| | Business Summary | | Leasing
Solutions,
Inc.
specializes
in
leasing
information
processing
and
communications
equipment,
principally
to
large,
creditworthy
customers,
both
U.S.
and
foreign,
in
a
variety
of
industries.
The
Company's
leasing
activities
have
been
conducted
primarily
through
vendor
programs
and
strategic
alliances
with
equipment
manufacturers,
value-added
resellers
and
systems
integrators.
The
information
processing
and
communications
equipment
the
Company
has
purchased
for
lease
includes
communication
controllers,
database
machines,
desktop
and
laptop
computers,
display
stations,
file
servers,
printers,
tape
and
disk
products,
network
routers
and
automatic
switches.
To
date,
the
Company
has
in
place
more
than
800
master
lease
agreements
with
corporate
customers. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | LSNS
specializes
in
leasing
information
processing
and
communications
equipment,
principaly
to
large,
creditworthy
customers,
both
U.S.
and
foreign,
through
vendor
programs
with
equipment
manufacturers.
For
the
fiscal
year
ended
12/31/98,
total
revenues
rose
33%
to
$299.7
million.
Net
loss
totalled
$56.1
million
vs.
income
of
$13.1
million.
Results
reflect
an
increase
in
operating
lease
revenues,
offset
by
the
inclusion
of
a
$18.1
million
impairment
expense
and
a
$15.8
million
inventory
write-down
charge. | | More
from
Market Guide: Significant
Developments |
| | Officers | | | FY1997 Pay | |
| Hal Krauter, 60
Pres,
CEO | $558K | Robert Kearns III, 57
Exec.
VP and COO | -- | Steven Yeffa, 40
VP
- Fin., CFO | -- | Terence Murphy, 37
VP,
Controller, Treasurer and CAO | -- | Lisa Zane, 34
VP
- HR and Admin. | -- | | Dollar amounts are as of 31-Dec-1997 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
