SVB News

SAN DIEGO - March 6, 2002 - Silicon Valley Bank, a wholly owned subsidiary of Silicon Valley Bancshares, will co-sponsor UCSD CONNECT's 18th annual Technology Financial Forum, held March 13 at the Sheraton Harbor Island-West Tower. The event will feature exhibit booths and business plan presentation...

LOS ANGELES - March 6, 2002 - Silicon Valley Bank (the "Bank"), a wholly owned subsidiary of Silicon Valley Bancshares, today announced it provided Sabeus Photonics, Inc. with a $2 million equipment financing facility. Sabeus Photonics is the leader in the design and manufacture of high-con...

BOSTON - January 5, 2002 - Silicon Valley Bank (the "Bank"), a wholly owned subsidiary Silicon Valley Bancshares, today announced it provided Acsis, Inc. with a $3.36 million asset-based line of credit and term loan. New Jersey-based Acsis is a provider of data collection and supply chain execution ...

CHICAGO - January 17, 2002 - Silicon Valley Bank (the "Bank"), a wholly owned subsidiary of Silicon Valley Bancshares, today announced it provided iTRACS Corporation with a $7.5 million working capital line of credit. iTRACS, the global leader in physical infrastructure network management solutions,...

SAN DIEGO - January 17, 2002 - Silicon Valley Bank (the "Bank"), a wholly owned subsidiary of Silicon Valley Bancshares, announced it provided NextGig, Inc. with an equipment term loan. San Diego-based NextGig, a leading developer of database infrastructure products, will use the financing for equip...

THIS IS A PRELIMINARY EARNINGS RELEASE SUBJECT TO FINAL COMPANY APPROVAL. ACTUAL RESULTS MAY DIFFER IN THE FINAL PRESS RELEASE. THIS PRELIMINARY RELEASE IS BEING ISSUED BECAUSE OF AN INADVERTENT EARLY MAILING OF THE COMPANY'S PRELIMINARY RESULTS LAST EVENING, TO THE COMPANY'S EMPLOYEES. THE FINAL PR...

WEST PALM BEACH, FL - January 15, 2002 - Silicon Valley Bank (the "Bank"), a wholly owned subsidiary of Silicon Valley Bancshares, today announced it established a banking relationship which provided a line of credit to Xytrans, Inc., a pioneer in the wireless broadband revolution. Xytrans is a lead...

SAN DIEGO - January 9, 2002 - Silicon Valley Bank (the "Bank"), a wholly owned subsidiary of Silicon Valley Bancshares, today announced it provided RF Magic, Inc. with $1.5 million in equipment financing. RF Magic will use the financing to acquire the equipment and software necessary to support the ...

ATLANTA - January 8, 2002 - Silicon Valley Bank (the "Bank"), a wholly owned subsidiary of Silicon Valley Bancshares, today announced it provided Viewlocity, Inc., with a $3.5 million line of credit. Viewlocity is the global provider of Supply Chain Event Management (SCEM) software and services. The...

SANTA CLARA, CA - January 7, 2002 - Silicon Valley Bancshares (the "Company"), parent company of Silicon Valley Bank (the "Bank"), today announced the appointment of Lauren Friedman as its Chief Financial Officer. In making the announcement, Silicon Valley Bank President and CEO Kenneth P. Wilcox sa...