Wednesday, April 23, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Travelling Through Time On Updated Google Maps
OnePlus One To Launch Next Month
LG Display Reports First Quarter Results
Toshiba Announces Canvio AeroMobile Wireless SSD
Global Chip Revenue Rises in 2013
Google Spent $3.82 Million Lobbying In First Quarter
Intel To Release Bay Trail-Entry Chip For Budget Tablets
Toshiba, SanDisk Mass Produce 15nm NAND flash Memory
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > Optical Storage > Digital...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, February 06, 2003
Digital Peripheral Solutions Inc. acquires assets of QPS Inc


Digital Peripheral Solutions Inc. (DPS) today announced that it has purchased the assets and brand name of QPS Inc., a leading producer of award-winning computer hard drives, CD burners and DVD burners, as part of QPS's reorganization under Chapter 11 bankruptcy protection. Under terms of the purchase and reorganization plan, DPS will assume sole ownership of QPS. At the conclusion of the restructuring process and assuming full dilution of all outstanding warrants, the plan will provide DPS with full control of the new company...

"DPS's acquisition allows us to continue manufacturing our Que!-brand products and distribute them through the retail channel," said DPS CFO Rajeev Sharma, "It also enables us to continue providing customer and technical support.

"More important, it gives us the financial strength to move forward in developing our new generation of computer peripherals, especially those based on convergence technology, that continue the QPS tradition of offering leading edge products at an affordable price." DPS plans to begin introducing its new products in the coming months.

QPS-brand products are available through retail stores, catalogs, e-tailers and other computer product suppliers. These include Fry's, Apple Stores, CDW, Micro Warehouse, PC Connection, Creative Computer, Zones, Amazon, AOL, Buy.com and others. QPS-brand products are distributed in the United States through Ingram Micro, D&H and Wynit Inc. In addition, QPS-brand products are distributed to retail markets throughout Europe, Canada, Japan, Australia and Mexico.

For information contact: Digital Peripheral Solutions, 8015 East Crystal Drive, Anaheim, CA 92807, call 714/692-5573, fax 714/221-5493, e-mail sales@qps-inc.com or see on the Web at www.qps-inc.com. In Europe, contact QPS Europe, SARL 2, Avenue des roses 94386 Bonneuil/Marne Cede, France, contact: Guy Bensaid, Tel: +33-1-56-71-21-32 and Fax: +33-1-56-71-21-39.

Digital Peripheral Solutions specializes in external storage devices that include DVD, CD and hard drives for PCs, Macs, notebooks and other devices. The company's mission is to deliver advanced, award-winning products complete with all appropriate software and cables.

Certain matters discussed in this news release are forward-looking statements within the meaning of the federal securities laws. These statements, including but not limited to statements regarding the financial transactions between DPS and QPS contemplated by the DPS agreement, are based on reasonable assumptions and can give no assurance that its expectations will be achieved. Actual events could differ materially from those reflected in the forward-looking statements contained in this press release because of various risks, uncertainties and other factors including, but not limited general economic conditions, conditions in the market for electronics products, changes in the cost of materials and labor used in manufacturing, and the other risks detailed from time to time in news releases and company announcements. Statements concerning the potential benefits of the acquisition are also forward-looking statements.

CONTACT:
Digital Peripheral Solutions Inc.
Rajeev Sharma, 714/692-5573, ext. 342
rajeev@qps-inc.com
or
Daly-Swartz Public Relations
Jeffrey Swartz, 949/492-0075
jeffreyswartz@dsprel.com


Previous
Next
Yamaha discontinues CD-RW recorder product line        All News        Yamaha discontinues CD-RW recorder product line
Yamaha discontinues CD-RW recorder product line     Optical Storage News      Yamaha discontinues CD-RW recorder product line

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
DPS shipping dual format dual interface DVD Burner With DDR
DPS announced Que!007 portable DVD burner and digital theater device
QPS ships three new high-speed 40x CD-RW drives
QPS unveils new burners, duplicators, drives
QPS rolls out 32x CD-RWs
QPS LAUNCHES THREE QUE! DVDBURNERS
QPS to Bundle MedioStream's neoDVD Authoring Software with Que! DVDBurner Drives Sold Worldwide
QPS introduces 24/10/40 QUE! CD-RW drives
Que! USB 2.0 external CD-RW drive from QPS
QPS introduces Que! Fire 16/10/40 FireWire recorder
QPS Launches New Que! Note 12/4/32 CD-RW Drive
QPS Announces New Que! Combo FireWire Drives for PC Desktops and Notebooks

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .