SAN JOSE, Calif.--(BUSINESS WIRE)--July 19, 1996--Leasing Solutions, Inc. (NASDAQ: LSSI), announced today that Robert Cope has joined Leasing Solutions International Ltd. as Corporate Sales Manager.

Cope will initially focus on implementing Leasing Solutions' vendor leasing program with Dell Computer throughout Europe.

"Robert's knowledge of high technology and his direct leasing experience significantly enhances our European operations. Robert is a seasoned manager and will complement the skill set of our European management team, " said Hal Krauter, Leasing Solutions' President.

"Our international expansion strategy was validated by the signing of the Dell European vendor program in May. The addition of experienced managers, such as Robert, reflects our commitment to managed growth as we begin to meet the international needs of our multi-national vendor partners and customers," added Krauter.

Cope was most recently a consultant with MFS Communications, a large telecommunications company, where he evaluated European market opportunities and developed business plans for new operations in Europe.

Prior to that, Cope was with Digital Equipment Corporation, where he was the European Operations Manager and subsequently the Marketing Manager for Digital's European Leasing Program. In this position Cope created and developed DEClease joint ventures in several countries throughout Europe.

Cope has also been with IBM at various European locations, where he held a range of sales and senior management positions. He also worked for IBM's European leasing company, Financing Services International Ltd., where he held management roles for both product and country operations. During this period, Cope successfully launched the Total System Lease throughout Europe in support of IBM's AS400 product announcement.

Cope holds a graduate degree in Engineering and Management Studies from Cambridge University.

Leasing Solutions, founded in 1986, is a full-service vendor leasing company that specializes in leasing information processing and communications equipment, principally to large, corporate customers. Most leases written by the Company qualify as operating leases.

Leasing Solutions has purchased over $750 million of equipment, representing over 200,000 assets, and currently services over 400 customers. Based in San Jose, the Company maintains regional leasing offices in Atlanta, Boston, Chicago, Dallas, San Jose and the United Kingdom.