Leasing Solutions Partners With Peregrine Systems to Provide Comprehensive Asset Management Solutions.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Feb. 12, 1998--Leasing Solutions, Inc. (NYSE NYSE See: New York Stock Exchange :LSN LSN Learning and Skills Network (UK) LSN Log Sequence Number LSN Large Scale Networking LSN Legal Services Network (American Association of Retired Persons) LSN Logical Sector Numbers LSN Leukosialin ), a leading lessor of information processing information processing: see data processing. information processing Acquisition, recording, organization, retrieval, display, and dissemination of information. Today the term usually refers to computer-based operations. and communications equipment, announced today that it has entered into a strategic alliance with Peregrine Systems  This article about a company does not make it clear whether the subject meets the Wikipedia criteria for . , Inc. (NASDAQ NASDAQin full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :PRGN), formerly Apsylog, Inc., to provide Leasing Solutions' customers with lifecycle asset management solutions for their information systems technology requirements. Leasing Solutions selected Apsylog based on the breadth, flexibility and the large customer installed base of its flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , AssetCenter. AssetCenter is a comprehensive decision support system that manages the entire IT asset life-cycle, from asset acquisition, through asset deployment and tracking, to asset retirement. "Apsylog's end-to-end asset management software product offering, coupled with its worldwide installed base, provides our customers, and particularly our large, global enterprise customers, a superior solution for their total equipment lifecycle planning requirements," said D. Jay DiMarco, Leasing Solutions' Vice President of Marketing and Business Development. "We are pleased to have entered into our strategic alliance with Leasing Solutions, providing IT asset management solutions for clients around the world," said Cindy Tilton, Director of Business Development. About Peregrine Systems Peregrine Systems is a leading provider of enterprise service desk and asset management solutions to the worldwide market. Peregrine's vision for its enterprise customers is to enable the logical evolution of two management disciplines -- the Consolidated Service Desk so critical to operations management Operations management is an area of business that is concerned with the production of goods and services, and involves the responsibility of ensuring that business operations are efficient and effective. , and the Enterprise Asset Management discipline so essential to profitable management of corporate resources. A true Infrastructure Management perspective unites these unique disciplines through common shared data, leading to a common understanding of the impact of events and change upon the investment decisions of a company. Founded in 1981, Peregrine Systems has offices in San Diego, Calif.; San Ramon, Calif.; Houston, Texas; the UK; France; Germany; Denmark; and the Netherlands. About Leasing Solutions Leasing Solutions is a full-service global leasing company that specializes in leasing information processing and communications equipment, principally to large, corporate customers. Most leases written by the company qualify as operating leases. Leasing Solutions has purchased over $1.250 billion of equipment, representing over 300,000 assets, and services over 700 customers. Based in San Jose, the company maintains regional leasing offices in the Atlanta, Boston, Chicago, Dallas, Los Angeles, New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. and San Jose metropolitan areas, as well as in Canada, the United Kingdom, Belgium, France, Germany, and the Netherlands. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements contained in this release which are not historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties, including, without limitation, demand and competition for the company's lease financing services and the products to be leased by the company, the continued availability to the company of adequate financing to support its global expansion and activities, risks and uncertainties of doing business in Europe, Canada and other foreign countries, the ability of the company to recover its investment in equipment through remarketing, the ability of the company to enter into new strategic relationships and extend existing strategic relationships, the performance of its strategic partners, the ability of the company to manage its growth, and other risks and uncertainties detailed in the company's Securities and Exchange Commission filings. CONTACT: Leasing Solutions, Inc. Steven L. Yeffa or Shannon Wagner, 408/995-6565 |
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