Communications Systems, Inc. is now Pineapple Energy (Nasdaq: PEGY)

On March 25, 2022, CSI Received Shareholder Approval to Merge with Pineapple Energy and Completed the Merger on March 28, 2022. CSI changed is name to Pineapple Holdings, Inc. and changed it’s Nasdaq ticker to PEGY and will operate as Pineapple Energy.
Communications Systems, Inc. is now Pineapple Energy (Nasdaq: PEGY)
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Communications Systems, Inc., Announces Promotion of Anita Kumar to General Manager of Transition Networks

Posted by on November 25th, 2019

Minnetonka, MN – November 25, 2019 — Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), a global provider of enterprise network infrastructure, voice and data communication products and services for deployments and management of IT networks, today announced that it has promoted Anita Kumar to General Manager of Transition Networks.

Ms. Kumar joined Transition Networks in 2011; most recently she was Director of Product Management and Software Development. In her new role as General Manager of Transition Networks, she will lead all Transition Networks business operations and oversee the Electronics & Software assets in CSI. Anita will report directly to CEO, Roger Lacey.

Prior to joining Transition Networks, she held positions in Product Management and Software Engineering at global organizations such as ADC, Nortel Networks, Lucent Technologies, AT&T and Ericsson-Raynet. Ms. Kumar has a Ph.D. from Ohio University in high energy particle physics and a B.S. from University of Mumbai (formerly known as University of Bombay).

“We are thrilled to recognize, with this well-deserved promotion, the tremendous managerial value and extensive product development expertise that Anita brings to Transition Networks. We believe that her accomplishments over the last eight years at CSI have prepared her well to undertake this important position and lead Transition Networks,” said Mr. Lacey.

About Communications Systems

Communications Systems, Inc. (NASDAQ: JCS) provides connectivity infrastructure and services for global deployments of broadband networks. Focusing on innovative, cost-effective solutions, CSI provides customers the ability to deliver, manage, and optimize their broadband network services and architecture. From the integration of fiber optics in any application and environment to efficient home voice and data deployments to optimization of data and application access, CSI provides tools for maximum utilization of the network from the edge to the user. With partners and customers in over 50 countries, CSI has built a reputation as a reliable global innovator focusing on quality and customer service.

Forward Looking Statement

This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding future financial performance, future growth and future acquisitions. These statements are based on Communications Systems’ current expectations or beliefs and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements here due to changes in economic, business, competitive or regulatory factors, and other risks and uncertainties affecting the operation of Communications Systems’ business. These risks, uncertainties and contingencies are presented in the Company’s Annual Report on Form 10-K and, from time to time, in the Company’s other filings with the Securities and Exchange Commission. The information set forth herein should be read in light of such risks. Further, investors should keep in mind that the Company’s financial results in any particular period may not be indicative of future results. Communications Systems is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, changes in assumptions or otherwise.

Contacts:

The Equity Group Inc.
Devin Sullivan
Senior Vice President
212-836-9608
dsullivan@equityny.com

Lena Cati
Vice President
212-836-9611
lcati@equityny.com

Communications Systems, Inc.

Mark D. Fandrich
Chief Financial Officer
952-582-6416
mark.fandrich@commsysinc.com

Roger H. D. Lacey
Chief Executive Officer
952-996-1674

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