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Oxford Finance Corporation Provides $5 Million Senior Credit Facility to SynergEyes, Inc.

March 29, 2011

Alexandria, VA, March 29, 2011 – Oxford Finance Corporation (Oxford), a subsidiary of Sumitomo Corporation, today announced that it closed a $5 million round of debt financing for SynergEyes, Inc. The transaction includes a $2.5 million senior secured term loan and a $2.5 million revolving line of credit. These funds will be used to support the company’s marketing and manufacturing growth as it launches its second generation silicone hydrogel hybrid contact lens, Duette™.

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