Lighting Systems Manufacturer Chooses TAB Bank for a $1 Million Revolving Credit Facility

Lighting Systems Manufacturer Chooses TAB Bank for a $1 Million Revolving Credit Facility

OGDEN, UT — (Marketwired) — 09/30/15 — A lighting systems manufacturer based in California has chosen for a $1 million revolving credit facility. The facility is based on accounts receivable and also contains an inventory component. In addition to the credit facility, the company will also utilize TAB–s for their business banking and online cash management needs.The company designs and manufactures optimum lighting systems for commercial and industrial use. Their LED lighting systems have

oti Files Patent Infringement Lawsuits Against AT&T and Verizon

oti Files Patent Infringement Lawsuits Against AT&T and Verizon

ROSH PINA, ISRAEL — (Marketwired) — 09/30/15 — (NASDAQ: OTIV), a global provider of near field communication (NFC) and cashless payment solutions, announced that it filed earlier today patent infringement lawsuits against mobile carriers AT&T and Verizon Wireless (Cases No. 1:15-cv-07698 S.D.N.Y. and 1:15-cv-07699 S.D.N.Y.). The lawsuits allege infringement of oti–s U.S. Patent No. 6,045,043 ("the –043 patent"), based on AT&T and Verizon–s offering for sale and/or sale o