BNET Industries

Market Cap:$78.7K
Last Fiscal Year Sales:$165.9M
  • Public
  • US
Dow Jones Description

For MTI Technology, there's no such thing as Aôtoo much information'. Founded in 1987 and headquartered in Irvine, CA, MTI Technology Corporation (NASDAQ: MTIC) sells data storage hardware and software. It receives its products from vendors such as EMC, Emulex, StorageTex, and Brocade, and then resells the systems to mid- and large- sized businesses. The company currently has over 3,000 clients in North America and Europe. In addition, it provides extra services such as installation, customer support, resource management, and consulting. The company had 2006 revenue of about $155 million and has about 300 employees. In 2005, it was recognized as one of the Aô2005 Top 50 Technology Innovators' in IT Week magazine.

Chairman, President & CEOThomas P. Raimondi
Number of Employees 361
Contact Information

15641 Red Hill Ave

Tustin, California 92780

www.mti.com

(949) 251-1101

NAICS Code Computer Storage Device Manufacturing: 334112

News & Analysis

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Additional Resources

  • The case for constant velocity

    - 2008-06-01

    [ILLUSTRATION OMITTED] A machine tool's control can be a barrier to reducing the machining cycle time and improving the finish of complicated 3D molds, aerospace parts or medical-device components. When the processor can't keep up with the program, the drives starve for information, slowing tool progress, increasing cycle...

  • MAM to Sell Assets of Maricor Technologies

    - 2007-03-23

    Officials at Maine & Maritimes Corporation(AMEX: MAM) today announced that MAM signed an agreement on March 16, 2007,with HCI Systems Asset Management, LLC ("HCI") to sell substantially all ofthe assets of Maricor Technologies, Inc. ("MTI"), the technology subsidiaryof MAM which develops sustainable facility and energy governance solutions. According to Nathan...

  • MTL FACILITATES REMOTE RECOVERY FOR HORRY TELEPHONE.

    - 2007-02-01

    MTI Technology Corporation (NASDAQ:MTIC), a multi-national provider of consulting services and comprehensive information infrastructure solutions, and Horry Telephone Cooperative HTC, the nation's largest telephone cooperative, have jointly announced "HTC E2IT Remote Recovery Services," a technology solution to support a new remote data recovery service. ...

  • Market Review of MTI Technology Corporation.

    - 2007-01-23

    M2 PRESSWIRE-23 January 2007-www.streetinvesting.com: Market Review of MTI Technology CorporationC1994-2007 M2 COMMUNICATIONS LTD RDATE:23012006 Please visit www.Streetinvesting.com for the full report. Although Wall Street exhibited an overall decline Monday, investors of MTI Technology Corporation (NASDAQ:MTIC) were able to secure...

  • Growth Conference in New York City on January 11, 2007.

    - 2007-01-04

    M2 PRESSWIRE-4 January 2007-www.MarketGainer.com: Growth Conference in New York City on January 11, 2007C1994-2007 M2 COMMUNICATIONS LTD RDATE:04012007 EMC Corporation (NYSE: EMC) and its subsidiaries engage in the development and delivery of information infrastructures worldwide. Share are up $.06...

  • A Leading Specialty Risk Underwriter in the Lloyds of London Market Purchases Total MTI Storage Solution to Help Support Aggressive Expansion.

    - 2006-12-15

    M2 PRESSWIRE-15 December 2006-www.MarketGainer.com: A Leading Specialty Risk Underwriter in the Lloyds of London Market Purchases Total MTI Storage Solution to Help Support Aggressive ExpansionC1994-2006 M2 COMMUNICATIONS LTD RDATE:15122006 EMC Corporation (NYSE: EMC) and its subsidiaries engage in the development...

  • Major City of London Underwriter Chooses MTI Technology Corporation.

    - 2006-12-14

    IRVINE, California. and GODALMING, England, December 14 /PRNewswire/ -- - A Leading Speciality Risk Underwriter in the Lloyds of London Market Purchases Total MTI Storage Solution to Help Support Aggressive Expansion MTI Technology Corporation (Nasdaq: MTIC), a multi-national...

  • MTI WIRELESS EDGE (MWE).

    - 2006-08-11

    47p - Aim - The use of wireless broadband is growing rapidly in both the developed and developing world, and MTI Wireless Edge is at the forefront of antenna technology serving the industry. Recently, though, its shares have been hit by worsening sentiment towards Israeli companies....

Decision Makers

Name (plus bio) Position
Scott Poterack CFO & Secretary
Scott Poteracki CFO & Executive Vice President
Nick Boland Senior Vice President, European Finance
Larry Reed Director, MIS
Todd Schaeffer Secretary

Board of Directors

Name (plus bio) Position
Thomas P. Raimondi Chairman, President & CEO
Franz L. Cristian Board of Directors
John Repp Board of Directors
Kent D. Smith Board of Directors
Larry Begley Board of Directors
Michael Pehl Board of Directors
William Mustard Board of Directors
Organization Position Status
MTI Technology Corporation Chairman, President & CEO Current
The SCO Group, Inc. Board of Directors Current
MTI Corporation vice president of marketing Former
MTI Corporation vice president of business development Former
The SCO Group, Inc. member Former
University of Maryland bachelors degree Former
Organization Position Status
MTI Technology Corporation CFO & Secretary Current
Organization Position Status
MTI Technology Corporation CFO & Executive Vice President Current
Cray Inc. chief financial officer Former
Motorola, Inc. vice president, controller, and finance director Former
Broadcom Corporation senior director Former
Arizona State University master of business administration degree Former
University of Illinois bachelor of science degree in accounting Former
Organization Position Status
MTI Technology Corporation Senior Vice President, European Finance Current
Organization Position Status
MTI Technology Corporation Director, MIS Current
MTI Technology Corporation Director, MIS Former
Organization Position Status
MTI Technology Corporation Secretary Current
Organization Position Status
MTI Technology Corporation Board of Directors Current
Organization Position Status
MTI Technology Corporation Board of Directors Current
Seagate Technology, Inc. vice president of sales Former
Organization Position Status
MTI Technology Corporation Board of Directors Current
Legato Systems, Inc. executive vice president Former
International Business Machines Corporation general manager Former
International Business Machines Corporation sales manager Former
Organization Position Status
Optaros, Inc. Managing Director Current
406 Ventures Management, LLC Managing Director Current
Thingmagic, Inc. Current
Ratepoint, Inc Board of Directors Current
Chosensecurity, Inc. Board of Directors Current
MTI Technology Corporation Board of Directors Current
Keane, Inc. Board of Directors Current
Optaros, Inc. Board of Directors Current
Mashery, Inc. Board of Directors Current
Ambient Devices, Inc. Board of Directors Current
Razorfish Chief Financial Officer Former
Razorfish Executive Vice President Former
The Boston Consulting Group, Inc. Partner Former
Jadavpur University Telecommunication Engineer Former
Razorfish Treasurer Former
Babson College MBA in finance Former
Boston College MBA In Finance Former
Boston College Undergraduate Degree In Accounting Former
Boston College degree in Accounting Former
Organization Position Status
Procuri, Inc. Partner, Advent International Current
Openservice, Inc. Partner, Advent International Current
Ultimus Emea Partners Partner, Advent International Current
Advent International Corporation Partner, Boston Current
Advent Inc. Current
First Hop Ltd Board of Directors Current
Aspentech, Ltd. Board of Directors Current
Procuri, Inc. Board of Directors Current
The Aspentech Executive Forum Board of Directors Current
Airwide Solutions, Inc Board of Directors Current
MTI Technology Corporation Board of Directors Current
Openservice, Inc. Board Member Current
Ultimus Emea Partners Board of Directors Current
Demantra, Inc. Board Member Current
Ultimus, Inc. Board of Directors Current
RedPrairie Inc. Board Member Current
Aspen Technology, Inc. Board of Directors Current
Razorfish President Former
Razorfish Coo Former
SAP Americas Team Member Former
Ernst & Young Former
Deloitte & Touche Consulting Group Former
Razorfish Board Member Former
Documentum, Inc. Board Member Former
Organization Position Status
Booth & Associates, LLC Financial Executive Current
MTI Technology Corporation Board of Directors Current
Great Universal Incorporated CEO Former
Great Universal Incorporated President Former
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     MTICQ $0.00 0.00 (0.00% )
Average Volume 118,430
Shares Outstanding 38.81M
Market Cap 77.6K
Year High 0.0055
Year Low 0.0001
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
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