InvestorsHub Logo
icon url

generalelectrik

08/28/07 11:40 AM

#5841 RE: analyzethis #5840

Nexus Nano Electronics, Inc. Receives Additional Funding from Yorkville Advisors
Tuesday August 28, 11:33 am ET


HOUSTON, Aug. 28 /PRNewswire-FirstCall/ -- Nexus Nano Electronics (Pink Sheets: NXNO.PK - News), announced today that it received additional funding from Yorkville Advisors. The additional funding made available to Nexus has been utilized to replace an existing working capital line of credit and a plant and equipment loan previously held by Comerica Bank, and to provide additional working capital needed to fund its operations in its Brandon, Vermont and Woburn, Massachusetts.
ADVERTISEMENT


Nexus Nano provides custom circuit board products for a variety of industries including aerospace, defense contractors and alternate energy equipment producers. For more information on Nexus Nano, please visit www.nexuscei.com.

This press release contains forward-looking statements, which involve known and unknown risks, uncertainties or other factors that could cause actual results to materially differ from the results, performance or other expectations implied by these forward-looking statements. Nexas Nano's expectations regarding future sales and profitability assume, among other things, stability in the economy and reasonable growth in the demand for its products, the continued availability of raw materials at affordable prices, retention of its key management and operating personnel, as well as other factors detailed in Nexus Nano's filings with the Securities and Exchange Commission. The forward-looking statements, assumptions and factors stated or referred to in this press release are based on information available to Consolidated Graphics today. Nexus Nano expressly disclaims any duty to provide updates to these forward-looking statements, assumptions and other factors after the day of this release to reflect the occurrence of events or circumstances or changes in expectations.




--------------------------------------------------------------------------------
Source: Nexus Nano Electronics
icon url

strongstock

08/28/07 11:41 AM

#5842 RE: analyzethis #5840

Maybe the start of a little PR campaign? Leading up to the settlement news, of course! :)