Hosting News
Rackable Systems Launches Data Center Leasing Program
2008-12-16
Rackable Equipment Leasing Will Provide Flexible Financing for Companys
Popular Server and Storage Solutions
FREMONT, Calif., December 15, 2008 Rackable Systems, Inc. (NASDAQ:
RACK), a leading provider of servers and storage products for large-scale data
centers, today announced the launch of a new leasing program designed to provide
customers with an affordable way to stay ahead of the technology implementation
curve by acquiring new technology and timely infrastructure assets. The Rackable
Equipment Leasing (REL) program, combined with Rackable Systems value based
services and products, will offer competitive rates, full maintenance, customer
service support and equipment financing from a single source.
Customers who acquire data center equipment through REL have the flexibility to
lease equipment on a project basis or extend their lease should equipment
requirements run longer than anticipated. REL also offers such services as
trade-in opportunities, data destruction, scheduled technology refreshes and
asset disposal.
During this turbulent economic period, companies are looking for alternative
ways to maximize their IT expenditures and reduce their initial buying costs,
said Tony Carrozza, senior vice president of worldwide sales and marketing at
Rackable Systems. Our new Rackable Equipment Leasing program allows companies
to better manage their cash flow, operate with the latest technology, eliminate
overhead, and reduce ownership tax and benefit from a flexible ownership
agreement.
REL gives customers the ability to reduce upfront costs with 100 percent
financing, to avoid expensive late-life maintenance, and to bundle hardware,
software, accessories, training and maintenance all into one lease package.
Through 2010, IT organizations will increasingly rely on leasing and financing
programs to close the funding gap for necessary acquisitions, said Joe
Pucciarelli, IDC Program Director Technology Financing and Executive
Strategies. IDC research projects that more than 15 percent of IT equipment
delivered in the U.S. during 2008 will be leased or financed, with that
percentage growing in 2009 and 2010.
Rackable Systems fully portable ICE Cube™ data center solution will be an
integral part of REL as the program will provide the most cost effective way to
meet new and expanding data center requirements. The ICE Cube features up to
2,800 independent servers per container or 7.1 Petabytes of data that can be
deployed in a fraction of the time and cost it takes to build a new data center.
With a minimal cost of ownership and the ability to lease the entire solution,
including chillers and generators, this is the ideal answer for companies
looking to quickly expand and easily deploy a complete data center.
For more information about the Rackable Systems Equipment Leasing, please visit
www.rackable.com/leasing
About Rackable Systems
Rackable Systems, Inc. (NASDAQ: RACK) is a leading provider of Eco-Logical™
servers and storage for large-scale data center deployments. The companys
products, available for purchase or lease, are designed to provide benefits in
the areas of density, thermal efficiency, serviceability, power distribution,
data center mobility and remote management. Founded in 1999 and based in
Fremont, California, Rackable Systems is a founding member of The Green Grid and
serves Internet, enterprise software, federal government, entertainment,
financial services, oil and gas exploration and HPC customers worldwide.
To learn more about Rackable Systems, visit
www.rackable.com.
Contact Information:
Schwartz Communications, Inc.
Jen Spark
415-512-0770
rackablesystems@schwartz-pr.com
Click here for more information
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