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NSGDatacom Announces That It Has In Place
A Multi-million Dollar Line Of Credit With SunTrust Bank
CHANTILLY, VA — May 4, 2004 —
NSGDatacom (NSG) today announced that it has in place a multi-million
dollar line of credit with SunTrust Bank. The purpose of this
line of credit is to provide NSG with an additional source of
capital so that it can continue to pursue its rapid and profitable
growth strategy.
Rich Yalen, CEO of NSG said, “We are pleased
to be able to have this line of credit in place with SunTrust
Bank, a bank known for their very high standards. As NSG grows
we look forward to expanding our relationship with SunTrust.”
About NSGDatacom
NSG is a privately owned telecommunications company that designs,
manufactures, sells and supports a wide range of industry leading
voice, VoIP and data communications products for access, concentration,
routing and switching in critical carrier and enterprise applications.
NSG products are deployed in over 100 countries worldwide. Customers
include corporate, financial, government, and telephone company
networks. Additional information about NSG can be found online
at www.nsgdata.com.
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