News Releases

Comerica Provides $1 Million Term Loan to Trinity Convergence

Cambridge, United Kingdom research and development center. Trinity Convergence is backed by prominent venture capital firms such as Intersouth Partners, Mid-Atlantic Venture Funds and Core Capital Partners.

"Comerica provides Trinity with the resources of a large bank but also the personal service we expect from local bankers," said Jeff Critser, Trinity Convergence president and CEO. "Trinity is quickly gaining market traction based on our unique, integrated approach to packet telephony system-level software. Comerica’s support will enable us to continue executing against our business plan."

"Comerica has been a good partner for Trinity and its investors. They worked closely with us to structure a transaction that was beneficial for all parties," said Mitch Mumma, general partner at Intersouth Partners.

About Trinity Convergence
Trinity Convergence provides telecom equipment OEMs, media blade and DSP providers with a complete system-level packet telephony framework. Unlike closed DSP-centric and individual component-level offerings, Trinity’s integrated VeriCall™ software provides OEMs with not only development cost savings but also the ability to preserve their proprietary intellectual property. And because VeriCall is flexible and portable, customers can quickly develop high-density, carrier-grade products. Those offerings are future-proofed because Trinity supports industry standards as well as various silicon providers. For more information, visit www.trinityconvergence.com.

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 $50 billion in assets.

Media Contacts:
Alli Blakebrough
Trinity Convergence
(919) 863-4192
ablakebrough@trinityconvergence.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