Daily News: December 24, 2014

Horizon Technology Provides Venture Loan Facility to SIGNiX

Horizon Technology Finance announced it has closed a venture loan facility for SIGNiX, a provider of secure digital signatures. SIGNiX will use the proceeds for working capital purposes.

“SIGNiX is a strong addition to Horizon’s loan portfolio,” stated Gerald A. Michaud, president of Horizon. “We believe with its advanced, secure digital signature technology, notable customer and partner base and market leadership.”

Jay Jumper, president and CEO of SIGNiX, said, “This significant venture loan from Horizon strengthens our financial position to help us meet our strategic goals and drive future sales. We appreciate the support of Horizon during this important stage for our company and look forward to working with the Horizon team as we continue to meet the growing demand for our digital signature products.”