nasdaq: OSS), a pacesetter in rugged excessive efficiency compute (HPC) for synthetic intelligence (AI), machine studying (ML) and sensor processing on the edge, has appointed Mitchell H. Herbets as a member of its board of administrators.
Concurrent with the appointment, OSS’ board of administrators adopted a decision to briefly enhance the scale of the board from eight members to 9 members, efficient instantly, and to subsequently lower the scale of the board right down to seven members, efficient as of the corporate’s 2024 annual assembly of stockholders. Herbets’ appointment completes the nine-person board.
“Mitch brings in depth strategic and technical expertise as an government serving the know-how and protection industries, which is very complementary to our company mission and focus,” acknowledged OSS chairman, Ken Potashner. “We look ahead to his steering and recommendation as we more and more interact with new navy alternatives.”
Mitchell H. Herbets Bio
Herbets at present serves as non-executive chairman of Thales Protection and Safety, a worldwide know-how firm that gives superior know-how gear to the U.S. protection and federal know-how markets.
His present chairman positions additionally embrace:
Herbets beforehand served on the board of Wi-fi Telecom Group (WTT), a NYSE American-listed supplier of infrastructure for mobile methods, LTE and 5G waveforms, and telecommunications take a look at gear firm earlier than it was acquired by Maury Microwave earlier this yr.
He earlier served as president and CEO of Thales Communications (now Thales Protection and Safety), a worldwide chief in tactical radio know-how. Throughout his tenure, the corporate achieved common income development of greater than 30% and delivered a median EBIT of greater than 20%.
Previous to being appointed a president and CEO of Thales, he served in quite a few senior government positions on the firm, together with management roles in program administration, engineering, and enterprise improvement. Earlier than Thales, he served 4 years in U.S. Military with the ultimate rank of captain.
He holds a bachelor’s diploma in electrical engineering from Lehigh College, the place he at present serves as a member of the advisory councils of Lehigh College’s Engineering School and its Electrical & Laptop Engineering Division. He earned his MBA from George Washington College.
About One Cease Techniques
One Cease Techniques, Inc. (Nasdaq: OSS) is a pacesetter in AI Transportable options for the demanding ‘edge.’ OSS designs and manufactures the very best efficiency compute and storage merchandise that allow rugged AI, sensor fusion and autonomous capabilities with out compromise. These {hardware} and software program platforms convey the most recent knowledge heart efficiency to the cruel and difficult purposes, whether or not they’re on land, sea or within the air.
OSS merchandise embrace ruggedized servers, compute accelerators, flash storage arrays, and storage acceleration software program. These specialised compact merchandise are used throughout a number of industries and purposes, together with autonomous trucking and farming, in addition to plane, drones, ships and autos throughout the protection trade.
OSS options deal with your entire AI workflow, from high-speed knowledge acquisition to deep studying, coaching and large-scale inference, and have delivered many trade firsts for industrial OEM and authorities prospects.
Because the quickest rising section of the multi-billion-dollar edge computing market, AI Transportables require—and OSS delivers—the very best degree of efficiency in probably the most difficult environments with out compromise.
OSS merchandise can be found instantly or by way of international distributors. For extra data, go to www.onestopsystems.com. You can too comply with OSS on Twitter, YouTube, and LinkedIn.
Ahead-Wanting Statements
One Cease Techniques cautions you that statements on this press launch that aren’t an outline of historic information are forward-looking statements. These statements are primarily based on the corporate’s present beliefs and expectations. The inclusion of forward-looking statements shouldn’t be considered a illustration by One Cease Techniques or its companions that any of our plans or expectations might be achieved, together with however not restricted to, administration’s expectation for brand new alternatives within the AI transportable options and different areas, the corporate’s penetration of the Protection and AI Transportable sectors, future modifications to our enterprise aims, modifications to our board of administrators, and different future monetary projections. Precise outcomes could differ from these set forth on this press launch as a result of danger and uncertainties inherent in our enterprise, together with dangers described in our prior press releases and in our filings with the Securities and Alternate Fee (SEC), together with underneath the heading “Danger Components” in our newest Annual Report on Type 10-Okay and any subsequent filings with the SEC. You might be cautioned to not place undue reliance on these forward-looking statements, which converse solely as of the date hereof, and the corporate undertakes no obligation to revise or replace this press launch to replicate occasions or circumstances after the date hereof. All forward-looking statements are certified of their entirety by this cautionary assertion, which is made underneath the secure harbor provisions of the Personal Securities Litigation Reform Act of 1995.
Media Contacts:
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One Cease Techniques, Inc.
Tel (760) 745-9883
Tim Randall
CMA Media Relations
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Investor Relations:
Ronald Each or Grant Stude
CMA Investor Relations
Tel (949) 432-7557