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 WolfsonNumber of Employees 34
Peer Companies
NAICS Code Computer Systems Design Services: 541512
News & Analysis
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clancy systems international inc. - All News and Analysis
As VoIP, Inc Provides Its Patented Technology for the NFL Network, Other Companies Record Charges, Share Financial Information, Add New Contracts, Announce Executive Retirement and Receive Permits.
M2 PRESSWIRE-10 November 2006-Stockguru.com: As VoIP, Inc Provides Its Patented Technology for the NFL Network, Other Companies Record Charges, Share Financial Information, Add New Contracts, Announce Executive Retirement and Receive PermitsC1994-2006 M2 COMMUNICATIONS LTD RDATE:10112006 Dallas, Texas - StockGuru Pre-Market...
Clancy Systems Named in Deloitte & Touche LLP Fast 50
DENVER -- Clancy Systems International, Inc (OTCBB:CLSI), a leading developer of parking enforcement solutions, announced it has been named to Deloitte's prestigious Technology Fast 50 class for Colorado for the second year in succession. The program is sponsored by Deloitte & Touche, LLP, one of the nation's leading professional services...
Clancy Systems International Inc. Makes Announcement
DENVER--BUSINESS WIRE--July 14, 1998--Clancy Systems International, Inc. announces the award of privatization contracts for Maywood, Ill., and Logan, Utah.The contract agreements give Clancy full on-street parking operations management for the cities, which include personnel, meters, collections and enforcement.A contract has also been awarded to Clancy in partnership with Urban Transit,...
Clancy Systems International, Inc. Reports Earnings
DENVER--BUSINESS WIRE--Aug. 17, 1999-- Clancy Systems International, Inc. (OTC BB: CLSI) reported a net profit of $115,169 on revenues of $1,420,252 for the nine-month period ended June 30, 1999. Revenues were 27% higher than for the same period in the prior year. Expenses for the period were...
Clancy Systems International, Inc. Renews Contract With Logan, Utah
DENVER--BUSINESS WIRE--July 9, 1999-- Clancy Systems International, Inc. (OTC BB:CLSI) announces that it has renewed its contract with Logan, Utah, for privatization of the city's Public Parking Management and Parking Citation Collection Services. The city was pleased with the first-year pilot program and has renewed the contract for...
Clancy Systems International, Inc. Enters Into Contracts with Winchester, Va. and Longview, Wash
DENVER--BUSINESS WIRE--May 5, 1999-- Clancy Systems International, Inc. announces that the Company has entered into contracts for parking citation systems with Winchester, VA and Longview, WA. The Winchester system began operation May 1, 1999 and the Longview system will be in full operation effective May 14, 1999.
Clancy Systems International, Inc. Acquires 60% Ownership Interest in Urban Transit Solutions Inc. of Puerto Rico
DENVER--BUSINESS WIRE--April 16, 1999-- Clancy Systems International, Inc. (OTC BB:CLSI) announces that it has acquired a 60% ownership interest in Urban Transit Solutions, Inc. UTS of Puerto Rico. Urban Transit Solutions, Inc. is providing cities in Puerto Rico with parking management systems which include installation of meters and...
Clancy Systems International Inc. enters into contracts to provide its computerized parking citation issuance system
DENVER--BUSINESS WIRE--Feb. 21, 1996--Clancy Systems International Inc. announced entering into contracts with the following cities to provide its computerized parking citation issuance system: Buffalo, N.Y.; Galveston, Texas; Yonkers, N.Y.; and Burnaby, British Columbia.In addition, the company announced a contract with the Town of Cicero, Ill., to provide total facilities...
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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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