SOURCE: TeleMatrix, Inc.

telematrix

December 07, 2009 18:31 ET

TMX Funding, an Affiliate of Scitec/TeleMatrix, Acquires Debt of Teledex, LLC

COLORADO SPRINGS, CO--(Marketwire - December 7, 2009) - TMX Funding Inc. (TMX Funding), an affiliate of Scitec, Inc./TeleMatrix, Inc., announces that it acquired certain senior indebtedness issued by Teledex, LLC of San Jose, CA (www.teledex.com) and certain of its corporate affiliates, effective December 7, 2009. The indebtedness is secured by substantially all of the assets of Teledex.

TMX Funding has scheduled a non-judicial foreclosure sale against certain of these assets for December 18, 2009 at 1:30 p.m., California time, at Buchalter Nemer, 333 Market Street, Suite 2500, San Francisco, California 94105-2102.

Any parties interested in the foreclosure sale should contact:

Jeffrey Garfinkle, Esq.
BuchalterNemer, A Professional Corporation
18400 Von Karman Avenue, Suite 800 | Irvine, CA 92612-0514
Direct Dial: (949) 224-6254; Direct Fax: (949) 224-6400
Email: jgarfinkle@buchalter.com

About Scitec/TeleMatrix

Scitec/TeleMatrix (www.scitecinc.com) | (www.telematrix.net) is a leading provider of analog, SIP, DECT SIP, and Digital Centrex telephones with more than 7 million phones installed at over 30,000 customer sites worldwide. Headquartered in Colorado Springs, Colorado, the company has qualified distributors in North America, Europe, Middle East, Africa, Asia/Pacific, South America, and CALA.

Contact Information

  • Press Contact:
    William Hazelton
    Scitec/TeleMatrix
    Marketing Manager
    Tel: +1 719 638 8821
    Fax: +1 719 638 8815
    whazelton@telematrix.net