Ciprico's Second Quarter Filing

MINNEAPOLIS--(Business Wire)--
Ciprico Inc. (NASDAQ:CPCI) (the "Company") announced it will not
be timely with its filing of Form 10-QSB for the quarter ended March
31, 2008. The headcount reduction announced in March impacted the
finance and accounting team who are responsible for preparing the
filing but also have been assisting with the Company's strategic
alternative analyses. With investment banking firm Craig Hallum
Capital Group, the Company is aggressively pursuing a strategic
solution to its challenging financial condition which resulted from
previously disclosed lack of sales volume and issues with the
liquidity of certain investments. Steve Merrifield, Ciprico President
& CEO, noted "while there are no definitive agreements we have a high
level of interest from several parties who are actively engaged in
evaluating possible strategic transactions with the Company."

Ciprico also announced today release of its Virtual Storage
Technology (Ciprico VST(TM)) Pro software packages that enable
RAIDCore(TM) to run on Intel, AMD/ATI and Broadcom chipset solutions
without the need for a hardware controller. RAIDCore is now capable of
running on over 80% of the servers and workstations being shipped
today.

"Ciprico is facing some challenging times as we work through
transitioning the Company to newer products and technologies. We
believe our investments in the RAIDCore technology will make it a
pervasive data protection software solution in the market," said Steve
Merrifield. "A number of the most significant OEMs in the industry
continue their evaluation of RAIDCore. We are confident in the future
of software-based RAID and believe it offers customers unparalleled
levels of flexibility, performance and price. In addition, RAIDCore
has been integrated into our DiMeda(R), MediaVault(TM) and TALON(R)
product lines and initial customer feedback is very positive as it
relates to the performance and quality of these products."

About Ciprico

Ciprico Inc. (NASDAQ:CPCI) is a leading provider of intelligent
storage software, solutions and appliances for enterprise class IT
servers, professional workstations and digital media workflows.
Ciprico is headquartered in Minneapolis, MN. More information about
Ciprico is available at www.ciprico.com

Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995

This press release includes forward-looking statements that
involve risk and uncertainties that could cause actual results to
differ materially from the forward-looking statements. Such
forward-looking statements, which reflect our current view of the
acceptance of our products, the status of our efforts to effect a
strategic transaction, and other future events and financial
performance, involve known and unknown risks that could cause actual
results and facts to differ materially from those expressed in the
forward-looking statements for a variety of reasons. These risks and
uncertainties include but are not limited to: delays in product
development; market acceptance of Ciprico's products and services;
technological change in the storage and related industries;
competition in the storage software market; our ability to timely
effect a strategic transaction; and other risk factors discussed in
Ciprico's reports on Forms 10-KSB, 10-QSB and other reports filed with
the Securities and Exchange Commission. Investors should take such
risks into account when making investment decisions. Forward-looking
statements speak only as of the date on which they were made, and
except as required by law; we assume no obligation to update any
forward-looking statements. We do not intend to update or revise any
forward-looking statements whether as a result of new information,
future events or otherwise.

Ciprico Inc.
Steven D. Merrifield, 952-540-2400
President & CEO
Monte S. Johnson, 952-540-2400
Sr. VP & CFO

Copyright Business Wire 2008