Christopher Ainsley Named CEO of ParkerGale Capital Portfolio Company OnePlus Systems

CHICAGO, Oct. 24, 2016 -- ParkerGale Capital announced today that it has appointed Christopher Ainsley as Chief Executive Officer of OnePlus Systems, Inc. ParkerGale, a technology-focused private equity firm based in Chicago, IL, acquired OnePlus in 2015 and originally recruited Mr. Ainsley as Board Chairman earlier this year.

Mr. Ainsley has over a decade of experience building rapidly-growing technology companies across the Internet of Things and Information Services industries. He will focus on strategic growth initiatives, expanding OnePlus' presence around the globe and evaluating acquisition opportunities. Mr. Ainsley has led several high growth organizations over the course of his career including as President & CEO of ShopperTrak, President & CEO of The Patent Board, SVP of Strategy and Business Development at LexisNexis, and CEO of Wolters Kluwer Health. In addition to his executive experience, Mr. Ainsley spent several years at Boston Consulting Group and has served on the boards of directors of various companies in the technology industry. He holds an M.A. from Oxford University and an MBA from Harvard Business School.

"As a CEO, Christopher has an impressive record of consistently delivering high levels of growth. He brings a depth of industry knowledge and leadership experience that will be essential as we look to grow the business through internal investment as well as strategic acquisitions," said Kristina Heinze, Partner at ParkerGale.

"I am delighted to be joining OnePlus Systems. We have a great business, and I look forward to working with the OnePlus team to develop it to its full potential," said Mr. Ainsley. "OnePlus will be a leader in bringing the power of Data and Data Analytics to the Waste Management industry."

About ParkerGale Capital
Based in Chicago, ParkerGale Capital was founded in 2014 to acquire founder-owned, profitable technology companies with subscription or transaction-based revenue models. ParkerGale provides its management teams with technology, sales and strategy resources to help its businesses grow and scale. Additional information about ParkerGale is available at www.parkergale.com.

About OnePlus Systems
OnePlus Systems, established in 1989, offers patented sensor technology with a user-friendly software solution that remotely monitors the fullness and health of large trash compactors. Customers use real-time data the OnePlus’ solution provides to significantly lower their waste hauling costs through reduced frequency of scheduled pickups. OnePlus serves small and medium-sized businesses as well as Fortune 500 companies including Republic Services, General Electric, Lowe’s, American Airlines, Home Depot and Kroger.   For more information on OnePlus, please see www.oneplussystems.com.

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