SOURCE: DecisionPoint Systems, Inc.

DecisionPoint Systems, Inc.

March 24, 2011 08:00 ET

DecisionPoint Announces Comamtech Shareholder Meeting Date

Merger Expected to Close by May 27, 2011

FOOTHILL RANCH, CA--(Marketwire - March 24, 2011) - DecisionPoint Systems, Inc. (OTCBB: DNPI), a leading provider of Enterprise Mobility and RFID solutions, today announced that the special meeting of shareholders of Comamtech, DecisionPoint's reverse merger partner, will be held on May 18, 2011. The record date for shareholders of Comamtech eligible to vote at the meeting is April 18, 2011. DecisionPoint will again seek approval for the transaction by written consent of a majority of its stockholders. Assuming shareholder and the other customary regulatory approval, the closing date for the merger is expected to be on or about May 27, 2011.

For additional details on the reverse merger agreement, please refer to the formal announcement made on October 20, 2010.

About DecisionPoint Systems, Inc.

DecisionPoint Systems, Inc. (OTCBB: DNPI) 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:

http://www.decisionpt.com/news.php.

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.

Contact Information

  • Company Contact:
    Nicholas R. Toms
    Chief Executive Officer
    T: 973-290-0100 ext 110
    ntoms@decisionpt.com

    Investor Relations Contact:
    Stephanie Prince/Jody Burfening
    Lippert/Heilshorn & Associates
    T: 212-838-3777
    sprince@lhai.com