SVB News

SANTA CLARA, CA - June 3, 2002 -Silicon Valley Bank (SVB), the premier bank for emerging global technology companies, today reinforced its commitment to global entrepreneurship by signing on as the first global sponsor of TiE, a global not-for-profit organization dedicated to fostering entrepreneurs...

Atlanta, Georgia - May 09, 2002 Silicon Valley Bank (the "Bank"), a wholly owned subsidiary of Silicon Valley Bancshares, today announced it provided Synchrologic, Inc. with $4.25 million in financing to support working capital and general corporate purposes. Atlanta, Georgia-based Synchrologic, Inc...

Calabasas Hills, California - May 7, 2002 - Silicon Valley Bank (the "Bank"), a wholly owned subsidiary of Silicon Valley Bancshares, today announced it provided Fulcrum Microsystems, Inc. with $2.0 million in additional financing to support the purchase of new equipment and other fixed assets. Fulc...

SEATTLE, WA - May 7, 2002 - Silicon Valley Bank (the "Bank"), a wholly owned subsidiary of Silicon Valley Bancshares (Nasdaq: SIVB - news), announced today that it has provided a $3.5 million working capital facility and a $1.5 million equipment facility to Insightful Corporation (NASDAQ: IFUL - new...

Colorado Springs, Colorado - May 7, 2002 - Silicon Valley Bank (the "Bank"), a wholly owned subsidiary of Silicon Valley Bancshares, today announced it provided Plasmon, Inc. with a $10.0 million working capital line of credit. Headquartered in Cambridge in the UK, Plasmon is a leading provider of a...

SANTA CLARA, CA - Silicon Valley Bancshares (NASDAQ: SIVB), parent company of Silicon Valley Bank, today announced net income of $13.4 million for the three months ended March 31, 2002, an increase of $1.3 million or 10.6 percent from the fourth quarter of 2001. Net income in the first quarter of 20...

Silicon Valley Bank , a wholly owned subsidiary of Silicon Valley Bancshares (Nasdaq: SIVB - news), announced it has provided Envenergy, Inc., with $1 million in equipment financing and a $2 million working capital line of credit. Envenergy will use the equipment financing to acquire the equipment a...

Chicago, IL - April 9, 2002 - Daniel Wallace, relationship manager in Silicon Valley Bank's Chicago office, will moderate a panel at the Greater Columbus Chamber's April 16 event, called "Capital Crash Course: Realizing the Dream." The event will be held at the Business and Technology Center at 1275...

Portland, Oregon - April 4, 2002 - Silicon Valley Bank (the "Bank"), a wholly owned subsidiary of Silicon Valley Bancshares, today announced it provided Qsent, Inc. with $4.5 million in financing to support general corporate needs. Portland, Oregon-based Qsent, Inc. uses real-time telephone company ...

Jackson, Mississippi - April 04, 2002 - Silicon Valley Bank (the "Bank"), a wholly owned subsidiary of Silicon Valley Bancshares, today announced it provided SmartSynch, Inc. with a $4.6 million working capital line of credit. Jackson, Mississippi-based SmartSynch, Inc. is a privately held technolog...