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Corporate Profile for eLease, dated April 28, 2000.


Business Editors

--(BUSINESS WIRE)

The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services.


Published Date:   April 28, 2000

Company Name:     eLease

Address:          501 Macara Avenue
                  Sunnyvale, Calif. 94088

Main Telephone
 Number:          408/990-7200

Internet Home
 Page Address
  (URL)           www.elease.com

Chief Executive
 Officer:         Ivan Wolkind

Chief Financial
 Officer:         Daniel Andrzejek, COO

Public Relations
 Contact:         Joe Graceffo
 Business number: 415/397-2686
 E-mail address:  graceffo@krc-pr.com

Industry:         online capital equipment leasing


Company Description: eLease is the global leader in online capital equipment leasing Equipment Leasing is a financing option to lease equipment for a certain amount of time. Leasing Benefits
  • Control secondary market, offer the ability to up-grade and trade-in.
  • Converts cash buyers of small machines to larger, more expensive purchases.
, ensuring B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G.

B2B - business to business
 customers a comprehensive, information-rich, neutral marketplace, while providing standard and custom solutions to lessees, lessors, and vendors. eLease offers unparalleled real-time comparison, selection and lease fulfillment ful·fill also ful·fil  
tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils
1. To bring into actuality; effect: fulfilled their promises.

2.
, and allows businesses to find the optimum lease that meets their specific needs. Founded in October 1999, eLease received $2.5M in an early-round of funding led by idealab!, an integrated incubator incubator, apparatus for the maintenance of controlled conditions in which eggs can be hatched artificially. Incubator houses with double walls of mud, a fireroom, and several compartments each holding about 6,000 hens' eggs were developed in ancient times; the  for identifying, creating and operating Internet businesses. eLease is the first company to offer businesses a choice of competitive leases, real-time decision-making and a fully automated au·to·mate  
v. au·to·mat·ed, au·to·mat·ing, au·to·mates

v.tr.
1. To convert to automatic operation: automate a factory.

2.
 leasing solution. The company is based in Sunnyvale, California Sunnyvale ([sʌniveil]) is a city in Santa Clara County, California, United States. It is one of the major cities that make up the Silicon Valley. As of the 2000 census, the city population was 131,760. . More information may be found at the company's web site: www.elease.com.
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Publication:Business Wire
Date:Apr 28, 2000
Words:221
Previous Article:Corporate Profile for Lenders Interactive Services, dated April 28, 2000.
Next Article:Corporate Profile for eVine.net, dated April 28, 2000.



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