One Stop Systems, Inc. (Nasdaq: OSS), a leader in AI Transportable
compute and storage solutions at the edge, has appointed industry
veteran and seasoned sales executive, Robert Kalebaugh, to the new
position of vice president of sales.
Kalebaugh brings to OSS more than 36 years of award-winning
achievement in the development, marketing, and sales engineering of
advanced technologies for the commercial and government markets.
This includes more than 30 years in global aerospace and defense,
where he built deep relationships with Tier 1 prime contractors,
filled multibillion dollar pipelines, and led sales and marketing
campaigns that secured multiple $100 million procurements.
“We anticipate that Robert’s strong skills, capabilities and
prolific record of success to spur the growth of our defense and
commercial business,” stated OSS president and CEO, Mike Knowles.
“He will help drive the success of our teams that are focused on
business development, business capture, strategy, sales, marketing
and product development. His appointment comes at a pivotal stage
in our growth and development as we prepare to launch innovative
new products that continue to push the edge of what’s
possible.”
One Stop Systems Appoints Industry Veteran,
Robert Kalebaugh, as Vice President of Sales
Working predominately within the aerospace and defense markets
of North America, Europe, and Asia, Kalebaugh has accumulated a
portfolio of wins exceeding $1 billion, and brings to OSS an
extensive network of contacts and colleagues within the combat
training, C4ISR and managed services sectors.
According to Kalebaugh: “One Stop Systems’ leadership in high
performance, ruggedized compute technology addresses the emerging
operational requirements of today’s military, enabling warfighter
overmatch and other mission-critical capabilities. This has been
demonstrated by the company’s several major contract wins and
multi-year extensions, both direct and in partnership with leading
primes.”
“The company has also continued to advance its leading market
position in AI Transportables, with its solutions contributing to
the future of commercial and military data and autonomous
mobility,” he added. “I’m excited to join the award-winning team at
OSS and looking forward to helping our customers solve their
toughest challenges as we deliver the company’s enduring promise of
Performance Without Compromise.”
Robert Kalebaugh BioPrior to OSS, Kalebaugh
held several senior leadership positions with increasing levels of
responsibility at Cubic Defense Corporation, a leading defense
company providing mission-critical solutions.
He most recently served as Cubic’s VP of business development,
where he developed and implemented successful campaign strategies
across four separate business areas with a cumulative five-year
pipeline totaling more than $7 billion. He also helped the company
win key USAF and U.S. Army development contracts while overseeing
the company’s broad and diverse C4ISR product and defense training
business.
Kalebaugh was also responsible for Cubic’s global portfolio of
LVC-T, mission communications, and compute and secure
communications businesses. This included solutions portfolios of
rugged networking and compute technology at the edge, secure and
expeditionary communications, intelligence processing, and
assessment distribution from enterprise-to-edge. It also included
high frequency/low SWAP (size, weight, and power) RF components for
electronic warfare, space, 5G applications, and LVC (live, virtual,
and constructive) multi-domain training systems.
Kalebaugh began his career serving as an aviation electronic
technician and petty officer in the U.S. Navy. He received his B.A.
in Aviation Management from Southern Illinois University, and is an
active member of several DoD Associations, including AUSA, AFCEA
and NDIA.
Inducement Grants under Nasdaq Listing Rule
5635(c)(4)
In connection with, and as a material inducement to, the hiring
and appointment of Kalebaugh as vice president of sales of the
company, the company agreed to grant Kalebaugh 35,715 restricted
stock units (RSUs). The RSUs shall vest over three years, with
one-third vesting on the one-year anniversary of the date of grant
and the remaining vesting in four equal installments commencing six
months after the one-year anniversary of the grant and every six
months thereafter until fully vested. The vesting of shares of
common stock underlying the RSUs are subject to Kalebaugh’s
continuous service with the company through each applicable vesting
date.
The RSU grant was unanimously approved by the company’s board of
directors, and served as a material inducement to Kalebaugh
entering employment with the company, in accordance with Nasdaq
Listing Rule 5635(c)(4). The grant was made outside of the
company’s 2017 Equity Incentive Plan, as amended, or any other
equity incentive plan of the company.
About One Stop Systems
One Stop Systems, Inc. (Nasdaq: OSS) is a global leader in AI
Transportable solutions for the demanding ‘Edge.’ It designs and
manufactures the highest performance compute and storage products
that enable rugged autonomous, sensor fusion and AI capabilities
without compromise. These hardware and software platforms bring the
latest data center performance to the harsh and challenging
applications, whether they are on land, sea or in the air.
OSS products include ruggedized servers, compute accelerators,
flash storage arrays, and storage acceleration software. These
specialized compact products are used across multiple industries
and applications, including autonomous trucking and farming, as
well as aircraft, drones, ships and vehicles within the defense
industry.
OSS solutions address the entire AI workflow, from high-speed
data acquisition to deep learning, training and large-scale
inference, and have delivered many industry firsts for industrial
OEM and government customers.
As the fastest growing segment of the multi-billion-dollar edge
computing market, AI Transportables require—and OSS delivers—the
highest level of performance in the most challenging
environments without compromise.
OSS products are available directly or through global
distributors. For more information, go
to www.onestopsystems.com. You can also follow OSS
on Twitter, YouTube, and LinkedIn.
Forward-Looking Statements
One 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 or its partners that any of our
plans or expectations will be achieved, including but not limited
to, the anticipated growth of the company’s defense and commercial
business, the introduction of new industry-leading products and the
effectiveness and/or success of the company’s business strategy.
Actual results may differ from those set forth in this press
release due to the risk and uncertainties inherent in our business,
including 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 the company
undertakes 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 Contacts:Katie RiveraOne Stop Systems,
Inc.Tel (760) 745-9883
Tim RandallCMA Media RelationsTel (949) 432-7572
Investor Relations:Ronald Both or Grant
StudeCMA Investor RelationsTel (949) 432-7557
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/4db0b5b3-ad4e-474f-bc0f-a3a3ecfa61d8
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