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Presidio Technology Capital Provides Leasing and Financing Customers Access to Minority Business Enterprise (MBE) Funding

2008-08-14 04:00:00

     Move enables customers seeking new IT infrastructure to thrive by

                    supporting minority-owned businesses

    NORCROSS, Ga., Aug. 14 /EMWNews/ -- Presidio Technology

Capital, the financial solutions subsidiary of Presidio, Inc., has

announced that it now provides customers the option of leasing with a

Minority Business Enterprise (MBE) funding source. Presidio Technology

Capital will offer the MBE funding through a relationship with Specie

Capital of Johnston, Iowa. The nationally approved MBE designation helps

government, educational and healthcare organizations, as well as

corporations, to identify minority businesses that can help them meet their

charters to support such diverse businesses.

    "We are pleased to offer our customers this alternative when they seek

financing for their IT and communications infrastructures," said Bob

Necessary, President of Presidio Technology Capital. "Offering funding

through Specie Capital demonstrates that we support minority-owned

enterprises, a must in today's diverse business environments."

    According to Desmund Adams, President of Specie Capital, each company

brings its own strengths to the relationship. "Specie Capital is excited

for the opportunity to work with Presidio Technology Capital. Presidio

Technology Capital is a recognized leader in technology financing. They are

a solid company that understands the importance of diversity. Their

commitment to supporting diversity in their community and with their

customers will allow our relationship to grow."

    Presidio Technology Capital focuses exclusively on information

technology leasing and financing, and has deep domain expertise and

understanding of technology lifecycles. It offers midsize to large

enterprises the advantages inherent in leasing network equipment and

associated services, and in financing solutions encompassing IT

infrastructure and managed outsourcing, both of which are offered by

Presidio Networked Solutions.

    Many large companies have internal supplier diversity initiatives as a

part of their corporate governance. These initiatives are often tied to

annual expenditure percentages. In addition, corporations, healthcare firms

and universities are often mandated to implement diversity initiatives as

part of their government contracts. However, many of these organizations

report challenges in meeting these goals. Presidio Technology Capital's new

offering provides an immediate and significant means to impact diversity

spending goals.

    Firms who attain MBE certification must pass a rigorous approval

process and undergo an investigation by MBE agents, which examines a

company's operations, management and finances. Firms must also demonstrate

proof of past contracts, as evidence of expertise, strong business

operations and effective management decisions.

    More information about Presidio Technology Capital and its offerings

can be found at

    About Presidio, Inc.

    Presidio, Inc., a diversified provider of information technology

infrastructure and services, operates through three subsidiaries: Presidio

Networked Solutions, Atlantix Global Systems, and Presidio Technology

Capital. Presidio Networked Solutions addresses the complete technology

lifecycle -- plan, design, integrate, operate and optimize -- for the

enterprise, commercial and government markets. Atlantix Global Systems

combines hardware and services to help provide more than 10,000 customers

with a full lifecycle management process that enables customers to save

time and maximize ROI. Presidio Technology Capital is the nation's premier

IT infrastructure leasing company, providing flexible financing and leasing

solutions for its customers.

    More information about Specie Capital and its offerings can be found at

    About Specie Capital, LLC

    Specie Capital is a nationally certified Minority Business Enterprise

(MBE). Specie delivers national service capabilities for customers seeking

expansion, strategic growth, improved productivity, or equipment upgrades.

Specie Capital provides seamless access to financing that supports business

needs and leases of any size. Whether it's a simple or complex lease

agreement, we can provide the right financing arrangement to match the type

of assets and length of use with a competitive market rate. Specie Capital

serves our clients with professional, premier sales support. Our

personalized account management ensures each financing arrangement is

customized to the goals of the organization. Customers of Specie Capital

can expect a keen business assessment, long-term solutions, timely

responses and quality service.

    Specie Capital is a registered trademark of Specie Capital, LLC.

Presidio, Presidio Networked Solutions and Presidio Technology Capital are

trademarks or registered trademarks of Presidio, Inc.

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