- Forms private-label financing program with US Express Leasing -
- Provides competitive lease structures and personal service for AltiGen customers -
Fremont, CA – February 4, 2008 –AltiGen® Communications, Inc. (NASDAQ: ATGN), a leading provider of VoIP business phone systems and Unified Communications solutions for small-to-medium businesses (SMBs), including companies with multiple distributed locations, formed AltiGen Communications Finance (ACF) with US Express Leasing (USXL), based in Parsippany, NJ. Under the terms of the exclusive financing arrangement, USXL will provide monthly payment financing for AltiGen customers, and both companies will jointly market the new program. ACF offers innovative, flexible lease and financing options, making it easy for customers to acquire the full range of AltiGen products, including third-party networking and IT equipment, software and services. ACF will be operated and supported by USXL’s world-class lease processing systems and telecom finance team.Mike Plumer, vice president of sales for AltiGen Communications, commented, “Our resellers can now offer customers one point of contact to deliver a total solution: equipment, services, and financing in one package under the AltiGen brand. By providing this new financing avenue to our resellers, we are making it easier for small and medium businesses to purchase our high reliability VoIP phone systems and our comprehensive Standard and Premier Service Plans. USXL is a long time preferred leasing partner and this expanded relationship supports our ability to drive sales and substantially enhance our offerings. We will work closely with USXL to align our marketing efforts and maximize client satisfaction.”“As one of the fastest growing providers of leasing products to manufacturers and resellers of telephony products, USXL is proud to have the opportunity to expand our long relationship with AltiGen and help AltiGen’s resellers deliver a one-stop-shop solution to AltiGen’s VoIP customers,” said Patrick von Tscharner, Program Relationship Manager for USXL. “With our best-in-class lease processing capabilities, dedicated resources and in-depth expertise in the telephony marketplace, we are well positioned to support AltiGen in achieving its goals.”