Increase in Revolving Line of Credit will be used for AcquisitionsGarden City, New York—December 16, 2011—World Wide Security announced today that CapitalSource Bank, a commercial lender and a wholly owned subsidiary of CapitalSource Inc., (NYSE: CSE), has increased the revolving line of credit for World Wide Security from $5 million to $8 million. The increase in the revolving line of credit will help fund future acquisitions. Mark Simson, CFO for World Wide Security led the financing for the extension. The relationship with CapitalSource has been a critical component in facilitating past and present growth of the company. World Wide Security is known for its ability to provide security solutions through integrated products. Part of the company’s strategy for growth includes penetrating new and existing security markets with enhanced product offerings and influencing purchasing trends through aggressive pricing structures for customers. |