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P-COM RENEWS SILICON VALLEY CREDIT FACILITY

CAMPBELL - P-Com Inc., a worldwide provider of broadband wireless access products and services to carriers, commercial enterprises and government agencies, has said that  Silicon Valley Bank has renewed its credit facility for an additional year.

The credit facility for working capital purposes allows for borrowings of up to $4 million.

P-Com entered into a 364-day credit facility with Silicon Valley Bank in September 2002, and it has been renewed for the past two years. P-Com's tangible and intangible assets secure borrowings under the facility.

The company develops, manufactures, and markets point-to-point, spread spectrum and point-to-multipoint, wireless access systems to the worldwide telecommunications market.
 
It's broadband wireless access systems are designed to satisfy the high-speed, integrated network requirements of Internet access and private networks.
 
Silicon Valley Bank is headquartered in Santa Clara and serves more than 9,500 clients across the country through 26 regional offices.

CASH AMERICA BUYS NEW CALIFORNIA LOCATIONS

FORT WORTH - Pawnshop operator Cash America International Inc. has acquired 32 cash advance locations in Southern California from two companies in separate deals totaling $14.2 million in cash.

The acquisitions represent the company's first entry into the California market.

Including the new locations, the company offers cash advance products in 601 lending locations in 18 states, and operates 402 pawnshops in 17 states.

Currently, the newly acquired businesses operate under the trade names of Urgent Money and GoldX Financial, but will be integrated and branded using the Cash America name over the next six to twelve months.

The approximate balance of cash advances acquired is $2.3 million.

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