Synergx Systems. gets financing

SSN Staff  - 
Saturday, November 1, 2003

SYOSSET, N.Y. - Synergx Systems, who designs, manufacturers and services data communication products and systems in the fire alarm and life safety markets, announced in early October that it had entered into a new, $3 million revolving credit facility with Hudson Bank that will allow it to support both planned growth and other opportunities.

Daniel Tamkin, chief executive officer and chairman of Synergx, said that while the company was borrowing below its capacity, it would have financing in place.