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DecisionPoint Systems (OTCMKTS:DPSI) Stock Moves Up 5% After A New Appointment

Ash K , , , ,

Shares of DecisionPoint Systems (OTCMKTS:DPSI) closed higher in the previous trading session on unusual volume.

Market Stats

On Thursday, DPSI stock  moved up 4.65% to $2.25 with more than 8K, compared to its average volume of 1.45K shares. The stock has moved within a range of $2.1500 – 2.2500 after opening the trade at $2.15.

Appointment of William Cooke to the Board of Directors

William Cooke is the latest member to be appointed to the Board of Directors at DecisionPoint Systems (OTCMKTS:DPSI). Steve Smith, CEO of DecisionPoint Systems spoke how excited he is for the new addition, and looks forward to see how Bill’s leadership skills, business acumen, and expertise in the area of mergers and acquisitions and public company governance, takes the organization forward as they expand their business and continue efforts to establish a solid presence as a publicly reporting company.

In 2012, Bill joined a New York-based full-service brokerage firm that specializes in placing and investing in private equity transactions for small public and private companies – Taglich Brothers. Before joining this firm, he served as a Managing Director at Glenwood Capital from 2010 to 2012. His primary role was to offer advice to middle-market clients on capital raising, along with merger and acquisitions. From 2001 to 2009, Bill sourced, evaluated, and executed mezzanine transactions for The Gladstone Companies and BHC Interim Funding II.

He is the perfect addition to the Board of Directors, with his Bachelor of Arts degree from Michigan State University and Master of Business Administration degree from the University of Michigan. Presently, he is a Chartered Financial Analyst and a member of the Board of Unique Fabricating, Racing & Performance Holdings, and Intellinetics.

Key Quote

“We are very pleased to welcome Bill Cooke to our Board of Directors,” stated Steve Smith, CEO of DecisionPoint Systems, Inc. “Bill’s leadership, business acumen, and experience with mergers and acquisitions and public company governance will be invaluable to DecisionPoint as we grow our business and continue to gain traction as a publicly reporting company.”