Tranzeo Secures $500,000 Credit Facility to Fund Inventory Purchases
February 08, 2012 09:00 ET
Tranzeo Secures $500,000 Credit Facility to Fund Inventory Purchases
PITT MEADOWS, BRITISH COLUMBIA--(Marketwire - Feb. 8, 2012) - Tranzeo Wireless Technologies Inc. (TSX VENTURE:TZT) announces that is has secured a $500,000 credit facility to fund inventory purchases to enable it to meet its current back log of committed purchase orders. The loan is secured by a general security agreement.
Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. We use words such as "anticipate", "plan", "expect", "believe", "intend" and similar expressions to identify forward-looking statements that relate to our business, management, operating results and financial condition. These statements are not historical facts, but reflect our current expectations regarding future results or events, and include statements regarding our anticipated listing on the TSXV. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under "Risk Factors" in our Annual Information Form and Management's Discussion and Analysis which may be found on SEDAR at [ www.sedar.com ].