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OSS Announces Design Win with an Award-Winning AI Infrastructure Company

GlobeNewswire LogoGlobeNewswire1w ago

OSS Announces Design Win with an Award-Winning AI Infrastructure Company - GlobeNewswire

Quick Summary:

Initial order valued at $2 million with shipments expected to begin in the first quarter of 2025 OSS will deliver the first PCIe expansion unit to support up to 32 accelerator devices ESCONDIDO, Calif., Nov.13, 2024 (GLOBE NEWSWIRE) -- One Stop Systems, Inc.("OSS” or the "Company") (Nasdaq: OSS), a leader in rugged Enterprise Class compute for artificial intelligence (AI), machine learning (ML) and sensor processing at the edge, today announced a new order from an established award-winning AI infrastructure company.

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 variability in the timing or magnitude of the revenue attributable to this program win, the fitness of the Company’s PCIe, Ponto Reef, 4UPro and U-BMC solutions with the composable disaggregated infrastructure market, and expectations concerning the Company’s business strategies.

The initial purchase order is valued at $2 million, with production expected to start during the first quarter of 2025 and deliveries to be completed by year end.   The initial 100-piece order consists of 50 OSS Ponto Reef compute accelerators and 50 OSS Gen5 4UPro Accelerator Systems.

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Article Details

Author / Journalist: One Stop Systems, Inc.

Category: Technology

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 13:00:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 739 words

Reading Time: 5 minutes read

Sentences: 23 lines

Sentence Length: 33 words per sentence (average)

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Copyright Owner: © GlobeNewswire

News ID: 23571106

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News Last Updated: 8 hours ago

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