LARS Larscom Incorporated (MM)

Larscom Incorporated Announces $5 Million Credit Line NEWARK, Calif., June 9 /PRNewswire-FirstCall/ -- Larscom Incorporated (NASDAQ:LARS), a leading provider of WAN connectivity and network access equipment, today announced that it had agreed to a $5 million asset-based credit line with Silicon Valley Bank. "We are pleased to have established this credit line with Silicon Valley Bank, a bank that understands and has a long history of support for high technology enterprises," said Don Morgan, Larscom's chief financial officer. "This credit line will provide us with flexibility in meeting our cash needs. We have also chosen Silicon Valley Bank to provide for our general banking needs, including investment management and lockbox services," concluded Morgan. "We take pride in our continued relationships with leading technology companies like Larscom," said Quentin Falconer, senior vice president, Silicon Valley Bank. "Silicon Valley Bank strives to provide Larscom, and other emerging and established technology companies, with creative solutions and diversified financial services that will help them successfully execute their business objectives." About Larscom Larscom enables high-speed access by providing cost-effective, highly reliable (carrier-class), and easy-to-use network access equipment. In June 2003, Larscom merged with VINA Technologies to create a worldwide leader in enterprise WAN access for the delivery of high-speed data, and integrated voice and data services with the deployment of more than 350,000 systems worldwide. Larscom's customers include major carriers, Internet service providers, Fortune 500 companies, small and medium enterprises, and government agencies worldwide. Larscom's headquarters are in Newark, California. Additional information can be found at http://www.larscom.com/. About Silicon Valley Bank Silicon Valley Bank provides diversified financial services to emerging growth and mature companies in the technology, life sciences and private equity markets, as well as the premium wine industry. Through its focus on specialized markets and extensive knowledge of the people and business issues driving them, Silicon Valley Bank provides a level of service and partnership that measurably impacts its clients' success. Founded in 1983 and headquartered in Santa Clara, California, the company serves more than 9,500 clients across the country through 26 regional offices. More information on the company can be found at http://www.svb.com/. DATASOURCE: Larscom Incorporated CONTACT: Donald W. Morgan of Larscom Incorporated, +1-510-492-0800 Web site: http://www.larscom.com/

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