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SYNX Silynxcom Ltd

4.27
-0.04 (-0.93%)
25 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Silynxcom Ltd AMEX:SYNX AMEX Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.04 -0.93% 4.27 4.33 4.01 4.33 2,768 00:47:16

Synergx Systems Inc. (Nasdaq: SYNX) Announces Credit Line Renewal

10/03/2005 3:56pm

PR Newswire (US)


Silynxcom (AMEX:SYNX)
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Synergx Systems Inc. (Nasdaq: SYNX) Announces Credit Line Renewal SYOSSET, N.Y., March 10 /PRNewswire-FirstCall/ -- Synergx Systems announced that it has agreed to a two year renewal of its credit facilities with Hudson United Bank on comparable terms and conditions. Subject to execution of final documentation, Synergx's new credit facility will run through June 2007. Chairman and CEO Daniel Tamkin commented, "We are delighted to continue our excellent relationship with Hudson United. We now have in place the financing to carry forward with our marketing program for the next couple of years." Synergx is engaged in the design, manufacture, marketing and service of a variety of data communication products and systems with applications in the fire alarm, life safety, security and communication industries. "Safe Harbor" statement under the Private Securities Reform Act of 1995: This release contains forward-looking statements, which reflect management's current views of future events and operations. These forward-looking statements are based on assumptions and external factors, including assumptions relating to product pricing, competitive market conditions, financial data, and other risks or uncertainties detailed from time to time in the Company's filings with the Securities and Exchange Commission. These forward-looking statements represent the Company's judgment as of the date of this release and any changes in the assumptions of external factors could produce significantly different results. DATASOURCE: Synergx Systems Inc. CONTACT: John Poserina, Chief Financial Officer of Synergx Systems Inc., +1-516-433-4700

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