KENT, Wash., July 13 /PRNewswire-FirstCall/ -- Flow International
Corporation (Nasdaq: FLOW), the world's leading supplier of ultrahigh-pressure
waterjet products, today announced that it has entered into a new three-year
$30 million credit agreement with Bank of America N.A. and U.S. Bank N.A. The
new agreement replaces the Company's short-term facility, which was due to
expire on August 1, 2005, with a new facility expiring July 08, 2008. The
Company expects to file the new credit agreement as an exhibit in its April
30, 2005 Form 10-K.
About Flow International
Flow International Corporation is the world's leading developer and
manufacturer of ultrahigh-pressure waterjet technology for cutting, cleaning,
and food safety applications, providing state-of-the-art ultrahigh-pressure
(UHP) technology to industries including automotive, aerospace, job shop,
surface preparation, food and more. For more information, visit
http://www.flowcorp.com.
Contact: Steve Reichenbach
Chief Financial Officer
253-850-3500
SOURCE Flow International Corporation
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Related links:
http://www.flowcorp.com
CONTACT:
Steve Reichenbach, Chief Financial Officer of
Flow International Corporation, +1-253-850-3500
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