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Technology Stocks : Osicom(FIBR) -- Ignore unavailable to you. Want to Upgrade?

To: Ploni who wrote (8357)	9/28/1998 9:34:00 AM
From: Elliott Dunwody	Respond to of 10479

SAN JOSE, Calif.--(BUSINESS WIRE)--Sept. 28, 1998--ISPCon '98--Osicom Technologies, Inc. FIBR , today launched its Reseller Financing Program. This new package, under the umbrella of Osicom Finance LLC - a partnership between Osicom Technologies and Transamerica Vendor Finance - will help Osicom resellers and VARs grow their businesses by providing them with creative financing options. The new program is designed to support Osicom resellers in their sales efforts by providing credit terms to their customers while streamlining approvals and reducing wait time. This allows resellers to focus on high growth markets that have limited access to capital, such as regional and local Internet Service Providers (ISPs). Specifics of the new program include: -- A range of supported products and pricing, from less than $1,000 to $10M (e.g. from a few print servers to the company's "best value" rated remote access server to full campus-wide Metro DWDM systems); -- aggressive leasing targeted to assist start-ups with competitive lease financing rates; -- a simplified process and 3-business day approval for applications under $75,000; greater flexibility in terms