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OSS: Preliminary 4Q18 Revenue

$14 million, doubling from 4Q17

One Stop Systems, Inc. reported preliminary unaudited revenue results for the fourth quarter and year ended December 31, 2018.

For 4Q18, OSS expects record revenue of approximately $14 million, an increase of more than 100% compared to 4Q17.

Organic revenue, which excludes revenue from acquisitions in 2018, is expected to grow more than 40%. For the year 2018, the company expects record revenue of approximately $37 million, an increase of more than 30% over 2017, with organic revenue up more than 17%.

The three main elements of our growth strategy – OEM customer ramp-up, new design-wins and strategic acquisitions – all contributed to our record growth for the quarter and year,” said president and CEO, Steve Cooper. “We believe the solid foundation we laid in 2018 has enhanced stockholder value and has positioned OSS as a leader in specialized high-performance computing. In fact, over past year, we have more than doubled our run rate, with strong momentum going into 2019.”

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