MEDIA CONTACTS:

Ter Hui Peng
McGallen & Bolden PR
tel: +65-63246588
email

FOR IMMEDIATE RELEASE (For Singapore Only)

APC-MGE Establishes APC-MGE Financial Services to Increase Affordability of its Solutions and Services with Financing Programs

New Leasing Program Provides Additional Purchasing Options for APC-MGE Customers and Partner Network

Singapore, 26 February 2008 - APC-MGE, a global leader in critical power and cooling services, today announced the formation of APC-MGE Financial Services to provide worldwide financing and leasing capabilities to its customers. This new program gives APC-MGE customers additional flexibility and options to facilitate the purchase of its comprehensive solutions and services offering worldwide, including its energy-efficient power, cooling and IT management solutions for data centers.

"APC-MGE Financial Services responds to customer requests for additional assistance when making investments in our solutions and services," explained Dave Johnson, APC-MGE chief sales officer. "We are excited to provide our partners globally with flexible, industry leading financing options, including leasing programs. As our solution set and offering complexity expands, the need for financing assistance grows as well, particularly in vertical markets where needs are high but resources can be limited."

APC-MGE selected IBM Global Financing (IGF), the lending and leasing division of IBM, to provide worldwide leasing capabilities to customers through APC-MGE Financial Services.

Scott & White, the largest multi-specialty hospital practice in Texas has already signed on to the program. The hospital, which for the third straight year was named one of the Solucient 100 Top Hospitals in the country, has acquired APC-MGE technology through the program to further its innovation and growth agendas.

"The IBM and APC-MGE alliance gave us the flexibility to bring additional capacity into the data center while we remodeled and expanded our facility," said Scott & White data center manager William Roe. "The alliance helped address our needs, which were very specific."

Previously, IBM selected APC-MGE as a technology provider for the IBM Scalable Modular Data Center service product, a new solution that helps customers design an energy-efficient data center that can grow with the needs of the business. This financing offering will help large and small companies alike quickly access the working capital needed to deploy a pre-engineered 500 or 1,000 square foot data center in nearly any working environment, utilizing IBM Site and Facilities Services' capabilities and APC-MGE's InfraStruXureŽ data center architecture.

APC-MGE Financial Services is available for APC and MGE products and services globally. Customers interested in financing programs should contact APC-MGE sales representatives at 800-877-4080. IGF financing programs through APC-MGE are available globally immediately.


About APC-MGE
APC-MGE, a US$3 billion (2.4Euro billion) global provider of critical power and cooling services and a company of Schneider Electric, offers the industry's most comprehensive product and solution range for critical IT and process applications in industrial, enterprise, small and medium business and home environments. APC-MGE solutions include uninterruptible power supplies (UPS), precision cooling units, racks, and design and management software, including the industry's only integrated power, cooling, and management solution. Backed by the industry's broadest service organization and an industry leading R&D investment, APC-MGE's 12,000 employees help customers confront today's unprecedented power, cooling and management challenges. Schneider Electric, with 105,000 employees and operations in 190 countries, had 2006 annual sales of US$18 billion (Euro13.7) billion. For more information on APC-MGE, please visit www.APC-MGE.com.

About IBM Global Financing
IBM Global Financing (IGF), the financing business segment of IBM and the world's premier single-source provider for multi-vendor IT financing solutions, serves commercial clients ranging from small businesses to more than 90% of the Global Fortune 100. With assets of US$34 billion worldwide, IGF provides project financing, commercial financing and asset-recovery services to 125,000 clients in more than 50 countries. Additional information can be found at http://www-03.ibm.com/financing/us/.




Search engines:


APC site

Keyword terms for page: APC, American Power Conversion, MGE, Schneider Electric, APC-MGE, uninterruptible power supply, UPS, critical power, single-phase, three-phase, cooling systems, power systems, racks, power management, cooling management, PowerServices™, InfraStruXure®, etc.

| go to top |

Disclaimer: McGallen & Bolden cannot be held liable for any information issued on behalf of its client and any delay its receipt. Any appearance of information on our site does not constitute our endorsement of any of the clients, products or services. We will not be liable or held responsible for any subsequent publishing or distribution by third parties any of these information of clients.
Microwire.info, the visual identity and other related content, are trademarks of McGallen & Bolden Group.
Copyright© 2005-2008 McGallen & Bolden Group. All rights reserved. Legal Notice.