DecisionPoint Systems Accelerates Expansion into Mobile Business Applications
New Enterprise Solutions Group to Expand Sales of APEXWare Software Throughout the U.S.; Latest Step in Strategic Shift toward Higher-Margin Businesses
IRVINE, Calif., Jan. 17, 2013 /PRNewswire/ -- DecisionPoint™ Systems, Inc. (OTCBB: DPSI), a leading provider and integrator of Enterprise Mobility and Wireless Applications, announced today that it has launched a new sales and marketing initiative and dedicated a team to accelerate the Company's move into enterprise mobile software, software subscriptions and professional services. DecisionPoint Systems Vice President of Marketing Tom Barber has been promoted to the newly created position of Vice President-General Manager of the Enterprise Solutions Group to lead the new effort.
The first task for the new Enterprise Solutions Group will be to expand the sales and marketing of APEXWare™ software throughout the United States. APEXWare is a well-known and proven suite of mobile applications for field service, merchandising, sales, delivery and warehouse management that serves multiple vertical industries in the mid-market. DecisionPoint Systems acquired APEXWare through its recent purchase of APEX Systems Integrators of Burlington, Ontario.
For more information on APEXWare please visit www.apex-ware.com.
"We have shown that we can succeed in the enterprise software, software subscriptions and professional services markets, and we are now accelerating our efforts in these areas that bring higher margins and a recurring revenue stream," said DecisionPoint Systems CEO Nicholas R. Toms. "One of the main reasons we bought APEX was to expand in these areas and APEXWare software has already proven its value. We intend to grow our revenues and margins, in this exciting area to drive increasing shareholder value."
Mr. Barber, who will report to Chief Operating Officer Ralph Hubregsen, is a long-time member of the DecisionPoint Systems management team and, prior to leading marketing, was Vice President-Products and Offerings. His background includes successfully working with mobile, wireless, networking and enterprise software products and services.
DecisionPoint Systems also announced that experienced enterprise software sales professional Jim Besselman has been appointed Vice President-Sales of the Enterprise Solutions Group. Mr. Besselman, who will report to Mr. Barber, comes to DecisionPoint Systems after success with high-performance enterprise software systems at Oversight Systems, Apriso, JDA, Telelogic, BroadVision, Oracle and Baan. He will be responsible for establishing the dedicated sales presence of the ApexWare software in the U.S.
The Enterprise Solutions Group will be wholly contained with DecisionPoint's U.S. operations.
About DecisionPoint™ Systems, Inc.
DecisionPoint Systems, Inc. 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 on DecisionPoint Systems visit www.decisionpt.com
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.
Contacts:
DecisionPoint Systems, Inc.
Nicholas R. Toms
Chief Executive Officer
(973) 489-1425
Allen & Caron, Inc.
Rudy Barrio (investors)
r.barrio@allencaron.com
(212) 691-8087
Len Hall (media)
len@allencaron.com
(949) 474-4300
SOURCE DecisionPoint Systems, Inc.
Released January 17, 2013