MTI Technology Corp (fka MTICQ)

[monda2frida]

MTICQ MTI Technology Corporation Common Stock 11/2/2011 12(j) Registration Revoked by SEC

http://www.otcbb.com/asp/dailylist_detail.asp?d=11/02/2011&mkt_ctg=ALL

[tradert]

From what I've seen they sold the European arm of the business as part of the bankruptcy in 2007(U.S. portion is still viable). They have had a bunch of court dates at the beginning of April, but I'm not savvy enough to easily decipher them. Yesterday they had a huge trade of over a million shares go through and it seemed super strange to me. I can only speculate as to why this happened because I can't seem to find anything relating to new news. I don't know if it's accumulation(which it most likely appears)or some kind of cover. The trade went off at the bid and end of day it climbed with more hits at the ask. Interesting to say the least.

[the cork]

Hi tradert, saw that too. These guys may be good at what they do, but that web site leaves a lot to be desired LoL.

I have no idea if their product is any good or not. I guess they do a fair amount of business in Europe. I'm not familiar with them, have you heard of them before? Best regards.

GLTA !!

[tradert]

Anybody here? Been a nice move lately and some very odd trading. I can only find some recent court dates; other than that don't know why the sudden move.

[WIDESPREAD PANIC]

See Co. website in IBOX, a lot of things going on recently!

[tradert]

Hopefully this will start gaining a little momentum. Haven't really dug too deep on the status of the bankruptcy yet. Seems like they are becoming a little more active and possibly issuing more news about the company.

[WIDESPREAD PANIC]

Traded at .10 a year ago, and $1.00 in late 2006

[WIDESPREAD PANIC]

Chart

[WIDESPREAD PANIC]

BK Docket info:

http://omnimgt.com/public/files/frmMainCase.aspx?cboclient=817

[WIDESPREAD PANIC]

Current Shareholders

[WIDESPREAD PANIC]

PR today & Website interesting stuff!

http://www.mti.com


MTI opens brand new Solutions Centre in the UK (17/11/2008) 40.96 Download
Aad Dekkers of MTI Europe re-appointed to the SNIA Europe Board of Directors (23/10/2008) 44.71 Download
MTI Expands with Appointment of New UK Services Director (01/10/2008) 78.57 Download
MTI Appoints New Chief Marketing Officer (22/09/2008) 130.57 Download
MTI Technology Attends The London Business Continuity Show (10/04/2008) 43.33 Download
The Definitive Event for Managing Risk, Resilience and Recovery (28/03/2008) 219.10 Download


MTI opens brand new Solutions Centre in the UK

MTI unveils state-of-the-art facility for partners and end users in conjunction with EMC
GODALMING, SURREY, UK, 17th November 2008 — MTI, the leading international provider of consulting services and comprehensive information infrastructure solutions for mid- to large-size organisations, today announced the opening of its new Solutions Centre in Godalming, United Kingdom. This brand new facility will demonstrate the company’s leadership in providing end-to-end solutions for its customers. The MTI Solutions Centre will encompass the EMC Velocity2 “Signature Solution Center” and feature the following infrastructure:

• EMC (Clariion CX4, Celerra, Centera, Enterprise Disk Library, Recoverpoint)
• EMC Avamar deduplication software
• Dell (PowerEdge 1950 and PowerEdge 2950)
• Microsoft Operating Systems and Exchange
• VMware (Datacenter and desktop virtualisation software)
• Cisco (Nexus 5000 and MDS)
• Ingres (Enterprise Open Source Database Platform)
• Wyse thin clients (S10, V10L, X90)

“The MTI Solutions Centre will allow us to host seminars, roundtables and workshops to generate joint business with EMC and strengthen the relationship between the two organisations,” said Aad Dekkers, Chief Marketing Officer at MTI Europe. “We will be working hand-in-hand with EMC and its EMC Select partners VMware, Quantum, Cisco, Microsoft and Dell. In addition MTI will partner with companies including Sepaton, Riverbed, Data Domain and Symantec to make this one of the leading facilities of its kind in Europe.”

Keith Clark, CEO MTI said, “We are finding that pressure on our customers to maximise effectiveness and value from their information infrastructures has never been greater and so I believe this is a very appropriate moment to open this exciting new facility.” He continued, “In a tough market, MTI continues to invest and expand because we believe people value our unique qualities and skills. With the help of our partners we have created a facility that will prove an ongoing asset to our customers.”

We diagnose, design and deliver hardware, software and services as scalable end-to-end solutions in the following areas:

• Multi protocol storage
• Backup and recovery
• Archiving
• Consolidation and virtualisation
• Resource optimisation
• Business continuity and disaster recovery
• Data and application migration and application testing

This state of the art facility covers 250m2 and can host up to 100 people; MTI built this to bring together its partners, prospects and customers in a complete, leading-edge learning and solutions centre.

The MTI Solutions Centre will host three different types of events for the company’s partners, customers and prospects:

• MTI solutions seminars:
o Up to 100 people
o Covering: business and market trends, hot technologies and solutions

• MTI solutions roundtables:
o Up to eight people
o Focus on Business and Technical topics

• MTI solutions workshops:
o Up to eight people
o Focus on Technical Solution presentations and hands on experience.

“Historically EMC and MTI have enjoyed a very strong partnership and this new Solutions Centre is the latest building block in this relationship,” said Willem Hendrickx, Head of Global Channels Office at EMC. “By giving IT professionals the opportunity to experience our solutions first-hand, we are showing them how it is possible to deploy sound, scalable and cost-effective storage and data management solutions in real datacentres, not just in testing labs.”

About MTI
MTI is a leading international provider of consulting services and comprehensive information infrastructure solutions for mid to large-size organisations. With more than 20 years of expertise as a storage technology innovator, MTI is uniquely qualified to assess, design, implement and support whole-office data storage and backup initiatives. MTI enjoys strategic partnerships with industry leaders. MTI offers the best data storage, protection and management solutions available today. By employing a strategic, consultative approach, MTI provides customers with a single point of contact that eliminates complexities while delivering operational efficiencies and competitive advantages. More information is available at www.mti.com.
About EMC
EMC Corporation is the world’s leading developer and provider of information infrastructure technology and solutions that enable organisations of all sizes to transform the way they compete and create value from their information. Information about EMC’s products and services can be found at www.EMC.com.
Press Contacts:
Aad Dekkers, MTI
[phone]
[e-mail]

[WIDESPREAD PANIC]

Avg. Daily Share Volume

Oct 31, 2008 74,151 0.00 60,803 1.22 No No
Oct 15, 2008 74,151 0.00 3,645 20.34 No No
Sep 30, 2008 74,151 0.00 3,082 24.06 No No
Sep 15, 2008 74,151 0.00 1,497 49.53 No No
Aug 29, 2008 74,151 0.00 4,281 17.32 No No
Aug 15, 2008 74,151 -31.42 3,154 23.51 No No
Jul 31, 2008 108,119 -24.67 8,923 12.12 No No

[WIDESPREAD PANIC]

9-25-08 8-k MTICQ, read this:

http://pinksheets.com/edgar/GetFilingHtml?FilingID=6166696


Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Effective as of January 11, 2008, Scott Poteracki resigned as the Company's Executive Vice President, Chief Financial Officer, and Secretary and, effective as of January 14, 2008, was appointed to the position of Chief Restructuring Officer for the Company. As Chief Restructuring Officer, Mr. Poteracki will be responsible for providing strategic financial leadership for the Company by working with management to establish long-range goals, strategies, plans and policies and will also be aiding in the restructuring of the Company. Mr. Poteracki will be compensated for his services as Chief Restructuring Officer on an hourly basis at a rate of $250.00 per hour, and will work no more than 20 hours per month, unless Mr. Poteracki gives advance notice and obtains approval from the creditor committee to work additional hours. Mr. Poteracki will retain his laptop and continue to receive medical benefits.

Mr. Poteracki was named the Company's Executive Vice President, Chief Financial Officer, and Secretary in November 2004. Prior to joining MTI, from October 2002 to November 2004, Mr. Poteracki was Chief Financial Officer for Cray, Inc., a provider of high-performance computing solutions. Mr. Poteracki served as Corporate Controller and Senior Director, Finance at Broadcom, Inc., from 2000 to 2002. Before joining Broadcom, Mr. Poteracki worked at Motorola, Inc. for more than 20 years, in various accounting and finance roles, including most recently as Corporate Director of Finance for their Internet & Networking Group.

Effective as of February 1, 2008, Thomas P. Raimondi resigned as the Company's Chief Executive Officer and President. Mr. Raimondi will continue to work with the Company as a consultant, effective as of February 4, 2008. As a consultant, Mr. Raimondi will be responsible for providing strategic leadership for the Company by working with the Board of Directors and management to establish long-range goals, strategies, plans and policies. Mr. Raimondi will be compensated for his services as a consultant on an hourly basis at a rate of $300.00 per hour, and will work no more than 10 hours per month, unless Mr. Raimondi gives advance notice and obtains approval from the creditor committee to work additional hours. Mr. Raimondi will retain his laptop and continue to receive medical benefits.

Mr. Raimondi was named the Company's President and Chief Executive Officer in December 1999 and Chairman of the Board of Directors in July 2002. As previously reported on the Company's 8-K filed on January 15, 2008, Mr. Raimondi resigned from his position as Chairman of the Board of Directors effective December 31, 2007. From April 2001 until July 2002, Mr. Raimondi was Vice Chairman of the Board of Directors. From July 1998 to December 1999, Mr. Raimondi was the Company's Chief Operating Officer. Mr. Raimondi served as Senior Vice President and General Manager from May 1996 until July 1998 and was Vice President, Strategic Planning, Product Marketing and Director of Marketing from 1987 until May 1996. Mr. Raimondi joined the Company in 1987. Mr. Raimondi was a member of the Board of Directors of The SCO Group, Inc. (formerly Caldera Systems Inc.) from September 1999 to December 2004.