Urologix, Inc. announced that it has secured an extension to June 30, 2014 of its credit facility with Silicon Valley Bank ("SVB"). The line of credit with SVB allows borrowing by the company of up to the lesser of $2.0 million or the defined borrowing base consisting of 80% of eligible accounts receivable. The credit facility provides Urologix with access to additional working capital so the company can continue to execute its growth strategy.

The facility is secured by the company's assets and the company has agreed to comply with certain financial and non-financial covenants, including providing certifications, reports and notices of certain demands.