One Stop Systems CEO and Chairman Issue Letter to Shareholders - Seite 3

On the Defense side, we expanded existing programs such as the Army 360 Degree Situational Awareness program and the Navy P-8. We added multiple new customers and platforms for AI and sensor fusion processing including U.S. Armed Services and U.S. intelligence agencies. We are motivated and driven by the fact that our solutions can advance AI, propel commercial markets, and create winning advantages for our warfighters.

Based on execution of our strategy, we will prioritize our focus on translating efforts into profitable pipeline and backlog growth, building an effective and talented team, driving continued product leadership, maturing processes as we scale, and driving development of key partnerships to include AI software providers.

With the majority of our short-term initiatives behind us, our leadership team, in collaboration with the Board, is in the process of updating our multi-year strategic growth plan. We look forward to sharing the key actions we are taking, as well as the financial objectives we are focused on achieving once the plan is finalized in the coming months.

We believe 2024 will be a transformational year for OSS and we are excited by the long-term opportunities we are pursuing to drive growth and create value for our shareholders.

The OSS team, Board of Directors, and I would like to extend our appreciation to all of our team members for their contribution and commitment to our customers, quality, and profitable growth of the company. We also would like to thank our shareholders and customers for their continued support as we continue to bring innovative solutions to market. Continued execution of our strategies will result in further enabling our customers’ success and bring enhanced shareholder value to our investors.

Respectfully,

Mike Knowles, President and CEO 

Ken Potashner, Chairman

About One Stop Systems
One Stop Systems, Inc. (Nasdaq: OSS) is a leader in AI Transportable solutions for the demanding ‘edge.’ OSS designs and manufactures the highest performance compute and storage products that enable rugged AI, sensor fusion and autonomous 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.