N※N

D-Link Systems, Inc.: D-Link Teams With GE to Offer Convenient Financing for Solution Providers

  //business-finance.news-articles.net/content/200 .. convenient-financing-for-solution-providers.html
  Published in Business and Finance on Monday, March 23rd 2009 at 4:05 GMT, Last Modified on 2009-03-23 04:06:34 by Market Wire
          ^{🞛 This publication is a summary or evaluation of another publication}

FOUNTAIN VALLEY, CA--(Marketwire - March 23, 2009) - As part of its ongoing efforts to help its channel partners navigate through today's economic struggles, D-Link and GE Capital's Commercial Distribution Finance business today announced a special financing plan designed to give solution providers and value-added resellers (VARs) more convenient options when purchasing D-Link® products and services.

The networking company is working with GE to extend its usual net 30-day payment terms to interest free net 60-days.

GE also is offering D-Link resellers large purchase order financing, 24/7 online account management, generous credit capacity and quick credit approval, accounts receivable financing options and access to its 30 years of distribution finance experience.

GE will extend solution provider repayment terms to 60 days for D-Link products purchased from one of D-Link's distribution partners financed by GE. The program is now available through Bell Micro, Ingram Micro, SYNNEX and Tech Data and will be available through other select distributors in the near future.

"We recognize how critical it is for us to help alleviate our resellers' budgetary concerns as they continue to offer our end-to-end networking solutions to government agencies, educational institutions, hospitality companies and businesses across the country," said Keith A. Karlsen, executive vice president of D-Link Systems, Inc. "In today's tough economy, we are committed to introducing programs such as this to better assist our channel partners as they compete in the field."

"GE is pleased to provide channel financing solutions for resellers of D-Link products," said Joe Wright, vice president of technology vendor development for GE Capital, Commercial Distribution Finance. "We recognize the value the distribution channel places on access to working capital through a broad array of vendor programs like this one from D-Link."

About GE Capital, Commercial Distribution Finance

GE Capital's Commercial Distribution Finance business is a leading financing provider to manufacturers and their distributors. Programs include inventory and accounts receivable financing, asset-based lending, private label financing, collateral management, e-commerce services and related financial products. Additional information can be found online at [ www.ge.com/cdf ].

GE Capital offers consumers and businesses around the globe an array of financial products and services. GE (NYSE: [ GE ]) is Imagination at Work - a diversified technology, media and financial services company focused on solving some of the world's toughest problems. For more information, visit the company's Web site at [ www.ge.com ].

About D-Link

D-Link is the global leader in connectivity for small, medium and large enterprise business networking. The company is an award-winning designer, developer and manufacturer of networking, broadband, digital electronics, voice, data and video communications solutions for the digital home, Small Office/Home Office (SOHO), Small to Medium Business (SMB), and Workgroup to Enterprise environments. With millions of networking and connectivity products manufactured and shipped, D-Link is a dominant market participant and price/performance leader in the networking and communications market. D-Link Systems, Inc. headquarters are located at 17595 Mt. Herrmann Street, Fountain Valley, Calif., 92708. Phone (800) 326-1688 or (714) 885-6000; FAX (866) 743-4905; Internet [ www.dlink.com ].

D-Link and the D-Link logo are trademarks or registered trademarks of D-Link Corporation or its subsidiaries in the United States and other countries. All other third party marks mentioned herein may be trademarks of their respective owners. Copyright © 2009. D-Link Corporation/D-Link Systems, Inc. All Rights Reserved.