[September 02, 2014]

Microlease Unveils Certified Pre-Owned Program

Microlease, Inc. today announced the launch of Microlease Certified Pre-Owned, a comprehensive program to address growing customer demand for quality test instruments with guarantees and calibration. Microlease Certified Pre-Owned will include instruments from leading manufacturers including Keysight Technologies (formerly Agilent Technologies), Tektronix, JDSU, Anritsu, Rohde & Schwarz (News - Alert), and Keithley, among others.

"Microlease Certified Pre-Owned is central to our mission to help customers acquire, use and dispose of their test assets with maximum financial efficiency," says George Acris, Director of Marketing, Europe at Microlease. "Through this program, Microlease selects, refurbishes and guarantees quality instruments, sourced from our rental fleet as well as the growing number of blue-chip companies whose test assets we manage. A small number of quality instruments that we have taken in part exchange are also included. The Microlease Certified Pre-Owned program creates the opportunity for sellers to realize a return on surplus equipment and for buyers to acquire instruments at a reduced cost."

He continued, "Microlease Certified Pre-Owned is one of the industry's most comprehensive test instrument re-ownership program in terms of its breadth and scope. For buyers, this creates a much broader and deeper range of quality used instruments to select from and delivers a risk-free financial saving. By going beyond resale of surplus rental instruments, Microlease is also delivering an effort-free financial return for our asset management cusomers with surplus equipment. Microlease Certified Pre-Owned represents a significant expansion of our used channel, which will become a much more significant part of our business alongside our rental and new sales channels. Each Certified Pre-Owned instrument carries a comprehensive Microlease warranty, ensuring quality, reliability, and customer confidence."

Instruments accepted into the Microlease Certified Pre-Owned program are inspected and refurbished according to a 23-step certification program. All instruments undergo electrical and functional tests, validation and full refurbishment. This includes updating firmware and other software, a full internal and external clean and rectifying cosmetic issues such as damaged controls and feet. Prior to shipment the instrument is calibrated and configured to order. This includes adding options and accessories to suit the receiving customer and where possible configuring the user interface language and time zone set to the destination country. Instruments are supplied with all the standard accessories originally included by the manufacturer, including any leads, manuals and disks, as well as the correct power lead for the destination country where applicable.

Microlease was presented with the highly prestigious Company of the Year award for Best Practice in Global Test and Measurement Rental and Leasing Services at Frost & Sullivan's (News - Alert) annual Growth, Innovation and Leadership awards ceremony in London in May 2014.

About Microlease

Microlease is the market leader in electronic test equipment offering a range of solutions to help organizations globally use test equipment efficiently. Its services help minimize the costs of acquiring test equipment, optimize its use and maximize return at end of life without stretching capital expenditure and include rental, leasing, sale and buy-back as well as calibration and full asset management. Microlease supports its global customer base with 30,000 test equipment assets worth over $430 million. A team of 240 specialists serves Microlease customers in 85 countries from offices across Europe, the US and Asia. Microlease currently provides equipment from leading manufacturers, including Keysight Technologies (formerly Agilent Technologies), Tektronix (News - Alert), Anritsu, JDSU, Rohde & Schwarz and Keithley. For more information, please visit www.microlease.com

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