Ciprico and General Dynamics Announce Technology Agreement.Business Editors & Technology Writers MINNEAPOLIS--(BUSINESS WIRE)--Aug. 9, 2001 Ciprico Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CPCI See CompactPCI. ) has signed a technology license agreement with General Dynamics Information Systems (GDIS GDIS General Dynamics Information Systems GDIS Guam Data Interface System GDIS Global Distribution Images System ) where GDIS will incorporate Ciprico's FibreSTORE RAID technology in the manufacture of a fully militarized mil·i·ta·rize tr.v. mil·i·ta·rized, mil·i·ta·riz·ing, mil·i·ta·riz·es 1. To equip or train for war. 2. To imbue with militarism. 3. To adopt for use by or in the military. version for their Tactical Disk Recording System (TDRS TDRS Tracking & Data Relay Satellite TDRS Tactical Data Radio System TDRS Tactical Disk Recording System TDRS Tracking and Data Relay Satellite ) product line. General Dynamics Information Systems is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of General Dynamics Corporation (NYSE NYSE See: New York Stock Exchange :GD). The General Dynamics TDRS, available first quarter 2002, is a compact, flight worthy data translator, storage, and retrieval system that translates and stores flight test data or high bandwidth sensor data. Designed for use in the severe environments of tactical aircraft or sensor pods attached to a tactical aircraft, TDRS provides reliable, high performance recording and capacities unequalled by competitive recording systems. The TDRS is unique in that the design includes licensed high-bandwidth RAID technology based on Ciprico's commercially successful FibreSTORE RAID. Uldis Birznieks, Director of Mass Storage Systems for General Dynamics Information Systems noted, "The integration of Ciprico's FibreSTORE RAID technology into the development of our TDRS product line helped to reduce overall project costs considerably, and also reduced overall development time." "Ciprico's superior technical expertise and continued success of providing guaranteed performance rates to commercial applications, has translated into the ability to offer the same to highly militarized products like General Dynamics TDRS." comments Ciprico's 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. , Robert H. Kill. "We continue to further enhance Ciprico's family of data storage systems that is unsurpassed in their ability to withstand a wide range of environments from shipboard, ground vehicle, and airborne applications, including tactical aircraft, with a common and compatible interface to the storage - regardless of the environment. The level of performance provided by these products is three to five times that of previous generation data recording technologies such as the Ampex DCRsi(TM) Digital Tape Cartridge. In addition, the price/performance ratio is unparalled compared to solid state or tape recording devices. This announcement continues to establish Ciprico as a leader in creating militarized products." General Dynamics Information Systems, based in Bloomington, MN, specializes in mission-critical systems for tactical avionics, rugged mass data storage, command and control, surveillance, spaceborne space·borne adj. Operating in or involving equipment operating in outer space: a spaceborne satellite. processing, and other defense and aerospace applications. General Dynamics Corporation (NYSE:GD), headquartered in Falls Church, Virginia Falls Church is an independent city in Virginia, United States. The population was 10,377 at the 2000 census. This city is a part of the Washington Metropolitan Area. A much larger number of people reside in Greater Falls Church , employs approximately 47,000 people worldwide and anticipates 2001 sales of approximately $11.5 billion. The company has leading market positions in business aviation, information systems, shipbuilding and marine systems, and land and amphibious combat systems. Ciprico Inc. (NASDAQ:CPCI) designs, manufactures and markets high-performance, direct-attached and networked storage solutions, including intelligent hardware, software and professional services. Ciprico storage solutions are designed for visual computing applications ranging from high-speed data capture, through processing and analysis, to real-time playback at sustained performance levels. Ciprico is headquartered in Minneapolis, Minnesota. More information about Ciprico is available on the Web at www.ciprico.com. Editorial note: Product and company names used herein are trademarks or registered trademarks and are owned by the companies mentioned. |
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