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 July 1, 1999

Exec buys division; JPG Systems born

BOULDER — Alex Sammoury was once vice president of operations for both Boulder-born Data Storage Marketing (DMS) and then the company that later purchased it, Comstor.

Now he has completed the purchase of the computer systems division of Comstor and created his own company, JPG Systems of Boulder.

“He basically purchased a division he has complete and intimate knowledge of,´ said Randy Burgess, a spokesman.

Sammoury said financials cannot be discussed as part of the terms of the deal, which closed May 21.

JPG Systems will continue to manufacture desktop, two-tiered workstations, servers, RAID systems and a family of devices for the Internet market. The company will focus on the business, government, education and resale segments of the market.

A University of Colorado graduate who had held senior management positions at such companies as Storage Technology Corp., Sammoury had been at DSM since 1989 and “was very rapidly promoted,” Burgess said.

A home-grown company founded in 1987 by former President Tom Ward, DSM was a major computer and computer-peripherals distributor as well as a manufacturer of its own brand until 1997, when it was purchased by Comstor, a Chantilly, Va.-based unit of General Electric Capital IT Solutions.

At the time of the Comstor purchase, Sammoury was DMS vice president of operations. Comstor retained him.

Now Sammoury is president and chief executive officer of his own firm, JPG, which will continue to be headquartered in Boulder but may relocate to the Longmont area at some point.

Sammoury said an undetermined number of employees from the Comstor operation will move across to JPG, which currently has 18 employees.

“The plan would be to have 40 employees by the end of the year 2000,” he said.

BOULDER — Alex Sammoury was once vice president of operations for both Boulder-born Data Storage Marketing (DMS) and then the company that later purchased it, Comstor.

Now he has completed the purchase of the computer systems division of Comstor and created his own company, JPG Systems of Boulder.

“He basically purchased a division he has complete and intimate knowledge of,´ said Randy Burgess, a spokesman.

Sammoury said financials cannot be discussed as part of the terms of the deal, which closed May 21.

JPG…

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