DecisionPoint Appoints Ralph Hubregsen as Chief Operating Officer
New COO Position Expands Management Team
FOOTHILL RANCH, CA -- (MARKET WIRE) -- 09/07/11 -- DecisionPoint Systems, Inc. (OTCBB: DPSI), a leading enterprise mobility and RFID systems integrator, today announced the appointment of Ralph Hubregsen as Chief Operating Officer, a new position at the company. Mr. Hubregsen will be responsible for the management of DecisionPoint's sales functions, field mobility practice, software and professional services, product development and marketing, and other support functions. Mr. Hubregsen's appointment is effective immediately.
"Decision Point has reached a pivotal point in its corporate history, having expanded the breadth of our business through acquisition, and recently introduced several new product offerings. To take full advantage of the burgeoning opportunities for growth, we decided to add a proven sales executive with strong operational experience to the management team," said Nicholas Toms, Chief Executive Officer of DecisionPoint. "With his extensive background building and leading high-performance sales teams, deep knowledge of enterprise sales and services, and experience in evolving hardware businesses to software and services models, Ralph is just the executive for this important new role. We welcome Ralph to the DecisionPoint team and look forward to his contributions."
Mr. Hubregsen (52) was most recently Vice President Worldwide Channels at Symplified, a leading cloud security company that provides a SaaS-based single sign-on and identity access management solution. Prior to joining Symplified in 2010, Mr. Hubregsen was Founder and President of Venado Technologies, an integrator of innovative software and service solutions for large commercial enterprise accounts, and Federal and State government agencies, where he was responsible for negotiating and managing several multi-million dollar contracts with a number of Federal agencies. Prior to that Mr. Hubregsen served as Vice President of Sales at MonoSphere, Inc., which was sold to Quest Software in December 2008.
In addition to founding Venado Technologies, Mr. Hubregsen founded the Saillant Consulting Group in 1998. Under his leadership, Saillant, which specialized in the delivery of content management and document management solutions for large Fortune 500 companies and federal agencies, grew to $12 million in revenue and 50 employees. Saillant was sold to a large privately-held solution provider in 2005. Between 1995 and 1997, Mr. Hubregsen served as Vice President of Western Field Operations for Peak Technologies Group after Peak purchased Innovative Products and Peripherals (IPPC), a company also founded by Mr. Hubregsen and his partners. IPPC was a leading provider of mobility solutions for the industrial marketplace. Through Mr. Hubregsen's sales and operational leadership, IPPC evolved from a traditional hardware provider to a sophisticated data collection integrator by emphasizing software and services as key differentiators.
Prior to IPPC, Mr. Hubregsen held sales management positions at Digital Equipment Corporation and General Electric. Mr. Hubregsen holds an MBA from the University of Denver and BA from Saint Michael's College.
About DecisionPoint Systems, Inc.
DecisionPoint Systems, Inc. (OTCBB: DPSI) delivers improved productivity and operational advantages to its clients by helping them move their business decision points closer to their customers. They do this by making enterprise software applications accessible to the front-line worker anytime, anywhere. DecisionPoint utilizes the latest wireless, mobility, and RFID technologies. For more information visit www.decisionpt.com/news.php.
Forward-Looking Statements
Under The Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. These risks and uncertainties are described in the Company's periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectation.
Company Contact: Nicholas R. Toms Chief Executive Officer T: 973-290-0100 ext 110 ntoms@decisionpt.com Investor Relations Contact: Stephanie Prince/Jody Burfening Lippert/Heilshorn & Associates T: 212-838-3777 sprince@lhai.com
Source: DecisionPoint Systems, Inc.
Released September 7, 2011