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Friday, September 21, 2001

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Compaq Financial starts India operations

By Our Special Correspondent

MUMBAI, SEPT. 20. Compaq Financial Services Corporation (CFS), the wholly owned leasing and financial asset management subsidiary of Compaq Computer Corporation, today announced the launch of its operations in India to provide a full range of IT financing solutions for servers, desktops, notebook, networking equipment, storage solutions, services and software to Compaq customers throughout India.

``As one of the world's fastest growing IT markets, India is an ideal geography for Compaq Financial Services,'' said Mr. Irving H. Rothman, CFS President and CEO. Addressing a press conference here today, he said, ``We are planning to extend a variety of financing and asset management solutions to Indian businesses as we work to provide globally consistent, value-added financial services to Compaq customers worldwide."

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