In addition, AWS recently completed an agreement with the National Weather Service to provide real-time weather information to support homeland security.
"We wanted to work with a bank that has technology expertise and the ability to provide creative, flexible financial solutions," said Dan O'Connell, AWS's vice president of Finance and Administration. "We've established AWS as a dominant technology company in the field of weather, so we now look to expand our reach into new markets, and this credit facility will help us do that."
About AWS Convergence Technologies, Inc.
AWS Convergence Technologies, Inc. (http://www.aws.com) owns and operates the largest network of weather stations in the world. This real-time network gathers comprehensive, up-to-the-second weather information from more than 6,000 communities and powers the company's various products and services, including: WeatherBugTM, an online weather service that provides live neighborhood conditions to more than 15 million registered PC users; WeatherNet for Broadcast, which delivers real-time weather information to more than 80 million U.S. households through partnerships with 100 local television stations; WeatherNet for Education, which provides engaging weather information and educational tools to schools and colleges, including an innovative set of online lesson plans and software called WeatherNet Classroom; and AWS Data Services which uses AWS' unique weather network and software to provide high-value solutions for vertical industries such as energy, retail, and transportation.
About Comerica's Technology and Life Sciences Division
Comerica's Technology and Life Sciences Division is one of the nation's leading technology banking practices, offering a wide range of financial services tailored to corporate customers, entrepreneurs and professionals. Veteran bankers provide credit and financial services and products to young, growing, professionally backed technology and life sciences companies, as well as their more mature counterparts in the computer products, Internet services, telecommunications, life sciences and e-commerce industries. From 19 offices located across the U.S., Comerica's Technology and Life Sciences Division serves all major technology centers. Comerica is among the 20 largest banking companies in the nation, with $52.6 billion in assets.
Media Contacts:
Steve Rubel
Cooper Katz (for AWS)
(212) 455-8085
srubel@cooperkatz.com
or
Adrienne Moch
Pacifico (for Comerica’s Technology and Life Sciences Division)
(408) 293-8600 x319
amoch@pacifico.com
or
Keith Turner
Comerica Bank-California
(408) 556-5111
keith_turner@comerica.com
