Boeing Selects Ciprico's Platforms

Boeing selects Ciprico's storage software and Talon platforms

May 10, 2007

1 Min Read
Network Computing logo

MINNEAPOLIS -- Ciprico Inc.(NASDAQ: CPCI) (the "Company"), a leading provider of storagesoftware and storage solutions for digital data assets, announcedtoday that it had been awarded a multi-year contract to supplystorage software in a ruggedized Talon(R) storage solution to Boeing. Ciprico was represented by Federal Edge Inc., one of our primaryValue Added Resellers serving the United States military, Governmentagencies, and aerospace industry.

The contract is expected to result in the Company recognizingapproximately $1 million in revenue in the second half of calendar2007. The first phase of the program involves the delivery of 19Talon(R) systems with the Company's storage software for use duringground-based testing. Over the life of this particular contract it isanticipated that an additional 216 Talon(R) solutions systems wouldbe purchased with the total contract estimated to be $8M - $12M.

"We are delighted to be working with Boeing," said Steve Merrifield,Ciprico's president and chief executive officer. "This contractreinforces Ciprico's traditional strengths in high performanceruggedized RAID systems for real-time digital data captureapplications in the most environmentally demanding applications. This contract also represents a significant source of revenue in thesecond half of calendar 2007 and through the life of the contract."

Ciprico Inc.

Stay informed! Sign up to get expert advice and insight delivered direct to your inbox
More Insights