May 22, 2013 2:59 PM ET

Communications Equipment

Company Overview of OneWorld Systems, Inc.

Company Overview

This is a public shell of OneWorld Systems, Inc. As of April 28, 2000, OneWorld Systems, Inc. ceased operations. OneWorld Systems, Inc. is engaged in the development and manufacture of products used in wide-area data communications for the small and medium sized office market. The company is based in Sunnyvale, California.

1144 East Arques Avenue

Sunnyvale, CA 94086

United States

43 Employees

Phone:

408-523-1100

Fax:

408-523-2019

Key Executives for OneWorld Systems, Inc.

Chief Executive Officer
Age: 59
Vice President - Human Resources and Customer Satisfaction
Compensation as of Fiscal Year 2012.

OneWorld Systems, Inc. Key Developments

SEC Revokes Registration Of Registered Securities Of OneWorld Systems

On September 14, 2011, an Administrative Law Judge issued an Order Making Findings and Revoking Registration by Default (Default Order) in OneWorld Systems, Inc. The Default Order finds that the Company failed to comply with Section 13(a) of the Securities Exchange Act of 1934 (Exchange Act) and Exchange Act Rules 13a-1 and 13a-13 because failed to make periodic filings with the Securities and Exchange Commission (SEC) for a number of years. Based on these findings, the Default Order, pursuant to Section 12(j) of the Exchange Act, revokes the registration of each class of registered securities of the Company.

SEC Orders Hearings On Registration Suspension Or Revocation Against OneWorld Systems For Failure To Make Required Periodic Filings

In conjunction with trading suspension, Securities and Exchange Commission (SEC or the commission) also instituted public administrative proceedings to determine whether to revoke or suspend for a period not exceeding twelve months the registration of each class of the securities of OneWorld Systems, Inc. for failure to make required periodic filings with the Commission. In this Order, the Division of Enforcement (Division) alleges that company is delinquent in its required periodic filings with the Commission. In this proceeding, instituted pursuant to Exchange Act Section 12(j), a hearing will be scheduled before an Administrative Law Judge. At the hearing, the judge will hear evidence from the Division and the company to determine whether the allegations of the Division contained in the Order, which the Division alleges constitute failures to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 there under, are true. The judge in the proceeding will then determine whether the registrations pursuant to Exchange Act Section 12 of each class of the securities of company should be revoked or suspended for a period not exceeding twelve months. The Commission ordered that the Administrative Law Judge in this proceeding issue an initial decision not later than 120 days from the date of service of the order instituting proceedings.

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