SIS Establishes New Financial Relationship $5 Million Credit Facility Fuels Growth
LEXINGTON, Ky., May 24, 2012 /PRNewswire/ -- SIS, a leading regional provider of Enterprise Class IT Solutions and Services recently secured a $5 million credit facility with Wells Fargo Capital Finance, part of Wells Fargo & Company (NYSE: WFC). The credit facility plays a critical role in SIS executing against its aggressive five year strategic growth plan. In addition to adding highly skilled sales and technical coverage across Kentucky, Indiana, Ohio, Michigan and West Virginia – SIS also recently opened a high density Tier III Data Center in the corporate headquarters in Lexington, KY. These strategic investments provide SIS the resources to support emerging cloud solutions demand as well as deliver tremendous expertise and value to clients across the region.
About Wells Fargo Capital Finance
Wells Fargo Capital Finance is the trade name for certain asset-based lending, accounts receivable and purchase order finance services of Wells Fargo & Company and its subsidiaries, and provides traditional asset-based lending, specialized senior secured financing, accounts receivable financing, purchase order financing and channel finance to companies across the United States and internationally. Dedicated teams within Wells Fargo Capital Finance provide financing solutions for companies in specific industries such as retail, software publishing and high-technology, commercial finance, staffing, government contracting and others. For more information, visit www.wellsfargocapitalfinance.com.
About Software Information Systems
SIS is a total technology solutions provider serving more than 1,300 customers nationwide. Partnered with leading IT vendors, SIS delivers hardware and software solutions, technical expertise, consulting services and data center solutions. The company's Managed Solution Center is a state-of-the-art Tier 3 data center facility that provides comprehensive hosting and cloud offerings, including virtualization, business continuity, security, storage management and application support as well as systems monitoring and management. Founded in 1982, SIS is headquartered in Lexington, Ky. and has regional offices in Indiana, Kentucky, Michigan, Ohio, Virginia and West Virginia. For more information, visit www.ThinkSIS.com.
Patrick Cashman, SIS, 859.977.4793, PCashman@ThinkSIS.com