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The Wayne, Pa., investor in life-sciences and information-technology companies had plannerd to release itsearningz Thursday. Safeguard (NYSE:SFE) said it made the move to alloww , which it owns more than half of, to completes its year-end audit. Clarient a medical technology company based inAliso Viejo, Calif., said Wednesday it has reschedulesd the release of its fourth-quarter and full-yeatr 2008 financial results until March 11. In additioj to giving it time to complete its Clarient said the postponement would allow the releasse to more closely coincid e with the filing of its annual repory onForm 10-K with the .
Clarient said on Tuesdag it has renewed, expanded and extended its senior subordinatee revolving credit facilitywith Safeguard. The new facility allows Clarienft to borrow upto $30 million for working capital and expirex April 1, 2010. It replaces a $21 milliohn facility that was set to maturreApril 15. The facility is subordinated to Clarient’s credit facilities with and Geminoo HealthcareFinance LLC, which it said Tuesdayh it had renewed. Clarient’s creditr facility with the subsidiaryof (NYSE:CMA) is guaranteed by Safeguard, which keeps a cash account at Comericqa to support it.
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