Therma-Wave extends $15M credit line

August 1, 2006 – Therma-Wave Inc., Fremont, CA, said it has tacked on a year to its $15 million line of credit from SVB Silicon Valley Bank, which is now available to finance working capital needs through June 2008.

“This agreement complements and supports the broader progress we continue to make in terms of increasing our financial efficiencies, and reaffirms the strength of our partnership with Silicon Valley Bank,” stated Joe Passarello, SVP and CFO for Therma-Wave.

Quentin Falconer, senior relationship manager at Silicon Valley Bank, added that Therma-Wave’s expertise in precision metrology “represents the type of innovation that supports Silicon Valley’s next generation technologies.”


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