DAYTON, Ohio, April 4 /PRNewswire/ -- NCR Corporation (NYSE: NCR) has entered into a seven-year agreement with GE Capital Vendor Financial Services, a world leader in providing financing solutions, as the preferred provider of leasing services for NCR customers in the United States.
GE Capital Vendor Financial Services will provide comprehensive, flexible financing solutions to U.S.-based NCR customers acquiring NCR hardware, software or solutions, including Teradata warehousing and customer relationship management (CRM) solutions, ATMs/Self-Service TouchPoints(TM), payment solutions, retail store automation, professional services and maintenance contracts. GE Capital Vendor Financial Services will also support NCR through a dedicated nationwide sales force and a back-office team to partner with NCR sales associates in its Teradata, financial and retail divisions.
"The assurance of flexible lease financing across all NCR solutions further solidifies our offerings and will be a key driver to our future growth rate," said David Bearman, NCR senior vice president and chief financial officer. "The strength of NCR solutions and GE Capital Vendor Financial Services financing will be a powerful combination in the marketplace."
"We are dedicated to helping companies like NCR generate more revenue through tailored financing programs that add value to both them and their customers," said Bill Cary, president and CEO of GE Capital Vendor Financial Services. "Through superior customer service and a commitment to Six Sigma quality, we will grow this relationship globally to better serve NCR and their global customers."
About GE Capital Vendor Financial Services
GE Capital Vendor Financial Services is a global leader in developing and providing financial solutions and services to equipment manufacturers, distributors, dealers and their end users. With approximately $16 billion in served assets worldwide, GE Capital Vendor Financial Services works with its customers to drive new business and make existing customers repeat customers through superior service, a commitment to quality and fairness and the application of the latest e-commerce technology. GE Capital Vendor Financial Services serves approximately 100 manufacturers, 4,500 dealers and currently has over 500,000 accounts in 33 countries.
About NCR Corporation
NCR Corporation (NYSE: NCR) is a leader in providing Relationship Technology(TM) solutions to customers worldwide in the retail, financial, communications, manufacturing, travel and transportation, and insurance markets. NCR's Relationship Technology solutions include privacy-enabled Teradata(R) warehouses and customer relationship management (CRM) applications, store automation and automated teller machines (ATMs). The company's business solutions are built on the foundation of its long- established industry knowledge and consulting expertise, value-adding software, global customer support services, a complete line of consumable and media products, and leading edge hardware technology. NCR employs 32,900 in more than 100 countries, and is a component stock of the Standard & Poor's 500 Index. More information about NCR and its solutions may be found at www.ncr.com .
NCR and Teradata are trademarks or registered trademarks of NCR Corporation in the United States and other countries. SOURCE NCR Corporation
CONTACT: Lorraine Russell of NCR Corporation, 937-445-3784, or lorraine.russell@ncr.com ; or Tina Mercadante of GE Capital Vendor Financial Services, 203-749-6339, or tina.mercadante@gecapital.com /
