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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

    WEST KINGSTON, R.I., March 29 /PRNewswire/ -- 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 InfraStruXure(R) 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 $3 billion (euro 2.4 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 $18 billion (euro
13.7) billion. For more information on APC-MGE, please visit
http://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 $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/
    All trademarks are the property of their respective owners.

    For more information contact:
    APC:
    Chet Lasell, director, public relations - North America, 800-788-2208, ext.
    2693, chet.lasell@apcc.com

    IBM Global Financing
    Fred Clarke, IGF media relations manager, 914-765-6700 (office),
    914-715-5986 (cell), fredc@us.ibm.com


SOURCE APC-MGE




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Related links:
  • http://www.APC-MGE.com
  • http://www-03.ibm.com/financing/us/
  • http://www.prnewswire.com/comp/046187.html/
    CONTACT:
    Chet Lasell, director, public relations of
    APC - North America, +1-800-788-2208, ext. 2693,
    chet.lasell@apcc.com; or Fred Clarke, IBM Global Financing media
    relations manager, +1-914-765-6700 (office), +1-914-715-5986
    (cell), fredc@us.ibm.com