Navigation Links
InfoLogix Completes $25 Million Senior Debt Financing
Date:5/5/2008

Company re-structures existing debt and expands available credit facility

HATBORO, Pa., May 5 /PRNewswire-FirstCall/ -- InfoLogix, Inc. (Nasdaq: IFLG), a leading technology provider of enterprise mobility solutions for the healthcare and commercial industries, announced today that it has completed a senior debt financing of up to $25 million with Hercules Technology Growth Capital, Inc. (Nasdaq: HTGC).

(Logo: http://www.newscom.com/cgi-bin/prnh/20071101/NETH165LOGO )

The financing will restructure the company's senior debt through a new $10.0 million working capital revolving line of credit, which will increase to $12.5 million upon certain conditions, and a $12.5 million term loan facility.

"This financing is an excellent opportunity for InfoLogix to retire our existing debt and replace it with a new facility that offers favorable terms and greater liquidity," says David T. Gulian, president and CEO of InfoLogix. "We believe it is particularly notable that in today's challenging financing environment, InfoLogix was able to secure additional growth capital with favorable terms."

InfoLogix recently reported revenues of $23.8 million for the first quarter of 2008-the highest quarterly revenues in company history, which was an 80.6% increase over the same period of 2007. In addition, InfoLogix has previously reported guidance that it believes the Company will realize more than $100 million in revenues in 2008. The Company's customers include more than 1,400 hospitals and 800 commercial organizations across North America.

"Management is pleased with our customer growth, our strong start to the fiscal year, and the record
'/>"/>

SOURCE InfoLogix, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine news :

1. InfoLogix to Report First Quarter Results on April 30, 2008 - Conference Call Information
2. InfoLogix Announces First Quarter 2008 Financial Results
3. InfoLogix to Report First Quarter Results on April 30, 2008
4. Dollar Thrifty Automotive Group Expands Mobile Managed Services Contract with InfoLogix
5. InfoLogix, Inc. to Present at the Growth & Investor Conference in Fort Lauderdale, FL
6. InfoLogix Featured in FOX Business News Interview on Reducing Healthcare Medication Errors - Video Available Online
7. InfoLogix to Report Third Quarter and Nine Month Financial Results on November 8, 2007
8. InfoLogix Signs Largest International Deal to Date with Healthcare Solutions Agreement in United Arab Emirates
9. InfoLogix Acquires Healthcare Informatics Associates Inc. (HIA); Adds Premier Healthcare Consulting Firm and Systems Integrator
10. InfoLogix Announces Approval for NASDAQ Listing
11. ConforMIS Completes Executive Team With Addition of CFO
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/22/2015)... 2015 The U.S. Pharmacopeial Convention is ... of Clinical Pharmacy Services at North Carolina State’s College ... the 2015 Beal Award for Distinguished Volunteer Service—the organization’s ... on the contributions of volunteer experts to direct its ...
(Date:1/22/2015)... Woodloch Pines, an all-inclusive family resort located ... the number one best large hotel for families in the ... their annual Travelers’ Choice Awards. , TripAdvisor represents the ... home to millions of unbiased and honest traveler reviews. The ...
(Date:1/22/2015)... (PRWEB) January 22, 2015 The Incredible Bulk ... Ben Pakulski to increase lean muscle by up to 30lbs ... caught the attention of HealthyandFitZone.com’s Stan Stevenson, prompting an investigative ... it is a step-by-step, scientific diet formula that allows the ...
(Date:1/22/2015)... York (PRWEB) January 22, 2015 The federal ... in the U.S. District Court, Southern District of West Virginia ... Inc. in that proceeding’s first bellwether trial. In an Order ... a new trial after finding that C.R. Bard had not ...
(Date:1/22/2015)... has released a new blog post explaining the main features ... , Auto insurance quotes help many drivers find the best ... call an agent or visit an agency for price information. ... http://autocarinsurancebest.com/ . , Every business who relies heavily on ...
Breaking Medicine News(10 mins):Health News:Gigi Davidson, Pioneer in Veterinary Pharmacy and Leader in Pharmacy Compounding, honored with USP’s Beal Award for Dedication to Public Health 2Health News:Gigi Davidson, Pioneer in Veterinary Pharmacy and Leader in Pharmacy Compounding, honored with USP’s Beal Award for Dedication to Public Health 3Health News:Gigi Davidson, Pioneer in Veterinary Pharmacy and Leader in Pharmacy Compounding, honored with USP’s Beal Award for Dedication to Public Health 4Health News:TripAdvisor Names Woodloch Pines Best Hotel for Families in America 2Health News:TripAdvisor Names Woodloch Pines Best Hotel for Families in America 3Health News:The Incredible Bulk: Review Examining Ben Pakulski’s Brand New Bulking Muscle Building Diet Program Released 2Health News:Court Upholds $2 Million Vaginal Mesh Lawsuit Verdict Levied Against C.R. Bard in First Federal Bellwether Trial, Bernstein Liebhard LLP Reports 2Health News:Court Upholds $2 Million Vaginal Mesh Lawsuit Verdict Levied Against C.R. Bard in First Federal Bellwether Trial, Bernstein Liebhard LLP Reports 3Health News:Court Upholds $2 Million Vaginal Mesh Lawsuit Verdict Levied Against C.R. Bard in First Federal Bellwether Trial, Bernstein Liebhard LLP Reports 4Health News:Commercial Auto Insurance Provides Several Important Features! 2
... , ... More than 30 million Americans suffer from chronic itching related to a variety ... itching creates a cycle that becomes both a cause and a symptom. The ... Studies show that capsaicin, a natural hot pepper extract can relieve itching fast, ...
... SEATTLE, Nov. 5 Cell Therapeutics, Inc. (CTI) (Nasdaq ... for the third quarter and nine months ended September 30, ... attributable to common shareholders for the nine month period in ... had approximately $55.0 million in cash and cash equivalents as ...
... PARO Robots U.S. Inc. and the Japan External Trade ... the therapeutic robot PARO will begin in the United States ... in Itasca, Illinois. The company will take orders from individuals ... 2009. , This follows receipt of Class II exempt pre-marketing ...
... Language Line, LLC and Coto Acquisition LLC (the ... "Agreement") among the Borrowers, Language Line Holdings LLC ("Holdings"), ... Bank of America, N.A. as administrative agent, Morgan Stanley ... Securities (USA) LLC as syndication agent. , The Agreement ...
... Weak Verification and Loosening of Welfare Reform Rules ... WASHINGTON, Nov. 4 Current versions of both the ... verification measures that will fail to prevent millions of ... the Federation for American Immigration Reform (FAIR). And in ...
... is tied to a protein implicated in rare form ... (HealthDay News) -- People with painful, chronic bowel conditions ... a glimmer of hope from new research. , Scientists ... a rare childhood form of colitis, and the finding ...
Cached Medicine News:Health News:Natural Pepper Skin Sprays Stop Any Itch In Minutes Without Burning 2Health News:Natural Pepper Skin Sprays Stop Any Itch In Minutes Without Burning 3Health News:Cell Therapeutics Decreases Net Loss for Nine Month Period in 2009 Compared to Same Period in 2008 by 45% 2Health News:Cell Therapeutics Decreases Net Loss for Nine Month Period in 2009 Compared to Same Period in 2008 by 45% 3Health News:Cell Therapeutics Decreases Net Loss for Nine Month Period in 2009 Compared to Same Period in 2008 by 45% 4Health News:Cell Therapeutics Decreases Net Loss for Nine Month Period in 2009 Compared to Same Period in 2008 by 45% 5Health News:Cell Therapeutics Decreases Net Loss for Nine Month Period in 2009 Compared to Same Period in 2008 by 45% 6Health News:Cell Therapeutics Decreases Net Loss for Nine Month Period in 2009 Compared to Same Period in 2008 by 45% 7Health News:PARO Robots Announces Launch of Sales and Delivery in the U.S. 2Health News:PARO Robots Announces Launch of Sales and Delivery in the U.S. 3Health News:Health Care Reform Legislation Becomes Vehicle for Reshaping Immigration Policy 2Health News:Health Care Reform Legislation Becomes Vehicle for Reshaping Immigration Policy 3Health News:Gene Discovery Gives Clues to Crohn's Disease, Colitis 2Health News:Gene Discovery Gives Clues to Crohn's Disease, Colitis 3
(Date:1/22/2015)... MINNEAPOLIS , Jan. 22, 2015  Bio-Techne Corporation (NASDAQ: ... launched Ella, the first member of the new Simple ... ProteinSimple brand.  This launch represents the re-branding of the ... The Simple Plex platform is a transformative immunoassay technology ...
(Date:1/22/2015)... Increasing sophistication among enterprise buyers of language services ... 2015, says Moravia CMO, Renato Beninatto ... market research firm Common Sense Advisory, 15 percent of ... and localization needs. "From a language industry perspective, this ...
(Date:1/22/2015)... Jan. 22, 2015 Research and Markets ... the "Microbiology Testing/Clinical Microbiology Market by Product, ... to 2019" report to their offering. ... of techniques for the detection of infectious diseases. ...
Breaking Medicine Technology:Bio-Techne Launches Simple Plex Platform 2Bio-Techne Launches Simple Plex Platform 3Moravia Sees Single-Sourcing as Key Localization Trend in 2015 2Global Microbiology Testing/Clinical Microbiology (Instrument, Analyzer, Incubator, Kit, Microscope, Molecular Diagnostics) Market - Forecast to 2019 2Global Microbiology Testing/Clinical Microbiology (Instrument, Analyzer, Incubator, Kit, Microscope, Molecular Diagnostics) Market - Forecast to 2019 3
Standard Lipo-tubing...
... Screening, Supplemental Confirmatory (Western Blot): The assay ... antigens on their surface. The cells are ... glass slide. Fixed, uninfected T-cells are provided ... plasma sample with HIV- I antibodies comes ...
Perfect for physicians who prefer a Heavier and Longer tubing, permitting them maximum access around the OR table. 12 feet in length Sizes availabe to fit any vacuum canisters...
Inquire...
Medicine Products: