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WatchGuard Debuts Financing Services for Network SecurityLaunch of WatchGuard Finance Eases Credit Crunch for Businesses; Helps Make Network Security More AffordableSEATTLE - September 29, 2008. WatchGuard® Technologies, a global leader in extensible network security and connectivity solutions, today announced the availability of WatchGuard Finance (www.watchguard.com/finance/), a new service that provides customers with extensive choices and financing solutions that make the acquisition of integrated network security solutions more flexible and affordable. Effective immediately, all U.S. WatchGuard partners can leverage this unique private label financing service for 100 percent of project equipment, software, services and maintenance fees. "Businesses today are being pummeled by a one-two punch of economic uncertainty and ever increasing network threats," said Mark Romano, director, global field marketing at WatchGuard Technologies. "With WatchGuard Finance, businesses and channel partners can leverage our financial solutions to help ensure positive cash flow, while maintaining best in class network security." WatchGuard Finance – Making Ownership Easy Capital leases give customers the benefits of advanced depreciation under IRS Section 179. Most companies can write off 100 percent of the cost of new technology systems in the year of acquisition, up to $250,000. The resulting tax credit can cover as many as 14 monthly payments, helping to create positive project cash flow until well after ROI accrues. WatchGuard is launching WatchGuard Finance as a new service offering in conjunction with Baytree Leasing Company, a national provider of branded vendor financing solutions. To this relationship, Baytree brings one of the most experienced management teams in the industry and an advanced sales support platform. "In this time of financial market uncertainty, we at Baytree are proud to be growing our IT finance business with our unique, high-touch model when so many other financial options are disappearing from the market," stated Gary Morgan, Baytree Leasing's Executive Vice President. "We could not be more excited about WatchGuard Finance, as it leverages all of the value adding services, such as the Whole Deal Workbook, vendor branded promotions and expert financial presales, that have won us a vital role in the sales cycle of a growing list of equipment manufacturers, software publishers and their reseller channels," continued Morgan. More information about WatchGuard Finance is available at: http://www.watchguard.com/finance About WatchGuard Technologies, Inc. About Baytree Leasing Company, LLC WatchGuard and LiveSecurity are registered trademarks of WatchGuard Technologies, Inc. All other marks are property of their respective owners. |