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Cornice Co-Founder Recognized by World Economic Forum; Curt Bruner Named 2005 Technology Pioneer.


LONGMONT, Colo. -- Cornice cornice (kôr`nĭs), molded or decorated projection that forms the crowning feature at the top of a building wall or other architectural element; specifically, the uppermost of the three principal members of the classic entablature, hence by  Inc. -- an innovator in compact, high-capacity storage -- has announced that CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. , EVP EVP Executive Vice President
EVP EGR (Exhaust Gas Recirculation) Valve Position Sensor
EVP Electronic Voice Phenomenon
EVP Europäische Volkspartei (Germany)
EVP Employee Value Proposition
 and Co-Founder Curt Bruner has been selected as a 2005 Technology Pioneer by the World Economic Forum. The Technology Pioneer program highlights individuals and their innovations that have the potential for dramatic and sustainable impact on society.

Bruner created the Storage Element, a compact one-inch device that can hold large amounts of data. He recognized that the functionality of increasingly popular devices like cell phones and digital music players would be constrained by prevailing approaches to storage, thereby limiting the kind of new and innovative digital entertainment that consumers could enjoy. Subsequently, Bruner developed the Storage Element and set new standards in the size, price and durability of storage made specifically for small, "pocketable" consumer electronics devices.

The Storage Element has since been widely adopted by leading brands worldwide and can be found today inside many MP3 players, cell phones and other products like GPS devices and personal storage devices. Bruner's work has also been recognized with a number of technology awards, including EDN's 2003 Innovations award for best embedded system Any electronic system that uses a CPU chip, but that is not a general-purpose workstation, desktop or laptop computer. Such systems generally use microprocessors, or they may use custom-designed chips or both.  product, and PC Magazine's 2003 Technical Excellence award.

Recognizing the potential wide-spread impact of Bruner, Cornice has received $81M in venture capital funding from BankAmerica Venture Partners, Canadian Imperial Bank Of Commerce The Canadian Imperial Bank of Commerce TSX: CM NYSE: CM, better known to most customers as CIBC, is one of Canada's major banks. CIBC is classified as a Domestic Chartered Bank (Schedule I).  (CIBC CIBC Canadian Imperial Bank of Commerce
CIBC Centres Interinstitutionnels de Bilan de Compétences
CIBC Commonwealth Institute of Biological Control (Trinidad)
CIBC Commercial International Brokerage Company
), GIC GIC

See: Guaranteed Investment Contract


GIC

See guaranteed investment contract (GIC).
 Special Investments, Nokia Ventures, VantagePoint Venture Partners, and the rest of the company's founders.

Bruner is only one of 29 Technology Pioneers selected in different areas of expertise around the world and will attend the World Economic Forum, held in Davos, Switzerland, Jan. 26-30, 2005.

About the World Economic Forum

The World Economic Forum (www.weforum.org), based in Geneva Geneva, canton and city, Switzerland
Geneva (jənē`və), Fr. Genève, canton (1990 pop. 373,019), 109 sq mi (282 sq km), SW Switzerland, surrounding the southwest tip of the Lake of Geneva.
, Switzerland, is an independent organization committed to improving the state of the world. Funded by the contributions of thousands of the world's foremost corporations, the Forum acts in the spirit of entrepreneurship in the global public interest to further economic growth and social progress. The Forum serves its members and society by creating partnerships between and among business, political, intellectual and other leaders of society to define, discuss and advance key issues on the global agenda. Incorporated in 1971 as a foundation, the World Economic Forum is impartial and not-for-profit, and is tied to no political, partisan or national interests. In 1995 the Forum was awarded NGO NGO
abbr.
nongovernmental organization

Noun 1. NGO - an organization that is not part of the local or state or federal government
nongovernmental organization
 consultative status Consultative Status is a phrase whose use can be traced to the founding of the United Nations and is used within the UN community to refer to "Non-governmental organisations (NGOs) in Consultative Status with the United Nations Economic and Social Council.  with the Economic and Social Council of the United Nations.

About Cornice

Cornice Inc. is an innovator in small, compact, low-cost, high-capacity storage that enables a new generation of pocket-able consumer electronic devices for the world's leading brand-name manufacturers. The Cornice Storage Element (SE) is durable, integrated, personal storage that brings new levels of affordability and content capacity to these devices.

Early investors in Cornice include the company's founders, management team and Texas Instruments. The Company has received venture investments from BA Venture Partners, CIBC Capital Partners, GIC Special Investments, Nokia Venture Partners and VantagePoint Venture Partners. Privately held, Cornice maintains its headquarters in Longmont, Colorado. Visit Cornice at http://www.corniceco.com/.
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Publication:Business Wire
Geographic Code:1USA
Date:Dec 21, 2004
Words:502
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