IRVINE, CA — (Marketwire) — 07/27/12 — DecisionPoint Systems, Inc. (OTCBB: DPSI), a leading provider of Enterprise Mobility and RFID solutions, today announced that Donald W. Rowley, the Company-s Chief Financial Officer, has resigned to pursue other career opportunities. Mr. Rowley has also resigned from his position as a member of the Company-s Board of Directors. The Company and Mr. Rowley have entered into a Separation Agreement, which will be filed in an 8-K with the Securities and Exchange Commission.
“We thank Don for his years of extensive service during the Company-s formative years and wish him well in his future endeavors,” said Nicholas Toms, CEO of DecisionPoint. “We have engaged a search firm to identify suitable Chief Financial Officer candidates and expect to conclude the search process in the near future. In the interim, Melinda Wohl, Vice President Finance, Controller, and Treasurer and Roy Ceccato, Vice President Finance, SEC Reporting and Compliance, will report to me as they continue to direct and maintain the Company-s financial operations.”
Mr. Rowley will remain available to assist with the transition of the Company-s financial operations through December 31, 2012.
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 all the latest wireless, mobility, and RFID technologies.
For more information on DecisionPoint Systems, visit: .
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.
DecisionPoint
Nicholas R. Toms
Chief Executive Officer
T: 973-489-1425
Stephanie Prince/Jody Burfening
LHA
T: 212-838-3777
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