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ANYWARE GROUP SECURES $1.25 MILLION CREDIT FACILITY FROM COMERICA BANK >
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December 11, 2008
AnyWare Group's Success and Expansion Gets Financial Nod from Comerica Bank Saint John , NB – December 8, 2008 - AnyWare Group (AWG) a leading provider of “Platform-as-a-Service” business solutions, announced today that it has secured a $1.25 million credit facility from Comerica Bank. Coming after strong sales growth in 2008, this bank financing will fuel AnyWare Group's continuing expansion into the growing secure remote access infrastructure market. "AnyWare Group's ability to continue to attract financial support during this difficult economic period is a strong validation of the company," said Gerry Verner, Chief Executive Officer, AnyWare Group . “We appreciate the confidence Comerica has shown in AnyWare Group and our industry leading ROAM platform.” "Comerica Bank has extensive experience in providing innovative financing to growing companies like AnyWare Group," said Rob Rosen, Vice President, Technology & Life Sciences Division. "We are extremely pleased to be able to work with AnyWare Group, and we look forward to expanding our relationship as the company grows." About AnyWare Group AnyWare Group is a market and technology leader in the design and development of “Platform-as-a-Service” (PaaS) solutions. The ROAM Platform (Role Oriented Access Management) enables organizations across North America to deliver applications and information to users based on their role – anytime, anywhere. ROAM's fully-implemented, shared infrastructure ensures fast, simple deployment of best-in-class IT capabilities in a secure and supported environment. About Comerica Bank Comerica Bank's Technology and Life Sciences Division is one of the nation's leading technology banking practices, offering a wide range of financial services tailored to corporate customers, entrepreneurs and professionals. Comerica Incorporated is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Business Bank, The Retail Bank, and Wealth & Institutional Management. Comerica focuses on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada, China and Mexico. Comerica reported total assets of $65.2 billion at September 30, 2008. -30- For more information: Wayne Chamberlain |
