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MicroFinancial Named to the Boston Globe 100 for the 3rd Consecutive Year

^{Published on 2010-05-18 08:30:23 - Market Wire}
 

WOBURN, Mass.--([ BUSINESS WIRE ])--MicroFinancial Incorporated (NASDAQ: MFI), a financial intermediary specializing in vendor based leasing and finance programs for micro-ticket transactions, announced today that it has been named to the Boston Globe Top 100 publicly traded companies in Massachusetts. This is the 3^rd consecutive year that MicroFinancial has been recognized for its financial performance.

"In such a difficult economic time where only 82 companies met the profitability criteria we are extremely pleased that our companya™s financial performance has remained strong"

The report published in the Boston Globea™s May 18, 2010 edition ranks public companies in Massachusetts based on four financial criteria: return on average equity, one year percentage change in revenue, one year percentage change in profit margin and 2009 revenue.

MicroFinancial was listed in 3 different categories: 29^th on the Growth 50 list, 11^th for financial companies, and 62^nd on the overall composite list. MicroFinancial had return on average equity of 6.3%, one year percentage change in revenue of 16.8%, and revenue of $46.2 million. aIn such a difficult economic time where only 82 companies met the profitability criteria we are extremely pleased that our companya™s financial performance has remained strong,a said Richard F. Latour, CEO of MicroFinancial.

About MicroFinancial

MicroFinancial Inc. (NASDAQ: MFI) is a financial intermediary specializing in micro-ticket leasing and financing. MicroFinancial has been operating since 1986, and is headquartered in Woburn, Massachusetts. For more information, visit [ www.microfinancial.com ].

Statements in this release that are not historical facts, including statements about future dividends and growth plans, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In addition, words such as "believes," "anticipates," "expects," "views," and similar expressions are intended to identify forward-looking statements. The Company cautions that a number of important factors could cause actual results to differ materially from those expressed in any forward-looking statements made by or on behalf of the Company. Readers should not place undue reliance on forward-looking statements, which reflect the management's view only as of the date hereof. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances. The Company cannot assure that it will be able to anticipate or respond timely to changes which could adversely affect its operating results in one or more fiscal quarters. Results of operations in any past period should not be considered indicative of results to be expected in future periods. Fluctuations in operating results may result in fluctuations in the price of the Company's common stock. For a more complete description of the prominent risks and uncertainties inherent in the Company's business, see the risk factors described in documents the Company files from time to time with the Securities and Exchange Commission.