BNET Industries

Last Fiscal Year Sales:$8.6M
  • Public
  • US
Dow Jones Description

Ciprico provides a modern version of the storage receptical. Founded in 1978 and headquartered in Plymouth, Minnesota, Ciprico, Inc. (NASDAQ: CPCI) is a producer of disk-based storage for high-end computer systems. The companies disk arrays are used in visual computing applications and by the military, and contain independant hard drives that function as a single unit. It now produces storage solutions for small-to-medium business applications. Ciprico, Inc. has annual revenue of about $13.2 million and employs approximately 50 people. Recently, the company announced intellectual property licensing agreements with two separate military prime contractors that will generate over $1 million. Ciprico, Inc.

President & CEOSteve Merrifield
Number of Employees 51
Contact Information

17400 Medina Rd

Plymouth, Minnesota 55447

ciprico.com

1 763 551 4000

NAICS Code Computer Storage Device Manufacturing: 334112

News & Analysis

Filter by

ciprico inc. - All News and Analysis

Additional Resources

  • Ciprico Completes Sale of Intellectual Property to Dot Hill

    - 2008-09-30

    MINNEAPOLIS -- Ciprico Inc. (the "Company" or "Ciprico"), announced today that on September 24, 2008, it closed the asset sale of certain of Ciprico's intellectual property assets to Dot Hill Systems Corp. (NASDAQ: HILL). Pursuant to bankruptcy proceedings Dot Hill Systems was the winning bidder to acquire all of Ciprico's...

  • Ciprico to Sell Intellectual Property

    - 2008-09-23

    MINNEAPOLIS -- Ciprico Inc. (the "Company" or "Ciprico"), announced today that it entered into an Asset Purchase and Technology License Agreement on September 17, 2008 with Dot Hill Systems Corp. (NASDAQ:HILL) whereby Dot Hill Systems agreed to purchase certain of Ciprico's intellectual property assets. Pursuant to bankruptcy proceedings Dot Hill...

  • Nasdaq Suspends Trading of Ciprico Securities

    - 2008-07-31

    MINNEAPOLIS -- Ciprico Inc. (NASDAQ: CPCI) (the "Company"), announced today that the Company received a letter on July 30, 2008 from the Nasdaq Stock Market stating that the Nasdaq Listing Qualifications Hearings Panel (the "Panel") has determined to delist the Company's shares from the Nasdaq Stock Market and will suspend...

Decision Makers

Name (plus bio) Position
Steve Merrifield President & CEO
Mark J Moran Chief Engineer
Michael H Anderson Chief Engineer
Monte S. Johnson Senior Vice President and Cfo
Thomas M. Ruwart CTO
ANDREW MILLS Senior Vice President Market&Develo
Donald L. McDonell Vice President
Mark R. Gilmore Vice President, Sales
Mike Ascher Vice President, Engineering
Robert G. Brown Vice President, Sales
Steven R. Hansen Vice President, Strategic Development
Tom Wargolet Vice President, Finance
Paul Tsuchiya Director, Customer Service
Rich Vignes Marketing Director
Jacob B Sellers Counsel
James D. Gerson Director
James W. Hansen Director

Board of Directors

Name (plus bio) Position
Gary L. Hokkanen Board of Directors
Mark D. Griffiths Board of Directors
Robert H. Kill Board of Directors
Thomas F. Burniece Board of Directors
Tom Marmen Board of Directors
Organization Position Status
Ciprico, Inc. President & CEO Current
Ciprico, Inc. Board of Directors Current

Mark J. Moran serves as Ciprico's Chief Engineer, joining the company in November 2006. Mr. Moran comes from IBM where since 2005 he had served as a software architect in the Engineering and Technology Services Group in Rochester, Minnesota. Prior to joining IBM in 2005, he spent 12 years at Computer Network Technology (CNT) in a variety of positions, the most recent of which was as a senior consulting engineer and product architect in CNTs Advanced Technology Group. Mr. Moran was also a lead software engineer for CNTs Advanced Technology Group and a lead software engineer for CNTs UltraNet Engineering Group. He also held senior software engineering positions at Cray Research, Supercomputer Systems, Inc., IBM and Control Data Corporation. He is a graduate of the University Of Minnesota Institute Of Technology with a degree in computer science.

Organization Position Status
Ciprico and Partners Chief Engineer Current
Ciprico, Inc. Chief Engineer Current
The Technology Company, Inc. Degree In Computer Science Former
Organization Position Status
Ciprico, Inc. Chief Engineer Current

Monte S. Johnson joined Ciprico in March 2005 and serves as Senior Vice President and Chief Financial Officer. Since 2001, Mr. Johnson has been President of MSJ & Associates, LLC, a business consulting company focused on finance, strategic planning and operational consulting for public and private companies. Previously, Mr. Johnson served as Senior Vice President, Chief Financial Officer and Chief Administrative Officer of Pro Staff Personnel Services. Mr. Johnson also held various financial and management positions at General Electric Company and Honeywell Inc. Prior to that, Mr. Johnson worked at Deloitte & Touche International for 11 years. Mr. Johnson is a CPA and earned his M.B.A. from the University of Minnesota, Carlson School of Management in 1997.

Organization Position Status
Ciprico and Partners Senior Vice President and Cfo Current
Ciprico, Inc. Senior Vice President and Cfo Current
University of Minnesota Carlson School of Management M.B.A. Former
University of Minnesota CPA Former
Organization Position Status
Ciprico, Inc. CTO Current
Organization Position Status
Ciprico and Partners Senior Vice President, Marketing and Development Current
Ciprico, Inc. Senior Vice President Market&Develo Current
Netcell Corporation CEO Former
Netcell Corporation President Former
Teridian Semiconductor Corporation Senior Vice President Former
Broadband Communications, Inc. Senior Vice President Former
Broadband Communications, Inc. General Manager Former
Ferranti Computer Systems Design Engineer Former

Donald L. McDonell joined Ciprico in April 2006 and serves as Vice President of Sales & Marketing. Since 1997, Mr. McDonell served as Senior Vice President of Worldwide Channel Sales at Medea Corporation. He was Vice President of Sales for Micropolis (USA) Inc. from 1996 to 1997. From 1986 to 1996, he held the positions of Vice President of Sales and Marketing and Director of Distribution Sales for Micropolis Corporation. Previously, Mr. McDonell also held various sales positions at Dataproducts Corporation, Jackson Edwards Company and Data Devices International.

Organization Position Status
Ciprico, Inc. Vice President Current
Ciprico and Partners Vice President Sales & Marketing Current
Medea Corporation Senior Vice President of Worldwide Channel Sales Former
Micropolis Vice President of Sales Former
Data Devices International, Inc. Former
Organization Position Status
Ciprico, Inc. Vice President, Sales Current
Organization Position Status
Ciprico, Inc. Vice President, Engineering Current
Cnt-, Inc. Former
Organization Position Status
Ciprico, Inc. Vice President, Sales Current
Organization Position Status
Ciprico, Inc. Vice President, Strategic Development Current
Organization Position Status
Ciprico, Inc. Vice President, Finance Current
Organization Position Status
Ciprico, Inc. Director, Customer Service Current
Ciprico, Inc. Director, Customer Service Former
Organization Position Status
Ciprico, Inc. Marketing Director Current

Jacob is an associate in Leonard, Street and Deinard's Bankruptcy Litigation and Corporate Restructuring group. He provides counsel to debtors, creditors and trustees in all matters relating to Chapter 11 and 7 bankruptcy cases, including creditors' remedies, out-of-court workouts, receiverships and related commercial litigation such as preferential and fraudulent transfer litigation. Jacob also has substantial experience representing unsecured creditors committees and is actively serving as committee counsel in a number of Minnesota bankruptcy cases, including the bankruptcy case of publicly held Ciprico, Inc.

Organization Position Status
Ciprico, Inc. Counsel Current
The Leonard Company Associate Current
Organization Position Status
Ciprico, Inc. Board of Directors Current
Organization Position Status
FuelCell Energy, Inc. Chairman Current
Evercel, Inc. Chairman of the Board Current
FuelCell Energy, Inc. Director Current
Ilight Technologies, Inc. Director Current
Ciprico, Inc. Director Current
V.E. Enterprises Inc. Director Current
Gambit Communications, Inc. Board of Directors Current
American Power Conversion Corporation Director Current
Oppenheimer & Co. Inc. Vice President Former
Columbia University MBA Former
American Power Conversion Corporation Member Former

James W. Hansen serves as Ciprico's Chairman of the Board. Mr. Hansen joined Ciprico as a Director in April 2001 and served as Chairman of the Board from January 2003 to March 2004 and was re-elected Chairman in April 2005. He continues to teach part-time as an adjunct professor in the executive MBA program at the University of St. Thomas. Previously, Mr. Hansen was President, CEO and Treasurer of E.mergent Inc. (NASDAQ: EMRT) from November 1996 and Chairman of the Board from May 1997 until the sale of the company in May 2002. Since 1992 Mr. Hansen has served as an investor, Director, President or Vice President of several private companies in medical services and technology. From 1986 to 1992, he was Senior Vice President and General Manager of the pension division of Washington Square Capital, a Reliastar Company, and a NYSE-traded financial services company, now known as ING Reliastar. From 1983 to 1986, he was Vice President of Apache Corporation, a NYSE-traded oil and gas exploration company.

Organization Position Status
University of St. Thomas Adjunct Professor Current
Ciprico and Partners Chairman of the Board of Directors Current
Freshwater Society Board of Directors Current
Ciprico, Inc. Director Current
Ciprico, Inc. Chairman & CEO Former
Apache Corporation Vice President Former
University of St. Thomas Mba Program Former
Organization Position Status
Ciprico, Inc. Board of Directors Current
Organization Position Status
Stonearch Software Inc. Chairman Current
Minnesota Technology Inc Board Member Current
Ciprico, Inc. Board of Directors Current
Ciprico, Inc. Chief Executive Officer Former
Stonearch Software Inc. President & CEO Former
Minnesota Technology Inc President & CEO Current
Ciprico, Inc. Executive Vice President Former
Burroughs Corporation Former
Ciprico, Inc. Chairman of the Board Former
University of Minnesota Bachelor's Degree In Economics Former
Minnesota Technology Inc Bachelor's Degree In Economics Former
Minnesota Technology Inc Degree Former
University of Minnesota Degree Former
Organization Position Status
3TERA, Inc CEO Current
3TERA, Inc Board of Directors Current
Ciprico, Inc. Board of Directors Current
Copan Senior Vice President of Marketing and Business Development Former
Control Data Corporation Senior Executive Former
Intoto, Inc. Board of Directors Former
Arizona State University Msee Degree Former
University of Minnesota Bee Degree Former
Organization Position Status
Ciprico, Inc. Board of Directors Current
advertisement
Glass Door

Technology Industry Companies

Company Employer Rating
Toshiba 2.3
advertisement