Textron Financial Corporation Provides
$16 Million Working Capital Facility to Micros-to Mainframes
Providence, RI - February 10,
2002 - The Technology Finance Division of Textron
Financial Corporation ("Textron Financial") announces it has
closed a $16 million working capital and inventory financing
facility with Micros-to-Mainframes, Inc. of Valley Cottage,
New York.
John C. Reed, Division President of Textron Financial's
Technology Finance Division states, "The activation of this credit
line with Micros-to-Mainframes solidifies Textron Financial as a
major provider of working capital solutions to the channel. We are
committed to the industry by providing prompt credit decisions and
excellent customer service to our customers. We are excited about
adding Micros-to-Mainframes as a Textron Financial customer. "
Steven H. Rothman, Micros-to-Mainframes' President
and CEO stated, "We are extremely pleased with the financing agreement
that we have established with Textron Financial. The combination
of both a working capital and a floorplanning facility is exactly
what we need to efficiently grow our business."
About Textron Financial
The Technology Finance Division of Textron Financial is headquartered in North
Wales, Pennsylvania, and specializes in inventory financing, accounts receivable
revolving loans, term loans and purchase order financing to the information
technology and telephony industries. The division has vendor agreements with
major manufacturers and distributors of computers, peripherals, and telephony
equipment. Textron Financial, a subsidiary of Textron Inc. (NYSE: TXT), is
a diversified commercial finance company with $9.1 billion in managed receivables
and twenty-two years of record earnings. It has core operations in four segments:
aircraft finance, revolving credit, specialty finance, and structured capital.
Textron Financial's other services and products include transaction syndication,
equipment appraisal and disposition, portfolio servicing, and insurance brokerage.
Additional information about the company is available at www.tfc.textron.com.
About Micros-to-Mainframes
Micros-to-Mainframes, Inc. (NASDAQ: MTMC), a leading provider of computer network
management, consulting, engineering, and support services located in metro
New York City. Micros-to-Mainframes is a premier provider of network analysis
and diagnostics, management, architecture, design, implementation and support
services, as well as technology acquisition and deployment workflow management
systems serving the New York Tri-State area since 1986. Micros-to-Mainframes'
practices in Network Analysis, Network & Systems Management, Internet Services,
IT Consulting, Data & Network Security, Network Infrastructure Engineering,
Integrated Communications, Technology Acquisition and Deployment, Process
Automation, and Enterprise LifeCycle Managed Services create a comprehensive
computer and communication services suite. The Company maintains sales, technology
labs, help desk, network management operation centers, training and service
facilities in New York and Connecticut. Micros-To-Mainframes is an authorized
reseller/partner and integrator for Microsoft, Compaq Computer, Cisco Systems,
Citrix, Lexmark, Hewlett Packard, Intel Corp, IBM, Dell Computer, and Novell.
For more information, visit www.mtm.com.
![[Textron Financial]](../images/tf_logo.gif){kind=logo}
