BNET Industries

Market Cap:$2.5M
Last Fiscal Year Sales:$4.0M
  • Public
  • US
Dow Jones Description

In April 1987 Oxford Financial,Inc. (Oxford) merged with Clancy Systems International, Inc.(Old Clancy). Oxford, as the surviving company in the merger, changed its name to Clancy Systems International, Inc. (the "Company"). Oxford was organized under the laws of the State of Colorado on March 3, 1986. Old Clancy was organized under the laws of the State of Colorado on June 28, 1984. In February 1998, the Company acquired 60% ownership in a partnership with Urban Transit Solutions (UTS). UTS is a consolidated subsidiary and is therefore included in the consolidated financial statements of Clancy as of September 30, 2002 and 2003. In December 2003, the company advanced additional funds to UTS which resulted in additional shares being issued to bring its ownership to 72%. The Company designs, develops and manufactures automated parking enforcement systems primarily for lease to municipalities, universities and institutions, including a ticket writing system and other enforcement systems.

CEO Clancy Systems International, Inc.
Stan Wolfson
Number of Employees 34
Contact Information

2250 S Oneida

Ste 308

Denver, Colorado 80224

clancysystems.c...

3037530197

NAICS Code Computer Systems Design Services: 541512

News & Analysis

clancy systems international inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Stan Wolfson CEO Clancy Systems International, Inc.
Lizabeth M Wolfson Secretary, Treasurer and Chief Financial and Chief Accounting Officer
Damaris Carasquillo Operations Manager

Board of Directors

Name (plus bio) Position
James R Nyman Board of Directors

Stanley J. Wolfson, President, Chief Executive Officer and a director of the Company since February 1987. Mr. Wolfson attended the University of Colorado at Boulder and the University of Colorado at Denver. Since 1967 Mr. Wolfson has been president and director of Portion Controlled Foods, Inc. d/b/a Stan Wolfson and Associates, Inc., a data processing systems consulting firm located in Denver, Colorado which employs two persons on a part-time basis. His firm's clients include The Hertz Corporation that utilizes Stan Wolfson and Associates, Inc.'s hand-held data entry equipment as part of its on-site national inventory control system. The Hertz Corporation has been a major customer of the Company. See Part I, Item 1. Mr. Wolfson has served as remote data acquisition consultant for AT&T as well as a consultant for a number of small local companies. Mr. Wolfson is the husband of Lizabeth Wolfson, an officer and director of the Company. Lizabeth M. Wolfson, Secretary-Treasurer and Chief Financial and Chief Accounting Officer of the Company since February 1987. Mrs. Wolfson attended the University of Colorado at Boulder and the University of Colorado at Denver. Mrs. Wolfson had been secretary and treasurer of Clancy from 1986 and a director since June 1999. Since 1978, Mrs. Wolfson has served as secretary of Stan Wolfson and Associates, Inc. She is the wife of Stanley J. Wolfson, President, Chief Executive Officer and a director of the Company.

Organization Position Status
Clancy Systems International, Inc. Co CEO Clancy Systems International, Inc. Current
Clancy Systems International, Inc. Co President Current
Clancy Systems International, Inc. Co Treasurer Former
University of Colorado at Boulder Former

Organization Position Status
Clancy Systems International, Inc. Co Secretary, Treasurer and Chief Financial and Chief Accounting Officer Current
Clancy Systems International, Inc. Co Secretary Former
University of Colorado at Boulder Former

Organization Position Status
Clancy Systems International, Inc. Co Operations Manager Current

Organization Position Status
Clancy Systems International, Inc. Co Board of Directors Current
California State University Master's Degree In Business Administration Former
University of Minnesota Degree In Aerospace Engineering Former
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     CLSI $0.01 0.00 (0.00% )
Average Volume 77,683
Shares Outstanding 362.29M
Market Cap 2.4M
Year High 0.019
Year Low 0.005
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
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