Microlease Expands Service Offerings and Scalability of Operations with New Site

Raleigh, NC - April 2, 2014: Microlease Inc., the leading global test equipment management company, announced today it has expanded into a new state-of-the-art distribution and logistics facility which will increase the scalability of its global operations. The new facility is located within the Globe Center Complex in Morrisville, North Carolina, adjacent to the Raleigh-Durham (RDU) International Airport. Additionally, through a corporate arrangement with a world-renowned, in-sourced service partner, Microlease has expanded its service, repair, and calibration capabilities to include enhanced calibration standards such as ANSI Z540-1 and ISO/IEC 17025. "This expansion of operational capability and scalability dramatically improves our service levels to customers," says Michael Clark, Microlease Chief Executive Officer in the Americas. "This move allows us to expedite repair times, increase product quality and availability, and ship equipment to customers faster than ever. It also enables us to further grow our business with customers who require equipment to meet more stringent calibration standards." "Our new expanded facilities establish us as the leading test equipment rental, leasing, and asset management business in the Americas," adds Clark. “With a warehouse four times the size of our previous facilities and a prime location next to the RDU Airport, we are excited to offer greater product availability and faster delivery, which translates into lower costs and faster times to market for our customers.” The address for the new North Carolina facility is: Microlease, Inc. 9221 Globe Center Drive, Suite 105 Morrisville, NC 27560, USA T: (919) 443-4000 | F: (919) 443-4001 Microlease also has a substantial operation in California’s Silicon Valley and will continue to provide West Coast customers with the same trusted service and local support it has delivered for decades. Individual contact information including phone numbers and email addresses remain the same. Microlease was recently selected by Agilent Technologies as a Premier Rental Partner for North America ; the company was already a Premier Rental Partner for Europe and Asia. Microlease was also recently awarded the 2013 Global Company of the Year Award in Test and Measurement Rental and Leasing Services by leading research organization Frost & Sullivan. About Microlease Microlease is the market leader in electronic test equipment, offering a range of solutions to help organisations globally use test equipment efficiently. Its services help minimise the costs of acquiring test equipment, optimise its use and maximise return at end of life without stretching capital expenditure, and include rental, leasing, sale of new and used equipment and buy-back as well as full asset management. Microlease supports its global customer base with over 30,000 test equipment assets worth over $430 million. A team of 240 specialists serves Microlease customers in 85 countries from offices across Europe, the US and Asia. Microlease currently provides equipment from leading manufacturers, including Anritsu, JDSU, Keithley, Keysight Technologies, Rohde & Schwarz and Tektronix. For more information visit www.microlease.com Missy Pentney, Microlease plc, Unit 1, Waverley Industrial Park, Hailsham Drive, Harrow, Middlesex HA1 4TR, United Kingdom. Tel: +44 (0) 20 84 200 200 Media Contact: Nicki Langley Neesham PR Tel: 01622 431757 Email: nickil@neesham.co.uk