August 9, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Probe Manufacturing, Inc., (OTCBB: PMFI), an electronics design, manufacturing, and services firm, said that it has paid off its capital lease obligation to CIT Financial. As a result of the discounted settlement, the company realized a gain of $190,960.

John Bennett the firm’s CFO, said, “We are very pleased to have completed this transaction, as it will improve our cash flow, profitability and free up our collateral.”

California-based Probe Manufacturing started in 1994, and serves industrial, instrumentation, medical, aerospace, defense, and automotive industries.

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