Science & Technology 
Science and Technology
Science and Technology 
Wed, July 22, 2009
Tue, July 21, 2009
Cicero, Inc. : John Broderick of Cicero, Inc. Named CFO Growth Manager of the Year by Triangle Business Journal
CARY, NC--(Marketwire - July 21, 2009) - On Tuesday, July 14th, John Broderick of Cicero, Inc. (
In his current role at Cicero, Broderick not only serves as Chief Financial Officer, but also as the Chief Executive Officer. When Broderick joined Cicero, he was challenged with non-performing assets, a non-existent pipeline, limited cash and a capital structure that inhibited acquiring new capital. Broderick set out to complete a massive reorganization, which included the sale of existing lines of business to retire bank debt, closing offices around the world and restructuring the workforce to include a select team of individuals who would contribute to this rebuilding venture. Through a series of negotiations and trust-building exercises with Cicero's key shareholder base, Broderick was able to secure the operating cash required to commercialize the new Cicero product and to keep the company moving in a forward direction.
Later, Broderick focused his attention on sales and product visibility and with his internal team, formed a mission statement, established branding and built a sales and marketing organization. In mid-2007, Broderick became active participant in executive round-table conferences across the country, executing deals and securing contracts within organizations that would greatly benefit from Cicero's software. Over the past two years, Cicero has shown compounded annual growth of over 88.4% and total growth of 255%.
"It is an incredible privilege to receive this award and to be recognized among the Triangle community," said Broderick. "I am proud that the Triangle Business Journal recognizes the achievements of its area CFOs in this trying economic environment."
About Cicero, Inc.
Cicero, Inc. provides a unique approach to unifying desktop applications designed to address the specific business process needs for Global Fortune 500 and other companies and government organizations. The Cicero Platform is the original, patented desktop integration solution that streamlines business processes by automating applications and supporting Service Oriented Architectures, enhancing functionality of existing technology, increasing efficiency and effectiveness and improving customer satisfaction. Enterprise clients such as Merrill Lynch and Nationwide Financial create and deploy fully integrated solutions within weeks and typically achieve a Return on their Investment within months. Learn more about Cicero at [ www.ciceroinc.com ].
Cicero and Cicero Studio are trademarks of Cicero, Inc. and/or its affiliates. Other company names and/or products are for identification purposes and are the property of, and may be trademarks of, their respective owners.
Safe Harbor: Except for any historical information contained herein, this news release may contain forward-looking statements on such matters as strategic direction, anticipated return on investment, business prospects, the development and capabilities of the Cicero product group, new products and similar matters. Actual results may differ materially from the anticipated results or other expectations expressed in this release of a variety of factors, including risks that customers may not adopt the Cicero technology, which Cicero, Inc. may not successfully execute its new strategic initiative and other risks and uncertainties that could cause actual results to differ materially from such statements. For a description of other factors that could cause such a difference, please see Cicero, Inc.'s filings with the Securities and Exchange Commission.