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Dianet completes $25 M financing facility

NEW YORK-Dianet Communications Inc. said it has completed a $25 million financing facility with investment firm Wexford Capital L.L.C.

Daniels & Associates arranged the facility.

Dianet designs and builds distributed antenna systems to improve coverage in open areas and in buildings. The company recently won a franchise with the city of New York to attach antennas and related equipment to as many as 3.000 city light poles and traffic lights.

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