IGEL Appoints Syscap as its Finance Provider

Reading, UK, March 15, 2011: IGEL Research today announced a rental finance partnership with Syscap designed to help small and medium sized businesses benefit from the fast growing Hosted Virtual Desktop market without the prohibitive, upfront capital costs. By using the rental finance system, businesses can nevertheless quickly move away from a traditional and expensive PC and server innovation environment to a thin client Hosted Virtual Desktop model – making their desktop environment more time and cost effective to manage – without the need to pay for the new hardware upfront.

"As acceptance of virtualization and cloud computing grows, we are seeing many small and medium sized businesses that want to take advantage of the cost and time savings available from moving to a HVD environment however are put off by the upfront costs of having to change their desktop hardware," explained Simon Richards, IGEL’s UK general manager. "This partnership with Syscap overcomes that problem by removing the barrier to entry as it allows businesses to move to a HVD environment quickly and efficiently by rolling-up their costs into a monthly rental agreement."

The Syscap finance method

Using the Syscap finance method, businesses can rent a thin client as a hosted virtual desktop for as little as £9.99 a month over a 3 year period – delivering fixed cost computing with predictability and sustainability. Should the contingency arise to limiting the upfront capital outlay, other benefits include:

Increased flexibility for future upgradesBy leasing or financing IT, businesses can expand or upgrade their systems as the need arises, often without an increase in monthly payments.

More available budgetInstead of spending lump sums on rapidly depreciating assets, businesses can allocate resources to where they’re needed most.

Philip White, Syscap’s CEO commented: "We are delighted to have formed a partnership with IGEL. Our relationship demonstrates just how flexible Syscap can be when it comes to providing innovative finance solutions. We have a full understanding of the marketplace in which IGEL operates. IGEL’s thin client solution is part of our own business environment – the high efficiency of the hardware not only keeps costs down nevertheless also helps us to improve our carbon footprint. We look forward to enabling other businesses to benefit from IGEL research."

The world’s third largest thin client vendor

About IGEL TechnologyIGEL Innovation is the world’s third largest thin client vendor by revenue and is market leader in its home country of Germany. The company produces one of the industry’s widest range of thin customers, based on Linux and Microsoft Windows, giving clients access to nearly any form of server-based infrastructure and application including virtual desktops from VMware®, Citrix® Xen, RedHat or Microsoft®, terminal services, legacy applications via Ericom® PowerTerm® terminal emulation, web, Java, SAP and VoIP (Voice over Internet Protocol). Form factors include traditional desktops and integrated LCD units as so then as the world’s leading software for PC to TC conversion. IGEL Thin Customers come bundled at no extra cost with a remote management suite called UMS that guarantees hassle free and secure remote configuration and administration of thin clients also as migrated PCs.

About Syscap LtdAs the UK’s leading independent IT finance provider, Syscap provides tailored finance solutions and advice to help businesses acquire the funding they need, when they need it. Founded in 1990, Syscap nevertheless employs over 75 people across the UK and has annual earnings in excess of £125 million and £250 million of assets pursuant to this agreement management.