AVST and CIT Enter Strategic Relationship
New Partnership Arms AVST Resellers and Customers with Greater Financing Options for Unified Communications Solutions
Foothill Ranch, Calif., January 30, 2007 – Applied Voice & Speech Technologies, Inc. (AVST) today announced it has signed an agreement with CIT Technology Financing Services, Inc., a unit of CIT Group Inc. a leading global provider of commercial and consumer finance solutions. Through the agreement, CIT will provide AVST resellers and end-user customers with easy, flexible and innovative financing solutions for its CallXpress product line and related IP telephony equipment.
A leading provider of unified communications solutions, AVST has partnered with CIT to enable businesses of all sizes to realize the business and productivity benefits of a second generation communications platform through flexible financing options. AVST’s CallXpress platform delivers world-class call processing, voice messaging, unified messaging and advanced speech applications and increases employee productivity, effectiveness and collaboration at a minimal investment.
Ron Arrington, President of CIT Vendor Finance
AVST has introduced the new program to its 180
CIT Vendor Finance is a global leader in financing solutions that drive incremental revenues for manufacturers, distributors, and other intermediaries. It provides customized financing solutions to customers in nearly 40 countries, supporting a wide variety of industries, including health care, industrial equipment, and technology.
About CIT
CIT Group Inc. (NYSE: CIT), a leading commercial and consumer finance company, provides clients with financing and leasing products and advisory services. Founded in 1908, CIT has more than $74 billion in managed assets and possesses the financial resources, industry expertise and product knowledge to serve the needs of clients across approximately 30 industries worldwide. CIT, a Fortune 500 company and a member of the S&P 500 Index, holds leading positions in cash flow lending, vendor financing, factoring, equipment and transportation financing, Small Business Administration loans, and asset-based lending. With its global headquarters in
About AVST
The typical enterprise communications infrastructure is made up of a collection of technologies from multiple vendors, acquired over time and never intended to work together. To maximize user and business productivity, while leveraging existing IT investments, interoperability is a must.
AVST delivers the industry's most interoperable Unified Communications (UC) platform that brings best-of-breed voice, mobility and business process solutions to the enterprise. Unlike virtually every other UC vendor, AVST does not constrain customers with a single vendor lock-in approach. In fact, it's the very opposite. By connecting new and existing technologies, AVST frees organizations from the constraints of a closed, single-source UC solution, unlocking the full potential of their communications infrastructure.
With over 15 million users worldwide and three decades of innovation excellence, AVST is unifying communications®.
Headquartered in Orange County, California, AVST maintains facilities in Seattle, Washington, Victoria B.C., Canada and the United Kingdom and has remote sales offices throughout the United States. AVST's UC solutions are sold and supported worldwide by an extensive network of resellers and OEM partners. To learn more about AVST, our products and partners, please visit www.avst.com or you can follow us at Twitter, Facebook or LinkedIn.
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