Ciprico Extends Multi-Year Contract for United States Navy Programs.Business Editors MINNEAPOLIS--(BUSINESS WIRE)--Jan. 13, 2003 Ciprico Inc. (Nasdaq:CPCI See CompactPCI. ) announced today that it was awarded a one-year sole source contract with the United States Navy United States Navy Major branch of the U.S. military forces, charged with defending the nation at sea and maintaining security on the seas wherever U.S. interests extend. The Continental Navy was established by the Continental Congress in 1775. with a two-year renewal option, valued up to $8.5 million. The award is a continuation of Ciprico's relationship with the Space and Naval Warfare naval warfare Military operations conducted on, under, or over the sea and waged against other seagoing vessels or targets on land or in the air. The earliest naval attacks were raids by the armed men of a tribe or town using fishing boats or merchant ships. Systems Command (SPAWAR SPAWAR Space & Naval Warfare Systems Command (US Navy) SPAWAR Space Warfare ) C4I C4I Command, Control, Communications, Computers, & Intelligence (US DoD) C4I Command Control Communications Computer and Intelligence Program Office, responsible for buying, developing, and managing Naval command, control, communications, computers, and intelligence (C41) systems. The contract is for the purchase of Ciprico's ruggedized, field-ready mass storage solutions, including the 7000 - high-bandwidth RAID arrays - and the multi-level RAID NETarray(R) - ideal for imaging and database applications in sophisticated shipboard ship·board n. 1. The condition of being aboard a ship: on shipboard. 2. Archaic The side of a ship. adj. tactical environments. Shipments of approximately $800,000 under this award were made during the first fiscal quarter, which ended December 31, 2002. "We are very excited to be extending our relationship with the United States Navy," noted Robert H. Kill, Ciprico President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Our long history of providing high-performance storage solutions to the military is further strengthened by this multi-year award. Ciprico's leadership in providing high technology military solutions positions us well for other contract awards for additional defense programs." About Ciprico Ciprico designs, manufactures and markets storage and system solutions for digital media applications within the military and government, broadcast and entertainment, and enterprise markets. Ciprico solutions combine storage, networking and computing technologies to simplify and accelerate digital media workflows. Ciprico is headquartered in Minneapolis, MN, with international sales offices in the United Kingdom. More information about Ciprico is available at www.ciprico.com. Copyright (c) 2002 Ciprico - All Rights Reserved. Ciprico is a registered trademark of Ciprico Inc. Product and company names mentioned herein may be trademarks and/or registered trademarks of Ciprico Inc. |
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