Bankrupt Ricochet Rises Like a Phoenix After Sept. 11

Amid the rubble, Ricochet bounced back.

In the aftermath of Sept. 11, few companies can claim the fortunate circumstances with which Ricochet owner Aerie Networks has met. In the months after the tragedy, not only did Aerie survive, it finally uncovered a credible post-bubble business opportunity.

"I think Sept. 11 increased awareness, a need for other types of public safety [technologies]," said Aerie Network CEO Mort Aaronson, whose company was renamed Ricochet Networks this year. "It made the market receptive to it, without question." ...