Volt Information Sciences Reports Update on Short-Term Financing Program
14 Dezember 2012 - 1:37AM
Business Wire
Volt Information Sciences, Inc. (OTC: VISI) today announced that
the financing facility and the requirement to provide audited
financial statements for its fiscal 2009 and 2010 years by December
14, 2012 under the Company’s short-term financing program were
extended to January 31, 2013. The underlying borrowing agreement
was also extended to January 31, 2014 from its previous June 3,
2013 expiration date, the due date for audited financial statements
for fiscal 2011 was extended to May 31, 2013, and the due date for
audited financial statements for fiscal 2012 was extended to
September 30, 2013. The Company’s short-term financing program
provides for Company borrowing secured by receivables related to
its staffing services business.
Volt Information Sciences, Inc. is a leading provider of global
infrastructure solutions in technology, information services and
staffing acquisition for its FORTUNE 1000 customer base. Operating
through an international network of servicing locations, the
Staffing Services Segment fulfills IT, engineering, administrative,
and industrial workforce requirements of its customers, for
professional search and temporary/contingent personnel as well as
managed services programs. Technology infrastructure services
include telecommunications engineering, construction, and
installation; and IT managed services and maintenance.
Information-based services are primarily directory assistance,
operator services, database management, and directory printing.
Visit www.volt.com.
Volt Information Sciences (AMEX:VISI)
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