OSS Gen 4 PCIe Production Orders in 2020 Top $3.5 Million
May 11 2020 - 08:31AM
One Stop Systems, Inc. (Nasdaq: OSS) has received more than $3.5
million in production orders for its new Gen 4 PCIe products from
multiple OEM customers for delivery in 2020. As the first company
to introduce Gen 4-based components to the market, the orders
demonstrate OSS’ continued leadership in high-performance edge
computing.
The Gen 4 PCIe production orders include those placed by a
market leader in NVMe flash memory testing and validation tools.
The customer plans to incorporate two OSS Gen 4 PCIe cable
adapters and an OSS Gen 4 backplane in its testing equipment. The
equipment will ultimately be used by Tier 1 NVMe flash memory
vendors that provide high-performance SSD storage for the next
generation of gaming laptops, mobile workstations, public and
private cloud datacenter and AI on the Fly® edge computing
infrastructure.
Other orders include the OSS PCIe Gen 4 all-flash array
StorageBox 2000 to be used by an Asian flash memory manufacturer,
with additional orders for two data center applications in
partnership with Liqid, a provider of software-defined composable
infrastructure. One data center application will use a OSS 4UV Gen
4 storage system and the other a OSS Gen 4 GPU acceleration system.
These composable infrastructure solutions are designed to double
datacenter hardware speed and utilization versus previous Gen
3-based systems.
“OSS was the first-to-market with Gen 4 solutions, doubling the
performance of the most demanding of HPC deployments on the edge,”
noted Jim Ison, OSS chief sales and marketing officer. “Working
closely with our customers and partners, OSS is leading the global
transition to Gen 4.” About One Stop
Systems One Stop Systems, Inc. (OSS) designs and
manufactures innovative specialized high-performance computing
modules and systems, including customized servers, compute
accelerators, expansion systems, flash storage arrays and Ion
Accelerator storage software. These products are used for deep
learning, AI, defense, finance and entertainment applications, and
empower scientists, engineers, creators and other professionals to
push the boundaries of their industries.
OSS utilizes the power of PCI Express, the latest GPU
accelerators and NVMe storage to build award-winning systems,
including many industry firsts, for OEMs and government customers.
The company enables AI on the Fly® by bringing AI datacenter
performance to ‘the edge’ and on mobile platforms, and by
addressing the entire AI workflow, from high speed data acquisition
to deep learning, training and inference. OSS products are
available directly or through global distributors. For more
information, go to www.onestopsystems.com.
Forward-Looking StatementsOne Stop Systems
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. 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: the quantity and timing of Gen 4
product shipments, the fitness of our products for Tier 1 storage
or composable infrastructure applications, customers or markets,
global pandemics (including COVID-19) or other disasters or public
health concerns in regions of the world where we have operations or
source material or sell products, 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.
Media Contact: Katie Rivera One Stop Systems,
Inc. Tel (760) 745-9883Email contact
Investor Relations:Ronald Both or Grant
StudeCMATel (949) 432-7557 Email contact
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