Article: TDK Mediactive, Inc. Announces $8 Million Credit Facility.

Business Editors

CALABASAS, Calif.--(BUSINESS WIRE)--April 11, 2001

TDK Mediactive, Inc. (OTCBB:TDKM) today reported that it has signed an $8 million loan financing agreement with TDK U.S.A. Corporation. The loan agreement provides working capital for the Company and matures March 2002.

"Mediactive is developing many new titles launching during the summer and the next holiday season," said Vincent Bitetti, chief executive officer of TDK Mediactive. "This financing provides us with significant working capital necessary to complete these titles."

"Although we were able obtain this funding through our major shareholder, the Company will ...

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