Under this vendor program, Leasing Solutions will make available a complete range of lease financing alternatives for NCR's corporate customers. This arrangement will provide Leasing Solutions with an opportunity to increase its leasing activity with large, corporate customers, as well as increase its lease volume and diversify its lease portfolio. This program is intended to complement NCR's existing vendor program with one of its affiliates.

With domestic annual sales of approximately $400 million, NCR's Enterprise Computing Division is a market leader for commercial parallel processing systems.

NCR's computer platforms are integrated with the UNIX operating environment and feature the Teradata parallel relational database system that is capable of processing large volumes of transactions, as well as store, correlate and analyze massive amounts of information. Prior to AT&T's acquisition of NCR and Teradata, Leasing Solutions had a very successful vendor program with Terdata covering similar products.

"Many large corporate businesses generate massive amounts of mission critical data about customers, markets and internal operations. In order to remain competitive, these businesses must be able to store and analyze information without delay," said Hal Krauter, Leasing Solutions' president.

"We participated very successfully with Teradata in this market segment previously and are delighted to be able to do so again with NCR. This program has the potential to generate significant levels of lease transaction volume in the future," Krauter added.

Leasing Solutions is a full-service vendor leasing company that specializes in leasing information processing and communications equipment, principally to large creditworthy customers. Most leases written by the company qualify as operating leases.

Leasing Solutions has purchased over $750 million of equipment, representing over 275,000 assets, and currently services over 400 customers. Based in San Jose, the company maintains regional leasing offices in the Atlanta, Boston, Chicago, Dallas, Los Angeles, New York City, San Jose metropolitan areas and the United Kingdom.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release which are not historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties, including, without limitation, demand and competition for the Company's lease financing services and the products to be leased by the Company, the continued availability to the Company of adequate financing, the ability of the Company to recover its investment in equipment through remarketing, and other risks or uncertainties detailed in the Company's Securities and Exchange Commission filings.