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Article #704

Two Additional LeaseWorks Services

#704
From: Customer Update
Date: Mon, 01 Aug 1994 16:44
46 lines
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Two Additional LeaseWorks Services

HIGHLIGHTS

o  LeaseWorks/Equity Upgrade Option and LeaseWorks/SLG Upgrade Option are
   the latest additions to Digital's LeaseWorks suite of services

SERVICE DESCRIPTION

LeaseWorks is a suite of flexible technology acquisition programs designed
to deliver investment protection, more flexible acquisition and financing
strategies, and tools to Digital users to lower costs amidst today's
evolving operating systems and architectures.

LeaseWorks/TP Options and LeaseWorks/AlphaBridge Option were the first two
products in the technology acquisition suite. LeaseWorks/Equity Upgrade
Option and LeaseWorks/SLG Upgrade Option are the second set of services
being introduced under the LeaseWorks program:

o  LeaseWorks/Equity Upgrade Option is designed for commercial users that
   finance their equipment acquisitions, providing them with the flexibility
   to upgrade their equipment during the lease term, to receive equity
   credits on payments made, and to trade in older technology.

o  LeaseWorks/SLG Upgrade Option is designed for local governments
   (municipalities, cities, counties, states, and so on) that lease their
   equipment acquisitions, providing them with a predetermined upgrade path
   to new technology and the opportunity to trade-in older technology.

Both services let users substitute and upgrade equipment and facilitate
implementation of newer technology as their needs change.

BENEFITS

The Equity Upgrade Option and SLG Upgrade Option provide a series of
benefits to users acquiring Alpha AXP, VAX or desktop solutions:

o  The flexibility to upgrade equipment during the course of the lease term.
o  Predetermined financial credits for payments made.
o  The ability to right-size the leased equipment configuration.

AVAILABILITY AND ORDERING

The Equity Upgrade Option and SLG Upgrade Option, along with the TP Options
and AlphaBridge Option, are available now through local Digital sales
offices and Digital's business partners.
Technical Details
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From: gail.dyer@mro.mts.dec.com (Customer Update)
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Approved: rjones@pa.dec.com
Organization: Digital Equipment Corporation
Subject: Two Additional LeaseWorks Services
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