SMC's Introduces Industry's First Comprehensive Leasing Program

IRVINE, CA June 10, 2004 -- SMC® Networks (www.smc.com), leading provider of networking solutions for the SMB/e and all the way home, today announced that it is offering its channel partners a new opportunity to succeed: the SMC Elite Leasing program. The most comprehensive of its kind in the industry, SMC's new leasing program lets customers reduce up-front costs by leasing networking hardware, software, installation and even warranties.

"We initiated SMC Elite Leasing to give our reseller partners yet another way to give customers what they need," said Tom Rizol, SMC's General Manager, North America. "Tight budgets are the norm these days, and SMC Elite Leasing helps resellers and end-customers overcome budgetary constraints to install the right network, right now."

This newest enhancement to SMC's award-winning ElitePartner program allows SMC's partner resellers to offer customers in North America lease financing for any amount of equipment, software or service from $5000 to $100,000 with submission of a simple one-page application. Quick turnaround means that most applications can be approved in just one day, and payments to resellers are transferred directly to the reseller's bank account on the same day that receipt of equipment and services is confirmed with the customer. SMC ElitePartners get their customers the equipment they need, when they need it, with no credit risk and no credit card transaction fees. The program even offers a "Master Lease" that the customer can set up for purchases throughout the year.

Recognized by VARBusiness magazine with a Five Star rating, SMC's ElitePartner program is one of the industry's best reseller programs; and with the addition of the SMC Elite Leasing program, it's now even better. For more information about the SMC Elite Leasing program, visit www.smcleasing.com, or call SMC Leasing at 888-836-3303; to join SMC's ElitePartner program, call 800-SMC-4You.

About SMC Networks
A leading provider of networking solutions for the SMB/e and all the way home, SMC puts its more than 30 years' experience to work for every product and solution the company produces. Leveraging strong industry relationships in combination with experienced and talented in-house design and engineering, SMC continues to bring to market a host of affordable, high-performance products. Headquartered in Irvine, California, U.S.A, SMC Networks supports its worldwide market through regional offices located throughout the United States and 20 other countries. For more information about SMC Networks or its products, visit www.smc.com, or call 800-SMC-4You (800-762-4968).





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