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[QUOTE]Originally posted by glassman: [QB] this is one reason i continue to hold... this indicates intent to GROW [b] Clancy Receives Twelve-Million Dollar Point of Sale Commitment Tuesday January 11, 9:38 am ET DENVER--(BUSINESS WIRE)--Jan. 11, 2005--Clancy Systems International, Inc. (OTCBB:CLSI - News; Clancy) announced today that it closed a twelve-million dollar "Point of Sale" financing commitment by Salem Capital Group. The proceeds, when required, will be used to expand Clancy's current customer base with new products and services while upgrading existing customers to "cutting edge" technology and integrated parking business solutions. The capital line will also enable Clancy to seriously analyze a variety of proposed mergers and acquisitions both in and outside it's core-parking industry. [/b] [/QB][/QUOTE]
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