SALT LAKE CITY -- CirTran Corp. said today that it has settled all major litigation in which it was a defendant, clearing the way for the filing of Form 10-KSB for fiscal 2005 with the SEC later this week.
The EMS company had been involved in a breach of contract filing dating to Sept. 11, 2003. The suit was settled for $200,000, on Feb. 24, according to court filings and company statements.
BILLERICA, MA -- On March 31, BTU International executed a commitment letter for a commercial mortgage facility (ith Salem Five Cents Savings Bank in the amount of $10 million.
As of Dec. 23, the interest rate will be 6.84%. The maturity date is Dec. 23, 2015.
NEW DELHI -- The chief executive of Agilent Technologies said today that the test and measurement OEM could generate up to $300 million in annual revenues from operations in India by 2008.
The amount would be three times the company's revenue of $100 million in 2005, CEO Bill Sullivan said.