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Microlease Expands Global Reach and Drives 53% Annual Growth in International Sales
Harrow, UK: 16 September 2013: Highlighting its strong focus on international expansion, Microlease, the leading test equipment rental and asset management organisation, has announced international sales growth of more than 53% per annum achieved over the past two years. This dynamic growth resulted in the company making the top half of the Sunday Times HSBC International Track 200 league table for the second year in a row.
In line with it, Microlease’s portfolio of test and measurement equipment continues to expand. It now boasts a global inventory of 6,000 product lines, incorporating a total of 30,000 instruments which it ships to over 85 countries. The full range is showcased on a fully updated, new-look website, just launched by Microlease, which enables users to quickly and easily search for equipment, learn about Microlease services and make follow-up enquiries.
At the same time, the company is focused on developing its expertise outside its core rental services, new sales and refurbished sales markets into new asset management markets. The effective management of test equipment assets to increase operational and financial control is a fast growing need. Microlease is strengthening its position in this area, having signed a number of new customer contracts and introduced a new streamlined service offering.
Further underlining its growing strength as an international brand, Microlease has also announced the opening of a new Asia-Pacific office in Penang, Malaysia, to be staffed initially by a team of eight and focusing on customer service, logistics and technical support. Microlease believes its comprehensive test and measurement solutions offering to a broad range of markets from semiconductors to telecoms to aerospace and defence will drive competitive advantage over its rivals in the region.
“While conditions across our core markets remain tough, Microlease has continued to develop its range and reach,” says George Acris, director of marketing at Microlease Europe. “Our presence in the upper reaches of the International Track 200 league table and our expansion in the Asia-Pacific region is testament to the appeal of our solutions and services in markets across the world. ”Microlease’s customer base is also growing fast. It serves key players across a range of industry sectors, working with a broad range of organisations and adding a total of 25,000 new contacts to the database over the last year.
In addition, the company continues to strengthen relationships with the major test equipment manufacturers to offer equipment in innovative ways. It recently became the Premium Distributor for leading measurement company, Agilent in Italy in addition to being Authorized Technology Partner, thereby further extending its local reach and coverage.
About Microlease
Founded in 1979, Microlease is one of the largest test and measurement rental companies in the world. With operations throughout North America, Europe, and Asia, Microlease services customers in over 85 countries globally. Microlease provides equipment from leading manufacturers, including Agilent Technologies, Tektronix, Anritsu, JDSU, Rohde & Schwarz and Keithley, among others. With a strong customer base that includes Intel, Raytheon, Cisco, Apple and Western Digital, among many others, Microlease provides a range of solutions to help organizations obtain and use equipment, including rental, leasing, sale and buy-back of a wide range of test and measurement equipment as well as support services from calibration to full asset management. The services Microlease provides allow customers to minimize the costs of acquiring equipment, optimize its use, and maximize return at end of life without stretching capital expenditure. For more information, please visit www.microlease.com.
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