I first read about this camera in Joseph Meehans book on panoramic photography. For long, I searched for this camera in the internet but never found any good closeup picture of the same.
Some time ago, I found quite a few pictures taken by this camera in Flickr. Upon request, the owner of this camera, Mr. Randy, promptly sent me the pictures of this camera which he owns since 1991.
The Lipari-rama was handmade by Jim Lipari of Omaha, NE. He was a renowned authority on Cirkut panoramic cameras. Google his name for more information.
This camera is a rotational panoramic camera, build on the body of a Nikon film SLR. Other camera brands too were used so far as I know. Like most other rotational cameras, a small battery operated motor rotates the camera as well as continuously draws the film. The exposure is made through a very narrow slit on the plane of the shutter curtain and with the mirror raised. The exposure is altered through controlling the rotation speed, which is in turn, a function of the applied voltage (see the pictures).
I just came across some more information on Jim Lipari along with a photograph of him with his Lipari-Rama camera ,in an old issue of the Panorama magazine. You can download the pdf from here (Page 3 top left). The camera was mentioned as 'Lipariwide'.
I thank Randy for providing me the pictures along with their descriptions. Please note that the copyright for the pictures belong to him and you may not use them without his permission.