COLUMBUS, OH, Jul 26, 2011 (MARKETWIRE via COMTEX) -- Pinnacle Data Systems, Inc. ("PDSi") PNS +0.43% announced today that it has entered into an Original Equipment Manufacturer (OEM) agreement with IBM. This agreement provides PDSi with the ability to design and sell products based upon IBM's System p and System x technologies.
John D. Bair, PDSi's Chairman of the Board, President and Chief Executive Officer, stated, "PDSi's exceptional engineering and operational capabilities complement IBM's product and technology offerings. This agreement provides PDSi access to IBM's market leading technologies that can be leveraged across all three of our targeted market segments. For Embedded Computing, with an estimated market size of $5 billion, we are working on developing NEBS certified products for the telecommunications ("telco") industry, as well as products designed for other applications. This also broadens the technology platforms we can offer in the more than $100 billion Integrated / ODM Computing Solutions segment as we design and build custom solutions for customers in the telco, medical, and other industries with specialized requirements such as ruggedization. In the Electronic Repair Services Segment, this opens up access to whole new markets seeking to extend the life-cycle of IBM-based technologies."
Mr. Bair continued. "The key to our past Product success has been partnerships in value-added design and integration services. Maintaining and developing new partnerships with industry leading technology companies provides us access to products and technology we can use in targeted Integration opportunities -- both as a Value Added Reseller, or VAR, and as an Original Equipment Manufacturer, or OEM."
Timothy J. Harper, PDSi's Chief Operating Officer, added, "We have substantially grown our Service business over the past year, and our current focus is on driving profitable growth in our Products business. This agreement is a key strategic milestone positioning PDSi for growth. This agreement not only adds to our capability in developing leading technology product offerings, but also opens up new routes to market leveraging IBM's extensive business development resources."
http://www.marketwatch.com/story/pdsi-enters-oem-agreement-with-ibm-2011-07-26?reflink=MW_news_stmp
..................ABOUT PNS...................
2) PNS employs about 150 employees globally.
http://www.pinnacle.com/resources/faqs/
3) Certifications Holds
ISO9001(General Quality Management Systems)
ISO13485 (Medical)
TL9000 (Telecommunications)
ISO14001 (Environmental)
http://www.pinnacle.com/resources/faqs/
4)Earning per share 38 cents in 2011. The first quarter earning per share 7 cents
http://www.google.ca/finance?q=AMEX:PNS&fstype=ii
http://www.investquest.com/iq/p/pns/main/InvestorFactSheet_Q111.pdf
5) O/S 7.86, float 6.46 million shares
http://finance.yahoo.com/q/ks?s=PNS+Key+Statistics
6) EMS Market Place is a $354 Billion Dollar Business
http://www.investquest.com/iq/p/pns/main/2011annual-meeting.pdf
7) Embedded Computing products
http://www.pinnacle.com/products2/
8)CUSTOMERS
PDSi has established key customers on a Global scale such as; Alcatel, Lucent, Phillips, Bayer, Sun, Hewlett Packard, Motorola, Citrix, Xerox, Kodak, to name a few.
http://www.pinnacle.com/resources/faqs/
9) The first quarter result
http://www.investquest.com/iq/p/pns/confcall/2011Q1ConferenceCallPres.pdf
10) Second quarter results on July 28, 2011
http://www.investquest.com/iq/p/pns/ne/pns072511.pdf
THIS COMPANY IS THE BEST TAKEOVER CANDIDATE
I GUESS WE WILL SEE 10, 20 DOLLARS PER SHARE
ALL IS MY RESEARCH, READ AND CHECK THE LINKS MAKE YOUR OWN DECISION
BLUE~
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