April 2 (Reuters) - Lightspeed POS Inc LSPD.TO :
* LIGHTSPEED ANNOUNCES CLOSING OF NEW CREDIT FACILITIES WITH CIBC
* LIGHTSPEED POS INC - ENTERED INTO NEW CREDIT FACILITIES WITH CANADIAN IMPERIAL BANK OF COMMERCE
* LIGHTSPEED POS INC - NEW CREDIT FACILITIES INCLUDE $25 MILLION DEMAND REVOLVING OPERATING CREDIT FACILITY AND A $30 MILLION STAND-BY ACQUISITION TERM LOAN
* LIGHTSPEED POS INC - NEW CREDIT FACILITIES REPLACE PREVIOUS $15 MILLION WORKING CAPITAL LINE OF CREDIT GRANTED TO CO BY SILICON VALLEY BANK