PRZOOM - /newswire/ -
Winston-Salem, NC, United States, 2009/11/18 - SmallCapReview a leading site for small cap information is adding DecisionPoint Systems (DNPI) to its list of stocks "On the Radar".
DNPI reported strong profits for the third quarter and has a healthy pipeline of projects approaching $100 million. It has secured over two dozen new field mobility contracts in the third quarter alone scheduled over the next two to three quarters.
Even so their market cap is a paltry $10 million which makes DNPI practically the definition of an undiscovered small-cap stock. If your looking for an undiscovered stock before the masses find it, search no further, DNPI has incredible upside.
DecisionPoint Systems (OTCBB: DNPI) is a data collection systems integrator that sells and installs field mobility devices, software, and related bar coding equipment, and provides radio frequency identification solutions, more commonly known as "RFID".
The Company also provides professional services and software customization solutions. DecisionPoint delivers to its customers the ability to make better, faster, and more accurate business decisions by implementing industry-specific, enterprise wireless and mobile computing systems for their front-line employees and fully integrating them into their back office systems.
DNPI works closely with various partners including Motorola Enterprise Mobility Division, for whom DNPI is consistently rated one of the nation's top Value Added Resellers.
DNPI Investor Highlights
Reported 3Q revenues of $11.5 million and operating profits of $429,000 an increase of 32.6%.
Announced 3Q net income was $165,000 or $0.01 per share compared to net profit of $26,000 for the same period last year.
Announced that the United States Air Force had issued a supplemental order for $623,000 of Barcode Inventory Tracking System Kits bringing the value of the ongoing program for tracking "Go To War" equipment support units to $5.4 million.
DNPI continues to close business for its MobileArc Field Mobility suite of products and services.
Recently announced the completion of a $2.7 million mobile security solution rollout for the leading provider of security solutions in the U.S.
Secured over two dozen new field mobility contracts in the third quarter, representing an aggregate value of over $5 million in deployments scheduled over the next two to three quarters.
Pipeline of projects are approaching $100 million and DNPI has a 22% increase in unearned revenue since last quarter.
CEO Nicholas Toms comments "These are excellent results. We continue to focus on higher margin business and tight cost controls. Strong gains in field mobility and managed services continue to drive margin improvements. We are excited about our business outlook, as the momentum we have experienced in the first nine months of the year continues into the fourth quarter."
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