Video Without Boundaries Secures New $2.5 Million Credit Line

Press Release:

Video Without Boundaries Secures New $2.5 Million Credit Line

Press Release
News Article February 2005

FORT LAUDERDALE, Fla., Feb. 7 /PRNewswire-FirstCall/ -- Video Without Boundaries, Inc. (BULLETIN BOARD: VDWB, VDWBE) , a pioneer in the emerging broadband media device market, has secured a $2.5 million revolving line of credit from Royal American Bank. The credit line will be used as necessary to satisfy working capital requirements, specifically accounts receivable and inventory financing.

"In establishing a relationship with a bank as well respected as Royal American, we are ensuring Video Without Boundaries has the facilities available to respond quickly to our customers and the market," said Jeffrey Harrell, President and CEO of Video Without Boundaries, Inc.

Senior Vice President of the Royal American Bank, Christopher A. Ebert added, "Video Without Boundaries, inc. is a welcome addition to our portfolio of technology clients. We recognize the opportunities that lie ahead and look forward to a long-term relationship in which we can support their growth."

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