
Sysix Secures Two
Key Banking Relations
Sysix puts in place two new lines of credit
with LaSalle Bank N.A. and Comerica which will support the company's growth and
expansion.
Chicago, IL USA FRANKFURT am Main, Germany
– September 4, 2007
Sysix Solutions Inc., a global technology
provider, announced today that they have finalized an agreement with LaSalle
Bank to provide a full-service credit line for its leasing subsidiary Sysix
Financial, LLC. In addition, the company also renewed through 2008 a $20M
revolving line of credit with Comerica Bank to support its global reselling and
consulting business. The additional financial flexibility that both of these
banking relationships will support new business development initiatives around
leasing solutions and supplying clients technology products from leading
manufacturers. Furthermore, these new lines of credit will provide a foundation
for Sysix to offer additional financial creativity around complex solutions for
it’s customers as they deploy leading-edge technology.
Sysix Solutions, Inc. has worked diligently to expand banking relationships as
it continues its business strategy and global expansion plans. With the recent
addition of LaSalle Bank to support leasing activities and the continuing 7-year
relationship with Comerica, Sysix continues to demonstrate by its growth, the
confidence of major lending institutions to support its business model. Sysix
continues to post double-digit revenue growth as the company enhances its
service offerings of hardware, software, consulting and financial solutions in
key areas such as servers, storage, security, virtualization, and disaster
recovery.
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. Sysix
Solutions, Inc. is a partner of IBM (NYSE:IBM); HP (NYSE: HPQ); Sun
Microsystems (NASDAQ:SUNW), EMC (NYSE: EMC); Cisco (NASDAQ: CSCO);
Oracle (NASDAQ: ORCL); F5 Networks (NASDAQ: FFIV); Hitachi Data Systems
and others. Headquartered in Chicago, Sysix also has offices in Atlanta,
Boston, Los Angeles, Philadelphia, New York, Milwaukee, Phoenix and San
Francisco. Sysix international headquarters are in Frankfurt/Main, Germany. For
more information, visit the Sysix Web site: www.sysix.com.
About LaSalle Bank:
LaSalle Bank N.A. is the largest bank headquartered in
Chicago, with USD 72.9 billion in assets and USD 43.7 billion in deposits.
LaSalle Bank serves individuals, small businesses, middle-market companies and
institutions through 135 retail locations and 450 ATMs in Chicago and its
suburbs, and online at
lasallebank.com.
About Comerica:
Comerica Incorporated (NYSE: CMA) is a financial services
company strategically aligned by three business segments: The Business Bank, The
Retail Bank, and Wealth & Institutional Management. Comerica focuses on
relationships and helping businesses and people to be successful.
Contact:
John Sheaffer or Lisa Kapka (Investor Relations)
630-230-9644
lisa.kapka@sysix.com
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