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Cicero, Inc.: Triangle Business Leader Magazine Names John Broderick a Top CFO

^{Published on 2009-10-06 06:07:44 - Market Wire}
 

CARY, NC--(Marketwire - October 6, 2009) - In the Fall 2009 Financial Issue of Triangle Business Leader magazine, John Broderick of Cicero, Inc. (OTCBB: [ CICN ]), a leading provider of desktop automation and integration solutions, was named a 2009 Top CFO in the Triangle region. Broderick was among the eight Triangle CFOs recognized for their financial achievements in the Tech & Telecom industry. This past July, Broderick was also awarded CFO of the Year by the Triangle Business Journal. Broderick was the sole recipient in the Growth Manager category due to his forward thinking and reorganization at Cicero.

When Broderick first joined Cicero in 2001, he was immediately confronted with a balance sheet that reflected non-recoverable acquisition costs and limited cash and capital structure. Broderick was able to revive the company through the sales of existing lines of business, workforce restructuring and shareholder negotiations. Broderick has established Cicero's market presence in the desktop integration marketplace and it currently operates on customer-based cash flow rather that investor funding. Under Broderick's leadership, Cicero has seen compounded annual growth of over 88.4% and total growth of 255% in the last two years alone.

"It's an unbelievable honor to receive just one award for your achievements as a Triangle area CFO," said Broderick. "To be recognized for a second time in the same year, I am overwhelmed. I am so thankful for the support from my team, and am dedicated to the continued path of success at Cicero."

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.