California Micro Devices Renews $15 Million Revolving Credit Facility With Silicon Valley Bank

MILPITAS, Calif., Oct. 25  /PRNewswire-FirstCall/ -- California Micro Devices (NASDAQ:CAMD) today renewed its $15 million revolving credit facility with Silicon Valley Bank, the primary, subsidiary of SVB Financial Group (NASDAQ:SIVBE), for another year.

"As California Micro Devices' primary financial services partner since 2002, Silicon Valley Bank has had the opportunity to see CMD grow and accomplish its goals from the front lines," said Tom Smith, senior vice president, Silicon Valley Bank.  "We're pleased to once again support CMD and we take pride in providing the company, and other leading technology and life science companies in Northern California and across the country, with the financial services they require."

According to Greg Miller, CMD chief financial officer, "Silicon Valley Bank is a true business partner that understands our needs. Since we began our relationship three years ago, we have received timely financial support that has encompassed equipment financing, revolving credit facilities and the refinancing of an industrial revenue bond as well as the opportunity to participate in the annual SVB Tech Investors Forum."

About Silicon Valley Bank

Silicon Valley Bank provides diversified financial services to emerging growth and mature companies in the technology, life science, private equity and premium wine industries. Through its focus on specialized markets and extensive knowledge of the people and business issues driving them, Silicon Valley Bank provides a level of service and partnership that measurably impacts its clients' success. Founded in 1983 and headquartered in Santa Clara, Calif., the company serves clients around the world through 27 domestic offices and two international subsidiaries in the U.K. and India. More information on the company can be found at http://www.svb.com/.

About California Micro Devices Corporation

California Micro Devices Corporation is a leading supplier of application specific analog semiconductor products for the mobile handset, personal computer and digital consumer electronics markets. Key products include Application Specific Integrated Passive(TM) (ASIP(TM)) devices and selected high value mixed signal ICs. Detailed corporate and product information may be accessed at http://www.calmicro.com/.

NOTE:  ASIP(TM) and Application Specific Integrated Passive(TM) are trademarks of California Micro Devices.

All other trademarks are property of their respective owners 

DATASOURCE: California Micro Devices Corporation



CONTACT:  Greg Miller, Chief Financial Officer of California Micro

Devices, [phone], or 



Web site:  http://www.calmicro.com/ 

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