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Vinod Nair, head, fundamental research, Geojit BNP Paribas, says, "With Sebi allowing 10% quota for retail investors in OFS issues, this category of investors has an opportunity to buy shares of good companies.
About OFS: OFS helps clients build innovative software products that drive revenue for their business.
OFS is a global provider with facilities in Avon, Connecticut; Carrollton, Georgia; Somerset, New Jersey; and Sturbridge, Massachusetts, as well as in Denmark, Germany and Russia.
OFS Capital's investment activities are managed by OFS Capital Management, LLC, which is an investment adviser registered under the Investment Advisers Act of 1940.
City Councilman Tony Cardenas, who chairs a committee that heard an update on the OFS impasse, said he's troubled that the DWP entered into an open-end contract without a guarantee that it could continue using the OFS software.
The leadership IBM and Adexa create with this marketing agreement is invaluable for OFS, especially in this economic climate," said John Hosford, manager, Advanced Planning and Scheduling Systems for OFS.
Statements made in this press release may contain forward-looking statements that involve substantial risks and uncertainties, some of which are beyond the control of OFS Capital's management, and are difficult to predict.
With their continued focus on reducing costs, our North American customers can now capitalize on the installation and cost benefits of MiDia FX Cable," said Pierre Marty, Executive Vice President Sales and Marketing for OFS.
We are now seeing operators in new regions commencing strategy discussions and pilot implementations, resulting in Dave now travelling further afield outside Europe in support of OFS Portal and the industry," said William Le Sage, CEO of OFS Portal.
OFS shut down the system last Friday, claiming that the DWP owed the company $2.
As a telecommunications leader, OFS is certified to the TL 9000 standards.