Prospector
Profile
1022-02
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| MTI Technology Corp. |
NAICS |
511210 |
| 17595 Cartwright Road
Irvine, CA 92614 |
Description |
Software Publishers |
| (949) 251-1101 |
Employees |
361 |
| http://www.mti.com/ |
Revenue |
(mil) |
165.9600 |
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Income |
(mil) |
-11.1600 |
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Assets |
(mil) |
70.5500 |
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Liability |
(mil) |
62.8800 |
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(for the year ended 2007-06-30) |
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Category:
Bankruptcy
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Event:
MTI Technology Corp. filed for Chapter 11 protection on October 15, 2007 with the Bankruptcy Court for the District of California (Sta. Ana), case number 07-13347, before Judge Erithe A. Smith.
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Intellectual Property:
The Company has relied on a combination of patent, copyright, trademark and trade-secret laws, employee and third party non-disclosure agreements and technical measures to protect proprietary rights in its products. [SEC Filing 10-K 07-23-07]
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Description:
The Company provides information storage infrastructure solutions that offer storage systems, software, services, and solutions to mid-enterprise open systems-based market.
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Officers:
Thomas P. Raimondi, Jr. (Chair, Pres. & CEO); Scott Poteracki (CFO & Sec.); Edward Kirnbauer (VP & Controller); William Atkins (Dir.); Lawrence P. Begley (Dir.); Franz Cristiani (Dir.); Ronald E. Heinz (Dir.); Michael Pehl (Dir.); Kent D. Smith (Dir.)
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Auditor:
Grant Thornton LLP
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Attorneys:
Scott C. Clarkson, Esq. of Clarkson Gore & Marsella APL; Torrance, CA; (310) 542-0111
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Securities:
Common Stock-Symbol MTIC.PK; Other OTC;
39,244,322 common shares outstanding as of July 18, 2007.
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Notes:
Total Assets: $64,002,000
Total Debts: $64,002,000
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