Communications Systems

Pineapple Energy, Inc. focuses on creating a national solar, storage, and energy services company. The company's vision is to power the energy transition through the grassroots growth of solar electricity paired with battery storage. Its portfolio of brands, Hawaii Energy Connection, E-Gear, Sungevity, and Horizon Solar Power, offers homeowners and small businesses an end-to-end product offering spanning solar, battery storage, and grid services. The company is headquartered in Minnetonka, MN.

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SUNation Energy, Inc. is focused on local and regional solar, storage, and energy services companies nationwide. The firm's vision is to power the energy transition through the grass-roots growth of solar electricity paired with battery storage. Its portfolio of brands, including SUNation, Hawaii Energy Connection, E-Gear, Sungevity, and Horizon Solar Power, provides homeowners and small businesses with an end-to-end product offering spanning solar, battery storage, and grid services. The company was founded in 1969 and is headquartered in Ronkonkoma, NY.

Lantronix

MINNETONKA, Minn.--(BUSINESS WIRE)--Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), formerly an IoT intelligent edge products and services company, today announced that at its Special Shareholder Meeting held today, July 28, 2021, CSI shareholders approved the sale of the Company's Transition Networks and Net2Edge businesses, which comprise the Company's Electronics & Software Segment assets, to Lantronix, Inc. (Nasdaq: LTRX) (“Lantronix”). This Special Shareholder Meet

Communications Systems' Special Meeting of Shareholders Approved the Sale of Its Transition Networks and Net2Edge Businesses to Lantronix

MINNEAPOLIS--(BUSINESS WIRE)--Transition Networks, Inc., a leading provider of IoT and edge connectivity solutions, today announced it will exhibit at the International Security Conference & Exposition (ISC West), taking place July 19-21 at the Sands Expo in Las Vegas, Nevada. ISC West brings together thousands of security and public safety professionals and hundreds of exhibitors with products and solutions across access control, biometrics, video surveillance, IoT-enabled devices, IT, cyb

Transition Networks to Attend ISC West with New Solutions to Assist Security Integrators in Video Surveillance, Physical Security and Smart City Applications

MINNEAPOLIS--(BUSINESS WIRE)--Transition Networks, a leading provider of IoT and edge connectivity solutions, today announced a new accessory that adds even more flexibility to its Self-Enclosed Managed Hardened Gigabit Ethernet PoE++ Switch (SESPM). The new Passive PoE Module supports devices that require 24VDC power and do not follow IEEE PoE standards. The SESPM is an all-in-one solution used to simplify the connection and powering of outdoor devices such as security and surveillance cameras

Transition Networks Announces 24VDC Passive PoE Module for Powering Non-Standard PoE Devices Through its Unique Self-Enclosed Gigabit Ethernet PoE++ Switch

MINNETONKA, Minn.--(BUSINESS WIRE)--Communications Systems, Inc. (Nasdaq: JCS) (“CSI” or the “Company”) announced today that it has entered into an agreement with a group of institutional investors (the “PIPE Investors”) to make a $25.0 million private placement investment in CSI in connection with the closing of the previously announced merger between CSI and Pineapple Energy, LLC (“Pineapple”). Proceeds of this investment will used primarily to fund Pineapple strategic initiatives. The closin

Communications Systems, Inc. Announces $25.0 Million Equity Financing to Close Concurrently With CSI–Pineapple Merger and Fund Growth Initiatives

MINNEAPOLIS--(BUSINESS WIRE)--Transition Networks, Inc., a leading provider of IoT and edge connectivity solutions, today announced its Secure Remote Access (SRA) solution, an innovative approach for rapid deployment of encrypted bi-directional VPN tunnels between a network operations center (NOC) and remote sites, to provide organizations with a simple and secure way to access and manage distributed network devices and endpoints, such as switches and IP cameras. SRA removes the disruption usua

New Solution From Transition Networks Allows Security Integrators to Securely and Remotely Access, Monitor and Manage Customer's Physical Security Systems

Cadence Bank

MDC Partners

ORBCOMM

SYNNEX

NEW YORK, June 15, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Communications Systems, Inc. (NASDAQ: JCS)  concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with Pineapple Energy, LLC. Upon closing, Communications Systems shareholders are expected to initially hold approximately 37% of the total shares of the combined company, which is expected to decrease over time.

INVESTIGATION ALERT: Halper Sadeh LLP Investigates JCS, MDCA, SNX, ORBC, CADE; Shareholders are Encouraged to Contact the Firm

MINNETONKA, Minn.--(BUSINESS WIRE)--Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), which has operated as a global IoT intelligent edge products and services company, today announced financial results for the first quarter (“Q1”) ended March 31, 2021, including a discussion of results of operations by segment. Management Comments for Q1 2021 Anita Kumar, CSI's CEO commented, “Although our operations in Q1 2021 continued to be affected by the COVID-19 pandemic which resulted

Communications Systems, Inc. Reports First Quarter 2021 Financial Results

MINNETONKA, Minn.--(BUSINESS WIRE)--Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), an IoT intelligent edge products and services company, today announced that it entered into a definitive securities purchase agreement (“Purchase Agreement”) with Lantronix, Inc. (Nasdaq: LTRX) (“Lantronix”), to sell the Company's Transition Networks and Net2Edge businesses to Lantronix for a base price of $25.0 million to be paid at closing, subject to a working capital adjustment following

Communications Systems to Sell its Transition Networks and Net2Edge Businesses for $25.0 Million Paid at Closing Plus up to an Additional $7.0 Million in Earnout Payments

MINNETONKA, Minn.--(BUSINESS WIRE)--Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), an IoT intelligent edge products and services company, today announced financial results for the fourth quarter and full year (“FY”) ended December 31, 2020. Q4 2020 Financial Highlights vs Q4 2019 Q4 2020 consolidated sales from continuing operations decreased by 24% to $11.7 million compared to $15.4 million in Q4 2019, due to lower sales from the Electronics & Software segment compare

Communications Systems, Inc. Reports 2020 Fourth Quarter and Year-End Financial Results

MINNEAPOLIS--(BUSINESS WIRE)--Ecessa Corporation, a leading provider of secure SD-WAN solutions today announced it has added several advanced security features to its latest firmware release, version 12.0.0. These advanced features enhance Ecessa's next generation firewall (NGFW) capabilities integrated with each of its products and further secure the company's position in the Secure Access Service Edge (SASE) marketplace. New features include: SSL VPN authentication using username and password

Ecessa Corporation Amplifies Security with Latest Firmware Release

MILWAUKEE, March 2, 2021 /PRNewswire/ -- Ademi LLP is investigating CSI (NASDAQ: JCS) for possible breaches of fiduciary duty and other violations of law in its transaction with Pineapple Energy. Click here to learn how to join the action:...

Shareholder Alert: Ademi LLP Investigates whether Shareholders will receive a Fair Price in Communications Systems, Inc.'s transaction with Pineapple Energy

NEW YORK, March 2, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Communications Systems, Inc. ("CSI" or the "Company") (NASDAQ: JCS) in connection with the Company's proposed merger with...

SHAREHOLDER ALERT: WeissLaw LLP Investigates Communications Systems, Inc.

NEW YORK, March 02, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the board members of Communications Systems, Inc. (NASDAQ: JCS) (“CSI”) breached their fiduciary duties or violated the federal securities laws in connection with the company's acquisition by Pineapple Energy, LLC.

COMMUNICATIONS SYSTEMS ALERT: Bragar Eagel & Squire, P.C. Investigates Sale of JCS and Encourages Investors to Contact the Firm

Shares of Communications Systems, Inc. (NASDAQ:JCS) were trading higher on increased volume Tuesday after the company announced a merger deal with Pineapple Energy LLC. Communications Systems said it's "a leader in providing physical connectivity infrastructure and services for global deployments of broadband networks.

Communications Systems Shares Rally On Merger Deal: Short-Term Technical Levels To Watch

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of Communications Systems, Inc. (NASDAQ: JCS) and Pineapple Energy, LLC is fair to Communications Systems shareholders. Halper Sadeh encourages Communications Systems shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. Upon closing, Communicati

JCS Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Merger of Communications Systems, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – JCS

Communication Systems (JCS) stock is on the rise Tuesday after announcing merger plans with Pineapple Energy set to close in Q2 2021. The post JCS Stock: 13 Things for Communication Systems Investors to Know About the Pineapple Energy Merger appeared first on InvestorPlace.

JCS Stock: 13 Things for Communication Systems Investors to Know About the Pineapple Energy Merger

The stock price of Communications Systems, Inc. (NASDAQ:JCS) has increased by over 30% pre-market. This is why it happened.

JCS Stock Price Increases Over 30% Pre-Market: Why It Happened

MINNETONKA, Minn.--(BUSINESS WIRE)--Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), an IoT intelligent edge products and services company, today announced that it entered into a definitive merger agreement with privately held Pineapple Energy, LLC (“Pineapple”), a growing U.S. operator and consolidator of residential solar, battery storage, and grid services solutions. Upon closing, CSI will commence doing business as Pineapple Energy, with a business model focused on the r

Communications Systems, Inc. Announces Agreement to Merge with Pineapple Energy, LLC

MINNEAPOLIS--(BUSINESS WIRE)--Transition Networks, a leading provider of IoT and edge connectivity solutions, and a subsidiary of Communications Systems, Inc. (NASDAQ: JCS) ("CSI" or the "Company"), an IoT intelligent edge products and services company, today announced its team will speak at IPVM's 2021 Virtual Networking Show, on Wednesday, February 24, 2021 at 2:30 p.m. EST. Senior Product Manager GlenNiece Kutsch will discuss the company's award-winning Self-Enclosed Managed Hardened Gigabit

Transition Networks to Present Ideal Switch for Outdoor Surveillance at IPVM Networking Show

MINNEAPOLIS--(BUSINESS WIRE)--Ecessa Corporation, a subsidiary of Communications Systems, Inc. (NASDAQ: JCS) ("CSI" or the "Company"), an IoT intelligent edge products and services company, today announced plans for significant enhancements to its line of secure access service edge (SASE) products and services in 2021. Ecessa has also reinforced its guarantee to provide 100% successful guided deployments for all customers and expand its fully managed services through CSI subsidiary JDL Technolo

Communications Systems' Subsidiary, Ecessa Corporation, Announces 2021 Product and Services Roadmap

MINNETONKA, Minn.--(BUSINESS WIRE)--Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), an IoT intelligent edge products and services company, today announced that it has appointed Anita Kumar as its Chief Executive Officer, effective immediately. Ms. Kumar will also join CSI's Board of Directors bringing the total number of members to six. As the new CEO, she succeeds Roger Lacey who will continue to serve as Executive Chairman of CSI's Board of Directors. Ms. Kumar joined CSI

Communications Systems, Inc. Appoints Anita Kumar as Chief Executive Officer

MINNETONKA, Minn.--(BUSINESS WIRE)--Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), an IoT intelligent edge products and services company, today announced that its JDL Technologies subsidiary has acquired the operating assets of privately held IVDesk. The transaction was structured as an asset purchase under which JDL paid $950,000 cash at closing with up to an additional $550,000 cash payment contingent on an earn-out tied to customer retention. Based in Minnetonka, Minnes

Communications Systems, Inc. Acquires IVDesk's Operating Assets

MINNEAPOLIS--(BUSINESS WIRE)--Communications Systems, Inc. (NASDAQ: JCS) ("CSI" or the "Company"), an intelligent edge products and services company, today announced the release of a Private LTE as a service offering through a collaboration of its subsidiary Ecessa® with its strategic partner Quortus. Private LTE/5G offers new opportunities for enterprises and governments to build wireless communication solutions for their needs. Spectrum for Private LTE/5G applications is now available in mult

Communications Systems, Inc., Launches “Software-as-a-Service” Private LTE Offering

MINNETONKA, Minn.--(BUSINESS WIRE)--Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), a global IoT intelligent edge products and services company, today announced financial results for the third quarter (“Q3”) ended September 30, 2020, including a discussion of results of operations by our new segments or product types. CSI's Chief Executive Officer Roger H.D. Lacey noted, “Since the beginning of the year we made significant progress towards our goal of becoming a growing and

Communications Systems, Inc. Reports Third Quarter 2020 Financial Results

Communications Systems (JCS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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