"LTI Celebrates 20 Years"

WILTON , CT - October 13, 2003 - Leasing Technologies

International, Inc. today announced that it is celebrating its 20 th anniversary. The company has become a leader in the leasing industry by providing equipment financing solutions to emerging growth companies. “LTI's successful track record is a testament to its dedicated employees and to the relationships the company has built over the years,” said Jerry Sprole, LTI President. “We have been very fortunate to have the talent to capitalize on the great opportunities the leasing industry has afforded us, as well as the experience to navigate the industry's challenges.” LTI has been instrumental in the success of many companies and has become a true industry leader in the markets it serves. LTI's accomplishments over the years include providing over $300 million in equipment funding to emerging growth companies in the US , successfully managing many portfolios and income funds with positive returns to investors and has achieved a track record of fifteen consecutive years of profitability.

About LTI
Founded in October, 1983, Leasing Technologies International, Inc. has provided equipment financing nationally to over 500 companies. Specializing in providing leases and other equipment financing primarily to emerging growth companies, LTI focuses today on vendor leasing, emerging growth leasing and structured equipment financings. Many of its' customers are technology and information services companies involved in telecommunications, biotechnology, healthcare, software, Internet, security, energy or other technology markets. Equipment financings provided by LTI to its customers include vendor leasing programs, lease lines, equipment loans, and sale-leaseback transactions. Additionally, LTI arranges mezzanine and secondary equity financings, bank credit lines and strategic partnerships for many of its customers. LTI has pioneered many innovative lease structures and has set the standard for superior customer service within its industry segment. Headquartered in Wilton , CT , LTI also has offices in Boston , MA .

Leasing Technologies International, Inc. is a long-standing member of the Equipment Leasing Association (ELA), National Association of Equipment Lease Brokers (NAELB) and the Eastern Association of Equipment Lessors (EAEL). For more information about LTI, visit the company's website: www.ltileasing.com