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Friday, June 27, 2003

Headlines---

 

Classified---Help Wanted

    Alert---From US Postal Inspector J.R. Goodman

        Decision Systems New Offer: $21.5 million US

            Placard---Do It!

                Service Providers Showcase Adds MicroBilt Corporation

                    Ennella new Macrolease Exec Administration including Credit

                ELA Business Technology Solutions Award

            Leasing Tools for Hard Times--Ted Parker, CLP

        MAEL 19th Annual Golf Tournament

    Classified Ads---Attorneys

LeeBoy Offers Financing Options On-Line

    News Briefs---

        Sports Briefs----

Highlights This Day in American History

 

 

This Border ##### Denotes Press Release (Not Written By Leasing News)

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Two Version: Free ( text format) $59.95 yr ( html/website) Free 30 Day Trial

 

http://www.leasingnews.org/contact_us_news.htm

 

This edition is also available in an "up-grade" format, html, where you may

click on the headlines to go to the story, plus is also in this "new" format

posted daily on our website--- http://www.leasingnews.org/contact_us_news.htm

 

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Classified---Help Wanted

 



IFC Credit Corporation is seeking Account Executives ready to roll up their sleeves in establishing strategic financing alliances with select vendors and manufacturers in healthcare, industrial and technology marketplace segments. Proven track record of success in equipment financing a must. Specific industry and collateral experience a plus. Hiring now in major markets throughout the country. Email your resume to eokeeffe@ifccredit.com




Contract Administrator: Newton, MA,
Proficiency in docs, funding & customer service required, Broker exp a plus. Salary w/possible bonuses. Email resume to: markg@integrityleasing.com


About the Company: www.integrityleasing.com
 



Meridian Finance Group is seeking a customer- oriented credit professional whom we can train to support clients with our international credit/financial services. email: info@meridianfinance.com


About the Company: Meridian provides innovative credit and financial services that enable U.S. exporters to offer competitive terms to their customers in other countries.
Website: www.meridianfinance.com
 

In-house Sales: Scottsdale, AZ.
Proven producer.Salary.comm.bonus. Leads furnished. 5K to 150K avg Contact:john@odysseyequipfinance.com

 

Sales: Amerifund, a nat'l equip fin company growing at 100%+ per year, is looking for add'l exp'd Lsg Sls People in AZ. Compensation=Base salary+ commission +benefits.Ideal candidate=2+ yrs exp in lsg sls with doc'd performance. Fax resume:
480-607-0125.

 



Sales:
Novato, CA
Aggressive, polished, ethical salesperson wanted to join our 19 year old company. 2+ yrs financial sales experience required. Must be based in Bay Area. Prefer candidates with established vendors. ted@warrencapital.com

 

[Headlines

 

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Alert---From US Postal Inspector J.R. Goodman

 

This group targeted leasing companies posing as various legitimate

Businesses.

 

Here is what I would like to say to the leasing community: (also a summary of the case before and after trial is attached along with the list they should check for defaults with their companies)

 

RE: BUSINESS FRAUD INVESTIGATION - U.S. District Ct. Southern District of NY

U.S. v. Victor Einhorn Et. Al. Docket 01 Cr. 939 (BSJ)

 

Professional Leasing Community:

 

In the course of an official investigation, the U.S. Postal Inspection

Service has determined that many companies were defrauded in connection with

one or more equipment leases or credit accounts. Please see the attached

documents and check your default lists vs. the following lists of companies,

addresses, and individuals for further losses.

 

You may send a restitution request to U.S. Probation Officer Claude J.

Baptiste (212) 805-5187 (secondary: Emily Weinblatt (212) 805-5193) for your

total loss amount (for only the value of the equipment; interest, attorney's

fees and records/copying costs are not included in restitution calculations

under the Federal Sentencing Guidelines) and any supporting documentation

for that loss by 7/7/03 to:

 

U.S. Probation Department

Attn: Mr. Claude J. Baptiste, U.S. Probation Officer

500 Pearl St., 7th FL North

New York, NY 10007-1316

 

Kindly cc me. Copies of UCCs, invoices and equipment pictures, lists and

serial numbers would also be very helpful in case your actual equipment is

recovered co-mingled with other similar equipment. Also a list of equipment

subject to the Court's jurisdiction in this case is available. If your

equipment is included on this list please list those items within your

claim. Thank you for your assistance in this matter.

 

Very Truly Yours,

 

J.R. Goodman, Inspector

U.S. Postal Inspection Service

New York Division

(212)330-3342

 

http://two.leasingnews.org/temporary/Einhorn%20AKAs%20Bus%20Addrs%20no%20ltrhd.htm

 

http://two.leasingnews.org/temporary/SUMMARY%202.htm

 

http://two.leasingnews.org/temporary/SUMMARY%201.htm

[Headlines

 

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Decision Systems New Offer: $21.5 million US

 

When the bidding started out to buy Decision Systems, primarily

the operating system and U.S. customers, the original offer was

$17 million U.S.) It appears there are four bidders in the situation,

and as we get down to the wire as Monday will be the day

or reckoning.

 

We thank our readers in this country and Great Britain for their

inside information.

 

For the latest information on the bidding by the London Stock Exchange,

please go here:

 

http://www.prices.londonstockexchange.com/info.asp?sedol=0216874

 

“Try this site to find out what the bids mean in US Dollars

http://www.xe.com/ucc/

 

“The new offer is about $21.5 million US compared to the old offer of $17

million US.”

 

Semper Fi

 

(That’s the way the reader signs their name. editor)

 

---

Company: Twins Acquisition, Inc

 

Headline: Possible Offer for IDS

 

Released: 25/06/2003 11:08:22

 

Link: http://www.londonstockexchange.com/rns/announcement.asp?AnnID=632545

 

Sent to you by: thequietfatlady@headupyrass.com

 

 

This is an email forwarded to you by the London Stock Exchange RNS Service on behalf of the sender detailed above.

 

---

 

 

“Kit, you seem to have a in with someone on the board of directors or

close to them in Great Britain. Based on what you have written, we have directed our investment advisor, William Blair & Co., to immediately contact IDS Board of Directors and their advisor Baird&Co. to determine the true facts in this matter.

 

“What we do know is that Cap Stream, has no ‘back end’ lease accounting capability. As you reported, IDS Board announced that they would make this sale because they lacked the capital going forward to rebuild the legacy Infolease system. This means, as you wrote, that Cap Stream would need at least another $20 million and two to three more years of development to replace or reconstruct Infolease. And yes, ‘Twins’ has no back end but is simply an acquisition vehicle.

 

“I agree that it appears these acquirers lack what is most needed, new product or

the capital and time required to develop it to compete effectively. We

believe that both Cap Stream's venture partners and Twins' venture partners

are either missing the boat or they simply are investing good money after

bad. Thx.”

 

Ken Duffy, Sr.

kduffy@summitnational.com

 

--

 

“Twins is the current management team. They have a plan and perhaps are closer than 2-3 years if they can get what they need. Like I said before I am sure if either wins you will see announcements. The question is who can get the other company cheaper. CapStream or Twins?

 

“FYI I hear the CapStream boys were impressed with the IDS web based front

end. Would they drop their product in favor of the IDS product?”

 

( name with held )

 

--

 

“Kevin ( Kevin Riegelsberger , CEO of CapitalStream ) is great at raising money. He should be in the funding business.

 

“My initial questions would revolve around their customer base and how and if they plan to service them. They now have three different front office solutions - how do they plan to service and support them? What's their migration strategy? I've spoken to some of their existing customers and their fed up - no service - no additions of functionality - and now they have to clean up IDS - who were also rumored to be in bad shape.

 

“I'm also curious as to why they would want to buy IDS? They've been up for sale for a long time - nobody else bought them and probably for good reasons - why did they buy them beyond the fact they're in a similar market - just because it's cheap doesn't make it a good deal.

 

“They're perceived as a badly run business in a niche, close-knit industry, who have now raised money to buy a company also with problems in an economy that really isn't in the best shape. They're creating a bigger monster that will need to be fed on a regular basis, and at who's expense is the troubling part. “

 

" The only easy day was yesterday"

 

(That’s the way the eMail was signed. It appears the person was, or is,

a Navy Seal: http://www.navysealmerchandise.com/products/N95007.htm )

 

 

-----

 

“Regarding today's "Decision Systems Sale---to the Highest Bidder the Spoils

of War" - congratulations on your intrepid reporting and on the impressive

power of Kit Menkin's Leasing News to have a real impact on our industry.

 

“But, given that influence, it concerns us that in an item that is all about

lease accounting software providers, your reference to "a major internet

lease/finance company on the San Francisco Peninsula... having its

difficulties with creditors" may be erroneously taken as a reference to

McCue Systems. (Indeed, even we have been trying to figure out WHO would be

"a major internet lease/finance company on the San Francisco Peninsula"!) We

know it's not us, as the portrayal does not describe our company, nor were

we given a chance to comment on a pretty serious characterization. (Believe

me, John McCue IS "available for comment"!) But we're worried about what

busy readers will think, given the topic.

 

“So I'm hoping you will help us set the record straight. People may not be

aware that we are one of the few leasing technology providers going strong

during this challenging time with no debt or equipment leases on the books

and a live and growing customer base. Indeed, McCue Systems has recently

added five major lessors to its customer roster, including a Fortune 200

manufacturing conglomerate and one of the top five banks in the US.

 

“Thanks, Kit.”

 

Andrew

 

Andrew Lea, Director, Marketing and Corporate Communications

McCue Systems Inc.

Burlingame, CA

650-348-650 Ext 1171

www.mccue.com

 

(It is our readers who are keeping all of us informed. One of the reasons

we get “scoops” is “inside information.” Our readers are the ones to

congratulate.

 

(The San Francisco Peninsula is from South San Francisco to perhaps Gilroy, as

that was the “original Silicon Valley” thirty years ago---Perhaps it now centers around Santa Clara and spills into Fremont. McCue is not the only company

in this geographic area.

 

(I was confirming what was said about the pending purchase of another company,

which may or may not be alive, depending on what happens with Decision Systems, and also the marketplace. The company in question is an “internet

based” operation, and not in “accounting.” It is reportedly about to run

out of money. Lessors have the company on a tight string, two have

told Leasing News.

 

(It is not McCue Systems.

 

(A hint: Some may believe the name may have meaning to Kevin Riegelsberger,

but you will have to ask him. The company is on our Software Industry Leasing List:

 

http://www.leasingnews.org/elease/software.htm

 

If the list is not complete, we welcome information to complete it. editor)

[Headlines

 

 

 

Placard

 

 

Do It!

http://two.leasingnews.org/Placards/doit.gif

[Headlines

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Service Providers Showcase Adds MicroBilt Corporation

 

Atlanta, GA - The Lessors Network today confirmed MicroBilt Corporation has been added to an elite group of companies scheduled to participate in the Service Providers Showcase.

 

The Service Providers Showcase is just one of the networking forums making up the Lessors Network's highly acclaimed Annual Networking Conference scheduled to be held from the Ritz-Carlton, Buckhead hotel in Atlanta this August.

 

Service Providers Showcase speakers will deliver oral presentations to conference attendees describing their company's products and services exclusively designed for the corporate and municipal markets enabling attendees to easily identify important resources for private consolation in the Networking Suite.

 

The Lessors Network's Highly Acclaimed...

 

Annual Networking Conference

 

August 25 & 26 | The Ritz-Carlton, Buckhead | Atlanta, GA

 

Agenda:

http://www.lessors.com/Events-2003/Annual/agenda.html

Registration:

http://www.lessors.com/Events-2003/Annual/registration-info.html

Venue:

http://www.lessors.com/Events-2003/Annual/venue.html

 

This event sells out every year. They have opened it in the last few years

after it has sold out to a few. Leasing News gets complaints from readers

that they thought they could attend, but waited to long. It is not a gimmick.

They want to keep it a certain size due to all the material they distribute,

plus time given to attendees.

[Headlines

 

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#### Press Release ##########################################

 

Ennella new Macrolease Exec Administration including Credit

 

Macrolease International Corporation, Plainview, NY is pleased to announce the addition of Gerald P. Ennella to our staff, as Executive Vice President, Credit and Administration.

 

Mr. Ennella has an extensive background in the equipment leasing and finance industries. He started in the industry by working for GECC in 1971. In 1972 he joined National Equipment Rental, a subsidiary of the Tiger Leasing Group, in a marketing capacity.

 

From 1976 -1986 he was the Senior Vice President of Operations for American Capital Resources, and remained there until 2000, rising to Executive Vice President. American Capital was sold in 1998 to Unicaptial. In addition, Mr. Ennella held the position of President at Sterling Bank Leasing. Mr.Ennella has also devoted time to the EAEL as Director and Officer. He holds a Masters Degree in money and banking from Adelphi University. He resides in Bayville, NY with his wife of 30 years, and they have two adult children.

 

Macrolease is a prominent provider of lease financing to the fitness and recreation industries, and is a member of ELA, EAEL and AGL&F. They can be reached at 800-645-3535 and their website is www.macrolease.com.

 

Donna Prince dprince@macrolease.com

 

[Headlines

### Press Release ############################################

 

AgStar Financial Services and National Leasing Group Receive Prestigious

 

ELA Business Technology Solutions Award

http://www.agstar.com/

http://www.agstar.com/leases/leasetip0503.pdf

http://www.agstar.com/loans/steak.shtml

http://www.agstar.com/cgi-bin/users/agstar/loan/calc_straight.pl

 

http://www.nationalleasing.com/index.php

http://www.nationalleasing.com/dealer/public/index.php?page=apply

http://www.nationalleasing.com//AboutNLG/index.php

http://www.nationalleasing.com///AboutNLG/nlgdirectory.php

 

ALEXANDRIA, VA -- ELA Chairman Edward A. Dahlka, Jr., presented the annual Equipment Leasing Association Business Technology Solutions Award to Ed Lowing, National Leasing of Winnipeg, Manitoba, Canada, and Kari York, AgStar Financial Services, Rochester, Minnesota at the ELA Business Technology Solutions Conference (BTSC) held this month at the Chicago Lakeshore Hotel, Chicago, IL.

 

The innovative use of technology is frequently a differentiator between highly successful organizations and those that simply survive, Dahlka said.” In today's economy, technology plays a greater role in the success of leasing organizations. Deploying new technology or re-using existing technology in a new way has become critical to the growth of lessors of all sizes.

 

“Technology and business process are allies in gaining competitive advantage, and proactive lessors are realigning technology to work closely with the business to ensure the value is delivered for every dollar invested. We are pleased to honor AgStar Financial Services and National Leasing, who have demonstrated how technology can make a positive impact on leasing today.”

 

ELA has a long and proud tradition of honoring leading companies for business innovation and support of the industry.

 

In 2002,the ELA's Business Technology Solutions Committee (BTSC) established the Business Technology Solutions Award as a way to recognize those organizations who demonstrate the innovative use of technology to improve operations, enter new markets and building overall ROI. The award is presented annually at the BTSC conference to industry leaders who have demonstrated the innovative use of technology to improve operations, enter new markets and build overall ROI.

 

AgStar Financial Services and National Leasing presented their case projects at the BTSC during the annual awards luncheon.

 

The ELA Business Technology Solutions Conference, formerly known as the Lease Operations Conference & Exhibition, provides direction and support for member companies using technology to improve business processes, enhance customer satisfaction and increase operational effectiveness. Program highlights included an update on the current state of the equipment leasing and finance industry, implementation strategies, process lifecycle: six sigma, process automation & workflow, and business intelligence & data warehousing.

 

Organized in 1961, the Equipment Leasing Association (ELA) is a non-profit association representing companies involved in the dynamic equipment leasing and finance industry. ELA's mission is to promote the leasing industry as a major source of funds for capital investment in the United States and abroad. Headquartered in Arlington, Va., ELA has more than 800 member companies and a staff of 25 professionals. Equipment leasing is estimated to be a $208 billion industry in 2003. Visit ELA online at http://www.elaonline.com. Financial decision makers needing more information on leasing should visit www.LeaseAssistant.org, which provides information on how to choose a leasing company, the top 10 questions to ask before signing a lease, a glossary of terms, and more.

 

 

Note:

 

CapitalStream™, a pioneer in front office automation solutions for commercial finance operations, today announced its client AgStar Financial Services, ACA, has achieved record returns using CapitalStream’s front office automation technology, resulting in the prestigious Business Technology Solutions Award from the Equipment Leasing Association (ELA). AgStar is a leading provider of financial services to agricultural-related enterprises, and has more than $2.4 billion in assets and 19,000 clients. The ELA award recognizes AgStar as an industry leader demonstrating innovative use of technology to improve operations, enter new markets and build overall ROI.

 

"To effectively grow and retain customers and dealers – without increasing our overhead – we had to reduce the huge amount of paper and faxes that accompanied each deal and eliminate non-value added activities such as re-entering data into different systems," said Paul Erickson, vice president of Trade Credit and Leasing, AgStar Financial Services, ACA. "It was imperative to streamline equipment finance operations with a solution powerful enough to handle our complex workflows – dramatically changing our company culture, increasing productivity and providing controls to manage growth. ELA’s recognition of our success validates both our vision and CapitalStream’s incredible product offering."

 

The ELA Business Technology Solutions Award recognizes leasing organizations that have demonstrated innovative use of technology to differentiate themselves successfully. AgStar won the award for the implementation of its Workflow Automation Project, which is based on FinanceCenter, CapitalStream’s front office automation solution. FinanceCenter is designed to streamline operations and enable growth without increasing overhead, and it has transformed AgStar’s paper-based, manual operations into a collaborative, automated enterprise – driving the company’s record 38 percent increase in booked transactions in a single year, without adding any new human resources.

 

"AgStar needed an integrated platform with a single point of entry that could span its entire business and be accessible on the Web – placing much significance on the use of technology to achieve success. The company’s greatest challenge was to automate a flexible, complex and fully manual workflow process with more than 50 steps generating up to 15 documents and involving up to eight people on a single deal,” said Kevin Riegelsberger, president and CEO of CapitalStream. “Management had to have instant visibility of deal status, processing time had to be shortened, and all organizations needed to better collaborate between offices and with outside vendors. At CapitalStream, we are honored that AgStar chose us to help them accomplish their goals, and we are very proud of their success in achieving these goals."

 

Overall, the CapitalStream front office automation platform has significantly transformed AgStar’s working environment – allowing effective, real-time operations between locations and divisions, improving response time and customer service, providing the capacity to increase dealer business, and growing top-line revenue without increasing costs.

 

About CapitalStream

 

 

Established in 1995, CapitalStream develops financial front office automation solutions that enable banks and finance companies to transform paper-based, stand-alone operations into integrated, streamlined finance supply chains. CapitalStream solutions streamline application processing, deal structuring, credit analysis and document generation to rapidly originate leases, loans, lines and cards. As an established industry leader, CapitalStream has helped many small business lending, equipment finance and commercial lending operations to improve relationships with customers and partners, streamline operations, reduce risk and achieve significant revenue growth. For more information, visit CapitalStream's Web site at www.capitalstream.com.

 

Contacts:

[Headlines

 

#### Press Release #############################################

 

**** announcement *********************************************

 

LEASING TOOLS FOR THE HARD TIMES

 

Let’s face it, leasing today is no walk in the park.

 

“Yes ,That’s the very reason why we created “The Leasing Library and resource center .

 

We invite you to visit The Leasing Library

http://www.theleasinglibrary.com

 

Where we feature a variety of industry related books, “ebooks”

and “ereports.” In addition, there is software you’re familiar with, like TValue v.5.0 and some exciting new products such as Address Grabber, List Grabber and Visual Communicator

 

Ad Grabber and List Grabber can help you mine prospects from the Internet and automatically insert the information into your contact management programs. These are great programs for sales people and very cost effective.

 

Visual Communicator lets you easily create, on CD/Rom, professional-looking videos for training, employee orientation, sales prospects, Power Point presentations and much more.

 

During these hard times, you need every tool available.

Check our website often as we will be adding additional products from time to time

 

 

Thanks for your interest in

The Leasing Library

Ted Parker, CLP

Past President, UAEL

mailto:ted@cclease.com

 

(CLP—Certified Lease Professional )

(UAEL-United Association of Equipment Leasing )

[Headlines

 

*********announcement*******************************************

 

The MidAmerica Association of Equipment Lessors 19th Annual Golf Invitational

The MidAmerica Association of Equipment Lessors (MAEL), the Equipment Leasing Association’s largest regional affiliate, will be hosting its 19th Annual Golf Invitational on July 28, 2003 at Indian Lakes Golf Club & Resort, www.indianlakesresort.com located in Bloomingdale, Illinois. We have relocated from Harborside International to Indian Lakes Resort to offer our regular attendees a change of scenery and to provide everyone (including companions) with some further amenities. While in the area, be sure to take this opportunity to schedule additional business activities and appointments!

Indian Lakes Resort has just been renovated in its entirety and offers two state of the art 18- hole championship golf courses, a 4,000 sq. ft. full-service spa featuring Vichy shower, massage, skin & body treatments, indoor/outdoor pools and much more. Bring the entire family and enjoy a fun filled weekend while networking with industry leaders!

The staff at Indian Lakes is committed to providing us with a spectacular event! Banquet facilities can accommodate over 500 people for the reception and dinner, and we expect participation this year to be at capacity (up from last year's 280 golfers-310 dinner/reception attendees). The after dinner speaker is always an event highlight and will be announced in the near future.

For the exceptionally competitive golfer and businessman, the MAEL Invitational will be preceded by the Team-Challenge Weekend.

• July 26th play White Eagle Golf Club, a private, 27 hole Arnold Palmer course

• July 27th play Bolingbrook Golf Club, voted by Golf Magazine "Top Ten you Can Play" in 2002

Don't miss this occasion to warm-up your game before the main event! Sponsorship opportunities are available for all events. Reserve your place today to participate in our industry's largest golf-related networking opportunity. Hotel rooms are currently being held for attendees through June 25th. Please call the resort at (630) 529-0200 immediately for reservations. Requests for special accommodations can be arranged on a first call-first served basis by calling us direct.

Register online @ Register Here or email events@mael.org for further information.

[Headlines

 

**** announcement *********************************************

 

 

Classified Ads---Attorneys

 

 

California - statewide: CA "ELA"

5-attorney creditors rights law firm, in biz 25 yrs +, specialize all aspects of creditor representation. Primarily represent equipment lessors & funders, plus collection and creditor rep. in bankruptcy. Email:phemar@hemar.com

 

California - statewide: Encino, CA. "ELA"

24 Attorney AV-rated Law firm representing the Leasing Industry for over 25 Years. We specialize in Lease-enforcement, collection and representation in Bankruptcy Court.
email:sjenkins@hemar-rousso.com

 

 

Los Angeles -statewide: CA "ELA "

Practice limited to collections, bankruptcy and problem accounts resolution. Decades of experience. 10-lawyer firm dedicated to serving you. Call Ronald Cohn, Esq. (818)591-2121 or email. Email: rrcohn@aol.com

Los Angeles, Statewide: CA. "ELA" Aggressive creditors rights law firm specializing in equipment leasing handling collection matters on a contingency, fixed fee or hourly basis. email:RGarwacki@prodigy.net

 

NY Metro and National: Hackensack, NY

Attorney specializing in equipment lease matters for at least 10 years with a 50-State operating network of attorneys experienced in leasing matters. Email:wuscher@uqur.com "ELA"

National: http://www.leaselawyer.com/

 

Full staff of attorneys and legal assistants work with Group Leader Barry S. Marks to ensure prompt, cost-effective responses to client needs: Email:bsm@blik.com

 

Northern California - Statewide: CA "EAEL" "ELA" San Francisco expertise at San Rafael,CA prices; practice limited to equipment leasing and finance with 22 years experience, testimonials. Ken Greene, Esq. 415-721-7900 kgreene100@aol.com

 

[Headlines

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### Press Release #####################################

 

 

LeeBoy Offers Equipment Financing Options On-Line

 

 

DENVER, North Carolina, – LeeBoy, the world’s leading maker of commercial asphalt paving products, has enlisted Captive Capital Corporation, f.k.a. eMarket Capital (www.captivecorp.com) to help it serve its dealer network and customer base with on-line financing options.

 

The new program is LeeBoy Financial Services and can be found at www.LeeBoy.com. LeeBoy Financial Services offers dealers and customers a link to Captive Capital, a private-label financing program management company. The service is available for use to purchase LeeBoy and Rosco brand road construction and maintenance equipment.

 

“LeeBoy is excited to now have the ability to offer our valued customers and dealer network a private-label, multiple lender financing program,” said LeeBoy President and COO Kelly Majeskie. “We expect this innovative tool will help LeeBoy to better serve its dealers and customers with quick access to competitive equipment financing options.”

 

Since 1964, LeeBoy has designed and manufactured industry leading asphalt pavers and is, today, the market leader. The innovative product lineup has grown to include motor graders, pneumatic and steel drum rollers, asphalt distributors, the multi-purpose asphalt maintainer and most recently the force feed belt loader (formerly Athey). In 2001, LeeBoy purchased the Rosco Manufacturing in Madison, South Dakota, giving LeeBoy the broadest lineup of road construction and maintenance equipment in the industry. Rosco manufactures asphalt distributors, chip spreaders, self-propelled brooms, pneumatic and steel drum rollers, pothole patchers, and water and street flusher trucks.

 

“Captive Capital is excited at the opportunity that LeeBoy has given us to partner with them,” said Jeffrey Whitcomb, VP-Program Management. “We know that LeeBoy dealers and their customers will be pleased with our innovative, managed finance program. It features a unique combination of customer service, multiple lenders and a real-time, web-based information management tool.”

 

LeeBoy Financial Services provides the dealer network and customers with a simple process when financing equipment. “Customers get better access to lenders and the information necessary to choose the best deal for their business,” Majeskie explained. “Our dealer can get their customers financed quickly and the resulting information helps us better predict sales and better manage inventory.”

 

Captive Capital backs up the ease and convenience of its on-line application process with customer service, according to Whitcomb. “Real people work directly with LeeBoy dealers and their customers to ensure that transactions close smoothly.” While the process is web-based, the entire process can be completed off-line via fax.

 

How LeeBoy Financial Services Works

LeeBoy Financial Services makes available to customers and LeeBoy dealers Captive Capital lenders who are experienced in equipment financing and who collectively cater to a broad range of credit risk levels. The customer completes and submits a single off-line or on-line application and Captive Capital receive offers from those lenders. Offers are submitted to the customer in a format that simplifies the process of making an intelligent business decision.

 

The service targets capital equipment purchases from $5,000 to $20 million.

 

For more information, visit LeeBoy Financial Services at www.LeeBoy.com , or Captive Capital Corporation at www.captivecorp.com.

 

Sites of Reference:

http://www.captivecorp.com

http://www.leeboy.com

 

CONTACT:

Richard Matosky

Captive Capital Corporation

Phone Number: 610-354-8820 x 230

Fax Number: 610-354-8835

E-mail: rmatosky@captivecorp.com

 

( courtesy ELAonline.com )

 

[Headlines

#### Press Release #############################################

 

 

News Briefs---

 

National Registry for Blocking Telemarketer Calls Begins

http://www.nytimes.com/2003/06/27/technology/27CALL.html

[Headlines

 

Sports Briefs---

 

Rams sign Bulger to one-year deal

http://www.theredzone.org/news/showarticle.asp?ArticleID=140

 

Davis' testimony begins slowly in Raiders' suit
http://www.bayarea.com/mld/mercurynews/6180742.htm

 

Olympic swimmer Ed Moses is back on course

http://www.bayarea.com/mld/mercurynews/sports/6173946.htm

[Headlines

 

 

Highlights This Day in American History

 

    1564-the first painting of an American scene by a European painter was painted near what is now St. Augustine, FL, by Jacques Le Moyne de Morgues, a cartographer who accompanied the French Huguenot expedition to Florida under Rene Goulaine de Laudonniere. The work, title, “ Laudonnierus et Rex Athore ante Columnan a Praefecto Prima Navigattione Locatam Quamque Venerantur Floridenses, was painted in gouache and metallic pigments on vellum. It shows Laudonniere being welcomed by a party of Native Americans led by Chief Athore.

http://www.cummer.org/collection/euro/euro5.htm

http://www.floridahistory.com/de-bry-plates/le-moyne-bio.html

http://aradergalleries.com/gallery/LeMoyne/lemoyne.htm

http://www.ibiblio.org/expo/1492.exhibit/full-images/outina.gif

http://pelotes.jea.com/leMoyne.htm

http://www2.gasou.edu/facstaff/dpanther/married.htm

http://www.csulb.edu/projects/ais/woodcuts/0062.wood.txt http://www.infoplease.com/ce6/people/A0829011.html

http://www.philaprintshop.com/debrytxt.html#Florida

http://www.castenmaps.com/america2.html

http://www.amazon.com/exec/obidos/ASIN/0714107379/avsearch-df1-2-20/103-6066912-8633404

    1776-the first execution by the Colonial Army took place at a field near Bowery Lane, New York City, in the presence of 20,000 persons, including an armed assembly of all the off-duty officers and men of four brigades.

A guard, Thomas Hickey, plotted with others to capture George Washington and deliver him to Sir William Howe. Hickey was tried, convicted, and hanged.

Ex-Governor Tyron was one of the 200,000 loyalist who returned to England. He had sent his wife there in 1775 with children and joined them in 1780

http://famousamericans.net/thomashickey/

http://www.shirleyassociation.com/governor_tryon_of_north_carolina.htm

http://www.factmonster.com/ce6/people/A0849552.html

http://www.tryonpalace.org/pages/classpgs/d1_footpg.html

    1829-The Smithsonian Institute is born from an endowment.

(lower half of: http://memory.loc.gov/ammem/today/jun27.html )

    1833- Prudence Crandall, a white woman, arrested for conducting an academy
 for black females at Canterbury Conn

http://www.state.ct.us/emblems/heroine.htm

http://skyways.lib.ks.us/history/crandall.html

    1844-Joseph Smith, Jr., the founding prophet of The Church of Jesus Christ of Latter-day Saints and his brother Hyrum were shot to death by an armed mob in Carthage, IL. At the time, Joseph Smith was the presidential candidate of the National Reform Party, the first US presidential candidate to be assassinated.

His candidacy was advocated by the church’s Council of Twelve. The National

Reform Party confirmed the nomination in a state convention at Nauvoo, Il. on May 17, with Sidney Rigdon of Pennsylvania as his running mate. Smith and his brother were killed when a mob shot him after breaking into the jail at Carthage, Il., where he was confined awaiting trial on charges brought against him by his

personal enemies and by seceders from the church.

    1859- The melody of probably the most often sung song in the world, “Happy Birthday to You,” was composed by Mildred J. Hill, a schoolteacher born this day at Louisville, KY. Her younger sister, Patty Smith Hill, was the author of the lyrics which were first published in 1893 as “Good Morning to All,” a classroom greeting published in the book Song Stories for the Sunday School. The lyrics were amended in 1924 to include a stanza beginning “Happy Birthday to You.” Now it is sung somewhere in the world every minute of the day. Although the authors are believed to have earned very little from the song, reportedly it later generated about $1 million a year for its copyright owner. The song is expected to enter public domain upon expiration of copyright in 2010. Mildred Hill died at Chicago, IL, June 5,1916 without knowing that her melody would become the world’s most popular song.

    1861-the first Union naval officer killed in the Civil War was Captain James Harmon Ward of the Thomas Freeborn, who landed at Mathias Point, VA, on the Potomac River about 50 miles south of Washington, DC, with about 35 men and 250 sandbags to erect breastworks to unload a cannon. They were surprised by 1,500 infantrymen, who attached them and drove them off. Ward was hit in the breast by a Minie ball and died from an internal hemorrhage. He had been appointed on May 16, 1861, to command the Potomac flotilla.

http://suvcw.org/mollus/art009.htm

http://www.usna.edu/InfoTech/ward_hall.htm

http://oha.ci.alexandria.va.us/shop/fw-shop.html

    1862- May Irwin birthday - U.S. singer-actor. She popularized ragtime with such songs "After the Ball" and "A Hot Time in the Old Town Tonight." Her filmed kiss in

1896 brought demands for movie censorship.

http://www.northernstars.ca/actorsghi/irwinbio.html

http://www.northernstars.ca/actorsghi/irwin.html

http://www.garlic.com/~tgracyk/irwin.htm

    1864 --Atlanta Campaign-Battle of Kennesaw Mountain http://www.ngeorgia.com/history/kennesa http://americancivilwar.com/statepic/ga/ga015.htmlwmtn.html

http://ngeorgia.com/travel/kennesawmtn.html

http://www.cviog.uga.edu/Projects/gainfo/batkenne.htm

    1869- Emma Goldman birthday - Russian-born American anarchist and labor leader who renounced violence as a method for social change. Known in the press as "Red Emma," she was arrested several times and imprisoned for speaking out on subjects frowned on by the government, especially birth control. Her feminist stand on birth control, working conditions, free love (consensual love between two adults without coercion of church or state), and her opposition to child labor got her into more trouble with authorities than her anarchy and fiery speeches to unemployed workers. She edited the magazine Mother Earth that advocated extensive social change. She opposed the U.S. entry into World War I and was sentenced to five years in prison for opposing conscription. To get rid of her, the U.S. government canceled HER EX-HUSBAND's citizenship and said that the nullification of HIS citizenship automatically canceled hers because a U.S. married woman could only hold American citizenship in her husband's name. (At the time, native-born U.S. women LOST their citizenship if they married a man who was not native- born!) She was deported to Russia along with a large number of others but she left there to tour Europe and Canada speaking out on issues concerning the poor, the working classes, and women. She was also an advocate of European and British authors. She spoke and wrote in support of a number of the new writers including Ibsen and Shaw. She was bisexual.

http://www.graveyards.com/foresthome/goldman.html

http://sunsite.berkeley.edu/Goldman/

http://sunsite.berkeley.edu/Goldman/Guide/

    1872- birthday of African-AmericanPaul Laurence Dunbar, poet and novelist.

http://memory.loc.gov/ammem/today/jun27.html

    1923—Pianist/Composer Elmo Hope Birthday , died May 19, 1967

http://members.tripod.com/~hardbop/ehope.html

http://page.freett.com/basiemusic/elmo-hope.html

    1924- cowgirl yodeler Rosalie Allen was born in Old Forge, Pennsylvania. Popular throughout the 1940's and '50s, Allen had hits with "I Want to Be a Cowboy's Sweetheart" and "He Taught Me How to Yodel." She was often teamed with another legendary yodeler, Elton Britt. Their record hits together included "Quicksilver" and "The Yodel Blues."

http://www.hillbilly-music.com/dj/dj_details.cfm?dj_id=1810

http://www.dagmar-anita-binge.de/ccd225-226.htm

    1880- Helen Keller born - an icon of the human spirit. HK was struck blind and deaf at 19 months old by scarlet fever. She learned to communicate with the world through the efforts of Anne Sullivan who helped her develop into the most admired woman in the history of the U.S. - or the world. She became a world-wide advocate for the blind and handicapped by communicating through a system of tapping into the palm of Sullivan and vise versa. She graduated cum laude from Radcliffe with Sullivan at her side translating. (One wonders why Sullivan didn't get some recognition since everything Keller did had to go through Sullivan from being her ears to recording her thoughts.)

http://www.afb.org/info_document_view.asp?documentid=1351

http://www.time.com/time/time100/heroes/profile/keller01.html

http://www.afb.org/info_documents.asp?collectionid=1

    1888- Birthday of Antoinette Perry . She directed nearly 30 plays on Broadway including The Barrett's of Whimple Street and the even more famous Harvey. She established the American Theatre Wing in 1947. The Wing now names its annual awards for excellence in theater in her honor, recognizing her as one of the most influential people in the history of American theater. The Antoinette Perry Awards are popularly known as "The Tony.”

http://womenshistory.about.com/library/prm/bltonyaward1.htm

    1893-Birthday of Crystal Dreda Bird Fauset, American race relations specialist, state legislator, and first black woman elected to a U.S. State legislature (Pennsylvania 1938). She helped create the Swarthmore College Institute of Race Relations (1933).

    1912-Birthday of Min Okubo - award winning U.S. artist of Japanese descent was interned in 1942. She founded the literary magazine Trek with other internees. She illustrated the special Fortune magazine issue on Japan, exhibited drawings and paintings from the Japanese relocation camps, and published Citizen 13660 (1946) about her experiences in the camps. Major retrospect’s of her work have been held on both coasts.

    1927-birthday of pianist Johnny “Big Moose” Walker, Stoneville, MS http://www.storm.ca/~moparman/bmw.shtml http://www.hitsquick.com/music/Artist/Walker,Johnny_Big_Moose

    1930-birthday of H. Ross Perot, philanthropist, businessman, 1992 and 1996 presidential candidate, born Texarkana, TX. http://www.perot.org/

    1940-Cab Calloway Band with Chu Berry cuts “Ghost of a Chance,” .

    1949- “Captain Video” premiered on the Dumont network. It was the first and longest running of several TV space shows. It was created, produced, and written by my father Lawrence Menkin, who also was program manager. He also

created “Hands of Mystery” and “Harlem Detective”, the first Black television

Show ( in 1954 he was the producer of the first coast to coast television show

on NBC, employing the first Black TV writer.) Captain Video was set in the 22nd century and starred Richard Coogan as Captain Video, a human who led a squad of agents (the Video Rangers) fighting villains from their own and other worlds. Al Hodge later replaced Coogan. and the show moved to NBC. My father often played the music to the series, “The Planets,” at home and brought it

to his series. Also on the show were Don Hastings and Hal Conklin, with Ernest Borgnine, Jack Klugman and Tony Randall as guest villains. A second series, “The Secret Files of Captain Video,” began in 1953 but was discontinued in 1955, when my family moved to Pacific Palisades, California. where my father was hired by Ziv TV to write and be the editor for a number of television series, including “Highway Patrol” and later “Death Valley Days,” “Rawhide, “ “ Perry Mason,” and “Bonanza,” among many others. It was common when he was either

the executive producer or story editor that he would write under another name

as he felt other writers might thing he was a “hog.” James Cadigan was the

program manager of the Dumont Network and often named as the producer.

http://slick-net.com/space/video/rugani/index.phtml

    1950-U.S. forces were ordered to Korea by President Harry S. Truman to help South Korea repel the North Korean invasion. The president received the approval of Congress for his action and the UN Security Council adopted a U.S. resolution for armed intervention.

    1954---Top Hits

Little Things Mean a Lot - Kitty Kallen

Three Coins in the Fountain - The Four Aces

Hernando’s Hideaway - Archie Bleyer

I Don’t Hurt Anymore - Hank Snow

    1962-The American Football League conducted a special draft of veteran players to assist its two weakest teams, the Oakland Raiders and the Denver Broncos. In the league’s first two years, the Broncos had compiled a record of 7-20-1, and the Raiders were 8-20. The draft helped a bit. Denver finished 7-7 in 1962, but Oakland slipped to 1-13.

    1962---Top Hits

I Can’t Stop Loving You - Ray Charles

The Stripper - David Rose

Palisades Park - Freddy Cannon

She Thinks I Still Care - George Jones

    1963 ---Bill J Kramer & Dakotas record Lennon & McCartney "I Call Your Name

    1964- Peter and Gordon's "World Without Love" reached number one on the Billboard Hot 100 chart. Paul McCartney wrote the song, but it was listed on the record under another name to see if a McCartney tune would be successful even if no one knew he had written it. At the time he composed "World Without Love," McCartney was courting Jane Asher, the sister of Peter Asher, one- half of Peter and Gordon.

    1969- the Denver Pop Festival opened at the Mile High Stadium. Among the performers were Jimi Hendrix, Johnny Winter and Creedence Clearwater Revival. It was the last concert by the Jimi Hendrix Experience. Later that year, Hendrix formed the Band of Gypsies.

    1969 - New York City police, attempting to serve a search warrant, charged into the well-known gay hangout, the Stonewall Inn. Events quickly got out of hand. Police ejected customers, managers, bouncers. Everyone got booted outside onto the sidewalk. The crowd became increasingly unruly and someone threw a bottle at the police. The plain-clothes police team was trapped inside the bar for over two hours before the NYPD Tactical Patrol Force arrived and drove the mob from in front of the Stonewall. Police arrested and jailed many of the chanting gays. For the next few nights, the Stonewall Inn became the focal point of gay protests. The gay community began to organize and form committees to bring about change. Many feel that the Gay Liberation Movement had its beginnings with the Stonewall Inn Riots.

    1970---Top Hits

The Love You Save - The Jackson 5

Mama Told Me (Not to Come) - Three Dog Night

Ball of Confusion - The Temptations

Hello Darlin’ - Conway Twitty

    1970 - The Jackson 5: Marlon, Tito, Jackie, Randy and Michael, jumped to number one on the music charts with "The Love You Save". The song stayed at the top of the charts for two weeks. It was the third of four number one hits in a row for the group. The other three were: "I Want You Back", "ABC" and "I’ll Be There". In 15 years (from 1969 to 1984), The Jackson 5/Jacksons had 23 hits, scored two platinum singles ("Enjoy Yourself" and "Shake Your Body [Down to the Ground]") and one gold record ("State of Shock").

    1972 - Bobby Hull signed a 10-year hockey contract for $2,500,000, as he became a player and coach of the Winnipeg Jets of the World Hockey Association.

    1973- Eighteen-year –old David Clyde, a recipient of a $125,000 bonus to sign with the Texas Rangers, made his major league debut against the Minnesota Twins. the Rangers won,4-3, before 35,6908 fans, the first sellout of the year at Arlington Stadium. He lasted five years and now works at his father-in-law’s lumber yard in Tomball, Texas .

http://www.baseball-reference.com/c/clydeda01.shtml

    1978---Top Hits

Shadow Dancing - Andy Gibb

Baker Street - Gerry Rafferty

It’s a Heartache - Bonnie Tyler

I’ll Be True to You - The Oak Ridge Boys

1979-Amalya Lyle Kearse of New York City was sworn in as judge of the U.S. Court of Appeals by Chief Judge Irving Robert Kaufman at the U.S. Court of Appeals, New York City. She became the first African-American woman to become a judge of the U.S. Court of Appeals.

1980 - The "National Anthem Act", making "O Canada" Canada's national anthem, was unanimously accepted by the House of Commons and the Senate. Royal assent was also given this day. "O Canada" was officially proclaimed Canada's national anthem on July 1, 1980. Parliament had approved the song as the national anthem 13 years earlier, but the National Anthem Act made it official. "O Canada" was written by Calixa Lavallee and Adolphe-Basile Routhier, and was first performed in Quebec City in 1880. The anthem was originally known as "Chant nationale," and was not heard outside Quebec until the turn of the century. Toronto schoolteacher Robert Stanley Weir provided an English translation of the lyrics, which were changed somewhat after the parliamentary debate in 1980.

    1986---Top Hits

On My Own - Patti LaBelle & Michael McDonald

There’ll Be Sad Songs (To Make You Cry) - Billy Ocean

Crush on You - The Jets

Mama’s Never Seen Those Eyes - The Forester Sisters

    1989-The NBA draft was television for the first time by WTBS. The Sacramento Kings selected center Pervis Ellison of Louisville with the first pick.

    1990-Becoming the highest paid player in professional baseball, Jose Canseco of the Oakland Athletics signed a contract that would earn him $23,500,000 over a five-year period. By the end of 1990, 23 players had signed contracts giving them more than $3,000,000 a year.

    1991-Signaling an end to the era of a liberal Supreme Court, Associate Justice Thurgood Marshall announced his resignation from the United States Supreme Court, effective once his successor was confirmed by the US Senate. Marshall was a pioneering civil rights lawyer who helped lead the fight to end racial segregation and served as US Solicitor General prior to his appointment to the high court by President Lyndon Johnson in 1967 as the first black ever to sit on the Supreme Court. As an attorney for the NAACP, he successfully argued the case of Brown v Board of Education before the Supreme Court, ending the doctrine of “separate but equal”” Marshall’s 24-year tenure on the bench was marked by his strong liberal voice championing the rights of criminal defendants and defending abortion rights, his opposition to the death penalty and his commitment to civil rights. On July 1, 1991, President George Bush, selected Clarence Thomas, a conservative black jurist, to succeed Marshall. Thomas’s nomination was quite controversial as a former aide accused him of “sexual harassment.”

    1992 - Michael Jackson kicked off the "Dangerous" tour in Munich, Germany. 70,000 fans saw Jackson, with a helmet on and a fake rocket pack on his back, appear to fly off stage (or, maybe he really did). The tour would continue through November 11 stopping in some 42 cities

    1999 - Sporting leather thongs, feather boas and political banners, gays and lesbians took to streets around the world in festive pride parades. The 29th annual Lesbian Gay Bisexual Transgender Pride Parade and Celebration took place in San Francisco, New York, Berlin, Manila and many other cities. Among the organizations taking part were the Sisters of Perpetual Indulgence, a gay veterans group, an antique auto club for gays and Roman Catholics in favor of gay rights. The pride marches commemorate the anniversary of the Stonewall Riots, when patrons of a gay bar in Greenwich Village (New York) fought back against a police raid. The bar, the Stonewall Inn, is now on the U.S. National Register of Historic Places. Gay Parades were here to stay.

 

 

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