Press Releases

Jan 20, 2009

Extreme Networks Announces Customer Financing Program Through LEAF Financial for U.S. Channel Partners

SANTA CLARA, CA, Jan 20, 2009 (MARKET WIRE via COMTEX News Network) -- Extreme Networks, Inc. (NASDAQ: EXTR) today announced that it has launched a customer financing and leasing program through LEAF Financial Corporation. The program provides U.S. Channel Partners who purchase from Extreme Networks distributors with the ability to acquire a wide array of flexible financing options when purchasing Extreme Networks(R) Ethernet network solutions.

LEAF Financial Corporation will offer Extreme Networks channel partners a full line of lease, loan and variable payment plans to extend to their customers. This provides customers with financing solutions that help maximize their purchasing power, to assist them in more easily meeting their cash flow requirements and to fit their technology procurement practices.

"In today's environment it is beneficial that our channel partners have solid and flexible financing choices to extend to their customers and this is now available with this financing program," said Christopher Rajiah, director of Extreme Networks North American Channel Partner Program. "Extreme Networks selected LEAF Financial Corporation due to its in-depth understanding of the technology marketplace and its extensive background of building manufacturer sponsored programs."

In the program, LEAF Financial will offer dedicated sales support for channel partners and end-user customers, a centralized operation, and ongoing support with a dedicated customer hotline. To find out more information about this program, please call 800-884-0961.

About LEAF Financial Corporation

LEAF Financial Corporation is a commercial finance and asset management company headquartered in Philadelphia, PA. LEAF's business model is to originate small to middle ticket equipment leases and loans in a variety of asset classes through five strategic business units. After origination, LEAF manages the leases for its own account, institutions, and individual investors through investment partnerships and other investment vehicles. For more information, visit: http://leaf-financial.com

About Extreme Networks, Inc.

Extreme Networks provides converged Ethernet networks that support data, voice and video for enterprises and service providers. The company's network solutions feature high performance and high availability switching that deliver insight and control enabling customers to solve their real-world business communications challenges. Operating in more than 50 countries, Extreme Networks provides wired and wireless secure LANs, data center infrastructure and Service Provider Ethernet transport solutions that are complemented by global, 24x7 service and support. For more information, visit: http://www.extremenetworks.com

Extreme Networks is a registered trademark of Extreme Networks, Inc. in the United States and other countries.

For more information, contact:
Extreme Networks Public Relations
Greg Cross
408 579 3483
Email Contact


SOURCE: Extreme Networks, Inc.

http://www2.marketwire.com/mw/emailprcntct?id=54C9CC2BE460DEF0

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