BNET Industries

CDC Systems Inc.

is in the Business Services Industry

Last Fiscal Year Sales:$37.5M
  • Private
  • US
Dow Jones Description

Providing armored car, ATM, currency processing, and vault services in New York, New Jersey, Pennsylvania and Connecticut.

President & Chief Executive Officer
Vince Modarelli
Number of Employees 5
Contact Information

305 Madison Ave

Elizabeth, New Jersey 07207

www.cdcsystems....

1 908 351 2636

NAICS Code Armored Car Services: 561613

News & Analysis

cdc systems inc. - All News and Analysis

  • CDC Systems Inc. Announces Initiation of SEC Litigation

    - 2005-02-28

    DALLAS -- CDC Systems, Inc. (Pink Sheets:CPYJ), a Delaware corporation (the "Company"), announced today that on February 25, 2005, the Securities and Exchange Commission filed a civil complaint in the United States District Court for the District of New Mexico (the "Complaint") seeking a permanent injunction against the Company and...

    Tags: Company, litigation, SEC

  • CDC Systems Inc. Finishes Compressor Assembly

    - 2005-02-02

    DALLAS -- CDC Systems Inc. (OTC Pink Sheets:CPYJ) announced today that the four compressors mentioned in a press release dated 12-31-04 have been completely assembled. These compressor systems have been built to CDC Systems specifications and are now undergoing testing. This testing is being performed in-house not in the field...

    Tags: CDC Systems Inc.

  • CDC Systems Inc. Expects CDCS1b Compressor to Meet Emissions Requirements For U.S

    - 2005-01-06

    DALLAS -- CDC Systems Inc. (OTC Pink Sheets:CPYJ) announced today that it expects the CDCS1b version of CDC's line of compressors to meet the emissions requirements for most if not all of the 50 U.S. states. The power unit that drives this compressor system has been certified by the California...

    Tags: CDC Systems Inc.

  • CDC Systems Inc. Sees Improving Supply Chains After the Holidays

    - 2005-01-03

    DALLAS -- CDC Systems Inc. (OTC Pink Sheets:CPYJ) has seen the supply chains improve after the Holidays. The parts required to build another 10 compressors have already started arriving for completion in January. CDC Systems' Management would like to take this opportunity to wish all of our shareholders a...

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  • CDC Systems Inc. Resumes Production after Christmas Holidays

    - 2004-12-31

    DALLAS -- CDC Systems Inc. (OTC Pink Sheets:CPYJ) is back from the Christmas holidays and production is in full swing again. Production is also on schedule for the 4th of 10 compressors to be completed by mid-January 2005 previously mentioned on 12-15-04. The remaining 6 compressors will be finished shortly...

    Tags: CDC Systems Inc.

  • CDC Systems Inc. Signs Compressor Lease Contract

    - 2004-12-20

    DALLAS -- CDC Systems Inc. (OTC Pink Sheets:CPYJ) is proud to announce the signing of a lease contract for three compressors. This contract is valued at $28,000.00 annually. CDC Systems Inc. has developed innovative, highly-efficient natural gas compressors to convert marginal, non-profitable wells into profitable producers. CDC Systems compressors...

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  • CDC Plans for Thriving Natural Gas Growth

    - 2004-12-17

    DALLAS -- CDC Systems Inc. (OTC PINKSHEETS:CPYJ) is excited about the current natural gas market. CDC is focusing on developing business by following the trends that are currently being developed in the natural gas sector. The Energy Quarterly section of the Four Corners Business Journal gives more insight on these...

    Tags: CDC Systems Inc.

  • CDC Systems Inc. is Moving Forward

    - 2004-12-15

    DALLAS -- CDC Systems Inc. (OTC Pink Sheets:CPYJ) is pleased to announce that business is moving forward. The Company is in the process of building ten CDCS1 compressors. The first four of these compressors will be completed over the next four weeks. Approximately 30% of the parts needed for the...

    Tags: CDC Systems Inc.

  • Union targets Stratford, Conn., armored car firm with labor accusations.

    - 2004-12-08

    By Rob Varnon, Connecticut Post, Bridgeport Knight Ridder/Tribune Business News Dec. 8--STRATFORD, Conn. -- CDC Systems Inc.'s state operation is the latest Connecticut armored truck company to face a unionizing effort and charges of unfair labor practices. New Jersey-based...

    Tags: CDC Systems Inc., Connecticut Post Co.

  • CDC Systems Inc. Issues Press Release

    - 2004-10-28

    DALLAS -- CDC Systems Inc. (Pink Sheets:CPYJ), a Delaware corporation (the "Company"), previously announced on Sept. 23, 2004, that it had filed for numerous patents. Specifically, CDC Systems has filed five patent applications which are directed towards various compressor-based features or methods. Safe Harbor statement: This release contains "forward-looking...

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Decision Makers

Name (plus bio) Position
Vince Modarelli President & Chief Executive Officer
Ray Melhorn Chief Financial Officer
John Maher Executive Vice President
Norman Ginsberg Executive Vice President
Julio Duffoo Director of Currency Processing

Organization Position Status
CDC Systems, Inc President & Chief Executive Officer Current

Organization Position Status
CDC Systems, Inc Chief Financial Officer Current

Organization Position Status
CDC Systems, Inc Executive Vice President Current

Organization Position Status
CDC Systems, Inc Executive Vice President Current

Organization Position Status
CDC Systems, Inc Director of Currency Processing Current
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