** Powerwave Technologies Inc. (Nasdaq:PWAV) reported that it has entered into a new $50 million senior secured credit agreement with P-Wave Holdings, LLC, an affiliate of The Gores Group.
Online PR News – 13-September-2012 – Las Vegas, NV – PWAV, Powerwave Technologies Inc.
PWAV reported that it has entered into a new $50 million senior secured credit agreement with P-Wave Holdings, LLC, an affiliate of The Gores Group. Under the credit agreement, the lenders advanced $35 million to PWAV, less fees and expenses, and agreed to loan an additional $15 million to PWAV upon request from PWAV subject to the fulfillment of certain conditions. The new credit agreement also includes an accordion feature that allows PWAV to request up to an additional $100 million in term loans from the lenders, which they may advance in their discretion. Proceeds from advances under the new credit agreement will be used to finance working capital and for general corporate purposes. PWAV is a global supplier of end-to-end wireless solutions for wireless communications networks. More about PWAV at www.powerwave.com
EXC, Exelon Corporation
EXC was downgraded from Neutral to Sell by Brokerage Firm UBS EXC, a utility services holding company, engages in the energy generation and distribution business in the United States. More about EXC at www.exeloncorp.com
Viral video marketing is becoming a more important and effective online marketing tactic. Crown Equity Holdings Inc., (CRWE) recenly launched CRWE Tube, www.crwetube.com, a video sharing site that allows billions of people around the world to upload, watch and share original videos. Restricting your marketing to just written text vastly limits your audience; video marketing should be seen as another mode of online communication to reach potential customers. CRWE offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. CRWEs advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness. More about CRWE at www.crownequityholdings.com.
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