SOURCE: DecisionPoint Systems, Inc.

DecisionPoint Systems, Inc.

December 06, 2010 10:03 ET

DecisionPoint Expands Board of Directors With Appointment of Robert M. Chaiken

FOOTHILL RANCH, CA--(Marketwire - December 6, 2010) - DecisionPoint Systems, Inc. (OTCBB: DNPI), a leading provider of Enterprise Mobility and RFID solutions, today announced the appointment of Robert M. Chaiken to the company's Board of Directors, effective November 30, 2010. Mr. Chaiken's appointment expands the Board of Directors to five members.

"On behalf of the company, I would like to welcome Bob Chaiken as our newest Board member," said Nicholas Toms, Chief Executive Officer of DecisionPoint. "As a pioneer in building B2B and B2C e-commerce platforms, Bob has considerable experience guiding the growth of emerging growth companies. He also possesses a strong mobile systems customer perspective which, coupled with his extensive financial background, adds significantly to the depth and breadth of our Board. Bob was an early investor in DecisionPoint and we appreciate his continued confidence in our growth potential."

Mr. Chaiken (47) is the President, Chief Financial Officer and member of the Board of Directors of Adelman Travel Group, a US top 10 corporate travel management company with 180 employees, based in Milwaukee, Wisconsin. Mr. Chaiken has held positions of increasing responsibility within the company since 1991. During his tenure as Chief Operating Officer and Chief Financial Officer beginning in 1995, he played an instrumental role in growing Adelman's revenue from $40 million to $375 million through organic growth and integration of four acquisitions and was appointed President in 2008. He previously served in accounting positions at GIC Management and A.O. Smith Corp., both in Wisconsin. Mr. Chaiken is a Certified Public Accountant and has a Bachelor of Business Administration from the University of Wisconsin, Madison where he also implemented one of the first PC networks for IBM.

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 - NJ Office
    Chief Executive Officer
    T: 908-756-2296
    ntoms@decisionpt.com

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