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APC by Schneider Electric Financial Services Opens the Door to High Efficiency Data Centre Solutions as Capital Budgets Tighten

Leasing programme enables data centre infrastructure upgrades to be funded from opex rather than capex budgets. Finance packages also available to APC by Schneider Electric customers through its partner network

LONDON, England, February 5th 2009 – “Being able to invest in physical infrastructure to improve facility efficiency and lower operating costs need not present a problem to datacentre owners and operators despite the prevailing economic climate,” said Paul Tyrer, VP UK and Ireland, APC by Schneider Electric, a global leader in critical power and cooling services.

Speaking about the company’s financing and leasing capabilities, Tyrer said “APC by Schneider Electric Financial Services is a worldwide programme which gives our customers a range of financing options for our comprehensive data centre infrastructure solutions and services offering, including energy-efficient power and cooling equipment and management software. Using opex to finance data centre upgrades make sense since correct implementation of APC solutions can have a significant effect in reducing operating costs such as energy, service and maintenance bills”.

“The Financial Services programme is a response to customer requests for alternative finance methods for investing in our solutions and services,” said Tyrer “Our range of flexible, industry leading financial solutions, including leasing, is available to end customers directly and via our partner channel. As our solution set and offering complexity expands, the need for financing assistance grows as well, particularly in current markets where investment is constrained by the availability of capital.”

APC by Schneider Electric is partnered with IBM Global Financing (IGF), the lending and leasing division of IBM, to provide worldwide leasing capabilities through the company’s Financial Services Programme.

Companies interested in financing programmes should contact APC in the UK on 0800 2799254.

APC Partners should contact their relationship manager at APC for more details regarding finance options.

For all other information, please visit www.apc.com/gb.

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About APC

APC by Schneider Electric, a global leader in critical power and cooling services, provides industry leading product, software and systems for home, office, data center and factory floor applications. Backed by the strength, experience, and wide network of Schneider Electric’s Critical Power & Cooling Services, APC delivers well planned, flawlessly installed and maintained solutions throughout their lifecycle. Through its unparalleled commitment to innovation, APC delivers pioneering, energy efficient solutions for critical technology and industrial applications. In 2007, Schneider Electric acquired APC and combined it with MGE UPS Systems to form Schneider Electric’s Critical Power & Cooling Services Business Unit, which recorded 2007 revenue of $3.5 billion (€2.4 billion) and employed 12,000 people worldwide. APC solutions include uninterruptible power supplies (UPS), precision cooling units, racks, physical security and design and management software, including APC's InfraStruXure® architecture the industry’s most comprehensive integrated power, cooling, and management solution. Schneider Electric, with 120,000 employees and operations in 102 countries, had 2007 annual sales of $25 billion (€17.3 billion).

About IBM Global Financing

IBM Global Financing (IGF), the financing business segment of IBM and the world's premier single-source provider for multi-vendor IT financing solutions, serves commercial clients ranging from small businesses to more than 90% of the Global Fortune 100. With assets of $34 billion worldwide, IGF provides project financing, commercial financing and asset-recovery services to 125,000 clients in more than 50 countries.

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For more information contact:

Anju Birdy
Marketing Manager UK & Ireland
APC -MGE
Tel: +44 (0) 118 903 7800
Email: Anju.Birdy@apcc.com
Web: www.apc.com/gb

Press enquiries:

Damien Wells
Director
SPA Communications
Tel: +44 (0)7900 302102
Email: dwells@spacomms.co.uk
Web: www.spacomms.co.uk


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