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PFSweb, Inc.
PFSW, an international provider of end-to-end eCommerce
solutions, announced today that it has renewed its $12.5 million asset based
financing facility with Comerica Bank through March 2014 on terms consistent
with the current agreement.
“We are pleased to continue our relationship with Comerica, which started in
2003,” said Tom Madden, PFSweb's Chief Financial Officer and Chief Accounting
Officer. “We expect that this renewed facility, combined with our solid
balance sheet and liquidity, will continue to position us to take advantage of
the growing demand for our suite of eCommerce solutions.”
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