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Otix Global, Inc. Extends Term of Loan and Security Agreement With Silicon Valley Bank (PR Newswire via Yahoo! Finance) Otix Global, Inc. , announced today that it has finalized an amendment to its loan and security agreement with Silicon Valley Bank. Â The amendment extends the term one additional year to April 11, 2011, modifies covenants, and revises the borrowing base formula which allows the Company to obtain additional funds if necessary.
Security forces arrest Hamas militant in West Bank (CTV.ca) The Israeli military says security forces have arrested Maher Udda, a leading member of the Hamas militant group's military wing in the West Bank.
PA Plans To Limit U.S. Security Involvement (Middle East Newsline) RAMALLAH [MENL] -- The Palestinian Authority has drafted a plan that would end direct U.S. involvement in Palestinian security in the West Bank. The plan called for Palestinian trainers to replace those brought by the United States as well as the marginalization of the team headed by U.S.
Israeli fire wounds seven Palestinians at West Bank demo (AFP via Yahoo! News) At least seven Palestinians were wounded on Monday when Israeli troops fired on dozens of students demonstrating near a West Bank checkpoint, security officials and medics said.
Bank of China Steps Up Email Security (BankTech) In the U.S., the bank is using an appliance and software from Proofpoint designed to catch emails that contain inappropriate words and phrases and personally identifiable information.
Ex-bank president becomes first charged in bailout program fraud (USA Today) The former president of a small Manhattan community bank on Monday became the first person accused of trying to defraud the federal bailout program.
Puget Sound Bank Awarded 4-Star BauerFinancial Rating for Strength and Security (GlobeNewswire via Yahoo! Finance) BELLEVUE, Wash. -- Puget Sound Bank received a 4-Star rating for the year 2009 from BauerFinancial, Inc., one of the nation's independent banking rating services. Four stars is one of the highest ratings available from BauerFinancial, indicating an "Excellent" performance.
