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Sysix Financial Reports a Record 300% Growth in 1st
Half of 2007
Chicago, IL, USA, FRANKFURT AM MAIN,
– August 7, 2007
Sysix Financial,
LLC, the leasing and financial subsidiary of Sysix Solutions, Inc., announces
that through the first half of 2007, it has achieved a 300% growth in new leases
originated over the same period in 2006 with a 30% increase in gross profit
margin. The company is on pace to write over $20 million in new technology
leases for hardware, software and consulting services to companies implementing
new technology solutions. In addition, the company recently has added Al
Schwartz, a seasoned financial services executive. Mr. Schwartz brings 18 years
of experience with companies such as Comdisco and AT&T, which will round out the
management of the company and its continued success.
Leasing options are a key component of Sysix
“bundled” solutions offerings which combine infrastructure from leaders such as
Hewlett-Packard, IBM, Sun, EMC, Cisco and other leading technology partners.
This IT infrastructure combined with our consulting services and support
delivers a true “one-stop shop” solution. Sysix leasing solutions are designed
to facilitate the rapid and cost effective implementation of business solutions
and enable customers to reduce the total cost of ownership by minimizing upfront
purchase costs, freeing-up working capital and optimizing tax benefits. In
addition, Sysix leasing solutions can protect users from technology obsolescence
by allowing customers to add or upgrade equipment at anytime during the lease
term.
Leasing enables Sysix´s customers to afford the
technology they need to compete in their market space. Previously, mid-sized
companies were not targeted by traditional leasing organizations. Sysix
Financial helps these companies minimize upfront acquisition costs, conserve
working capital, acquire tax , overcome budget limitations and achieve
technology obsolescence protection.
Sysix is a partner of IBM (NYSE:
IBM); HP (NYSE: HPQ); Sun Microsystems (NASDAQ:SUNW), EMC² (NYSE: EMC); Cisco
(NASDAQ: CSCO); Oracle (NASDAQ: ORLC); F5 Networks (NSADAQ: FFIV); Hitachi Data
Systems and others. The Sysix brand is recognized nationally for providing
technology solutions to mid-market and Fortune 1000 organizations, with a strong
focus on vertical markets such as financial services, manufacturing, education,
health care, retail and a wide range of services organizations
About Sysix:
Sysix comprises: Sysix Technologies, Sysix
Consulting, and Sysix Financial. The company provides mission-critical business
technology solutions including hardware and software, consulting and financial
services. Headquartered in Chicago, Sysix also has offices in Atlanta, Boston,
Fort Worth, Los Angeles, Philadelphia, New York, Milwaukee, Phoenix and San
Francisco. The European headquarters of Sysix are in Frankfurt, Germany. For
more information, visit the Sysix Web site:
www.sysix.com.
Contact:
John Sheaffer or Lisa Kapka (Investor Relations)
630-230-9644
lisa.kapka@sysix.com
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