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    ALDATA SOLUTION OYJ  299  0 Kommentare CONFIRMATION OF NEW CREDIT FACILITY AGREEMENT BEING REACHED


    Aldata Solution Oyj, Stock Exchange release, 4 April 2012 at 10.20 a.m. (EET)


    ALDATA SOLUTION OYJ: CONFIRMATION OF NEW CREDIT FACILITY AGREEMENT BEING REACHED

    Aldata Solution Oyj has signed a credit facility agreement with Silicon Valley
    Bank for a credit facility of EUR 5.0 million. The facility is for a 2 year
    period and is based on the European arms-length commercial interest conditions.

    This new facility will replace the old facility that was refunded at the end of
    March 2012 as per the agreed terms of how the old facility should be repaid
    following the breach in the change in control clause of that agreement.

    Symphony Technology Group has arranged for a guarantee to be provided for the
    new facility, which was as prerequisite of Silicon Valley Bank when granting the
    facility.

    Together with the proceeds received from the sale of Aldata´s Finnish subsidiary
    in March 2012, this facility will help Aldata to address its liquidity issues
    and to fund the Company´s ongoing working capital needs.

    Aldata Solution Oyj


    Further information:

    Todd Sanders CFO, +358 10 820 8000

    About Aldata
    Aldata is a global leader in retail and distribution optimization. Our software
    and service solutions help retailers, distributors and manufacturers
    dramatically improve their business performance. We optimize categories, space,
    supply, logistics, and consumer engagement to increase our customers´ revenue
    and margins, reduce time, cost and waste, and enhance on-shelf availability,
    service, and retention.
    Founded in 1988, Aldata has an unparalleled track record of delivering
    successful projects for the world´s largest retail and consumer brands, national
    wholesale and distribution organizations, and regional store chains. Aldata
    Solution is a public company quoted on NASDAQ OMX Helsinki Ltd with the
    identifier ALD1V.
    Discover more about Aldata´s customers, our solutions, and the multi-skilled
    global team that supports them at www.aldata.com

    Distribution:
    NASDAQ OMX Helsinki Ltd
    Media
    www.aldata.com

    This announcement is distributed by Thomson Reuters on behalf of
    Thomson Reuters clients. The owner of this announcement warrants that:
    (i) the releases contained herein are protected by copyright and
    other applicable laws; and
    (ii) they are solely responsible for the content, accuracy and
    originality of the information contained therein.

    Source: Aldata Solution Oyj via Thomson Reuters ONE
    [HUG#1600071]

    Wertpapiere des Artikels:
    FI0009007918



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    ALDATA SOLUTION OYJ CONFIRMATION OF NEW CREDIT FACILITY AGREEMENT BEING REACHED Aldata Solution Oyj, Stock Exchange release, 4 April 2012 at 10.20 a.m. (EET) ALDATA SOLUTION OYJ: CONFIRMATION OF NEW CREDIT FACILITY AGREEMENT BEING REACHEDAldata Solution Oyj has signed a credit facility agreement with Silicon Valley Bank …

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