PSI Industries Receives $12,000,000 Credit Line From LaSalle
Released_By: USANews Press Release Network
Date: 9/24/98
Time: 3:11:34 PM
For_Immediate_Release
PSI Industries, Inc. (OTC BB:PSII) announced today the completion of a new
financial line of credit with LaSalle National Bank of Chicago. PSI was granted
a credit line of $12,000,000 million dollars at a rate more favorable than the
previous line of credit. Dominick Seminara, Chairman stated today, " I am
delighted to be affiliated with LaSalle National Bank. The increase from
$7,500,000 to $12,000,000 will allow PSI to continue and expand its growth. I
feel strongly that LaSalle understands our business goals and objectives and we
at PSI look forward to a long and lasting relationship."
PSI Industries, Inc. markets the revolutionary new The Message Camera™ as
well as other ancillary imaging products. The Message Camera™ is a 35mm one time
use camera with flash that is loaded with 400 IS0 C41 process color film which
are special occasion specific cameras, such as the "Happy Birthday" Message
Camera™, the "It's a Boy"/Girl" Message Camera™, the "Party" Message Camera™,
the "Vacation" Message Camera™. There are an additional 14 different message
cameras currently being marketed.
For further information:
Investor Relations Director Donna Silverman at (1800.824.1484)
Email: Camera000@aol.com
Visit our Web Site at:
http://www.themessagecamera.com