This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

DecisionPoint Systems Names Lawrence Yelin Chairman Of The Board

IRVINE, Calif., June 25, 2014 /PRNewswire/ -- DecisionPointâ„¢ Systems, Inc. (OTCQB: DPSI and OTCQB: DPSIP), a leading provider and integrator of Enterprise Mobility and Wireless Applications, announced today that it has split the roles of Chairman of the Board of Directors and Chief Executive Officer and named board member Lawrence Yelin non-executive Chairman.  Nicholas R. Toms remains President, Chief Executive Officer and a member of the Board of Directors.

Mr. Yelin, a member of the Board of Directors since the Company's merger with Comamtech, Inc. in 2011, and one of the Company's independent directors, is an attorney specializing primarily in corporate, business and financing law and is currently in private practice.  From 1980 to 2009 he was a partner at the Canadian law firm Faskin Martineau DuMolin LLP and one of its predecessor firms, Martineau Walker, where he was also managing partner.

"The Board decided that the split of the Chairman and CEO roles will add another layer of strategic input and oversight to DecisionPoint and therefore be beneficial to shareholders and the growth of the Company," said Mr. Yelin. "The move comes at a very important time for DecisionPoint as we move forward with our solutions sales strategy to increase our higher margin software and services revenues.  DecisionPoint is in many ways a new company today compared to the more hardware- and license-oriented business of the past, and our goal is to capitalize on the broad opportunities that are currently being presented to us."

Mr. Yelin, a Canadian citizen and resident of Montreal, was a member of the Board of Directors of Comamtech from 2007 to 2011 prior to the merger with Comamtech. He has a BA and BCL from McGill University.

About DecisionPointâ„¢ Systems, Inc. DecisionPoint Systems, Inc. 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 the latest wireless, mobility, and RFID technologies.

For more information on DecisionPoint Systems visit

Forward-Looking Statements Except for historical information contained herein, the statements in this news release may include forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results, performance and achievements in the future to differ materially from forecasted results, performance, and achievements.  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 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 expectations.


DecisionPoint Systems, Inc. Nicholas R. Toms Chief Executive Officer (973) 489-1425

Allen & Caron, Inc.  Rudy Barrio (investors) (212) 691-8087

Len Hall (media) (949) 474-4300


1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,812.19 +19.51 0.11%
S&P 500 2,089.14 +2.55 0.12%
NASDAQ 5,102.8080 +0.33 0.01%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs