Contact Information: Contact: Bruce Rubin 203-983-5280
TICC Increases Credit Facility to $180 Million
| Source: Technology Investment Capital Corp.
GREENWICH, CT--(Marketwire - June 28, 2007) - Technology Investment Capital Corp. (NASDAQ : TICC ) announced today that it has amended its existing revolving credit
facility ("Facility"), increasing it from $150 million to $180 million.
Royal Bank of Canada serves as the agent for the Facility.
About Technology Investment Capital Corp.
We are a publicly traded business development company principally engaged
in providing capital to small to mid-size technology-related companies.
While the structures of our financings vary, we look to invest primarily in
the debt and equity of established technology-related businesses.
Companies interested in learning more about financing opportunities should
contact Barry Osherow at (203) 661-9572 or visit our website at
www.ticc.com.
Forward-Looking Statements
This press release contains forward-looking statements subject to the
inherent uncertainties in predicting future results and conditions. Any
statements that are not statements of historical fact (including statements
containing the words "believes," "plans," "anticipates," "expects,"
"estimates" and similar expressions) should also be considered to be
forward-looking statements. Certain factors could cause actual results and
conditions to differ materially from those projected in these
forward-looking statements. These factors are identified from time to time
in our filings with the Securities and Exchange Commission. We undertake no
obligation to update such statements to reflect subsequent events.