Radio Holland Group selects Key Equipment Finance

July 31 2008

Radio Holland Group announced that they selected Key Equipment Finance, one of the largest bank-held equipment leasing companies in the United States and an affiliate of KeyCorp (NYSE: KEY) as leasing partner. Radio Holland Group headquartered in Rotterdam and member of Imtech N.V., specializes in the supply, installation, integration and service of maritime electronics and also provides satellite airtime.

The relationship with Key Equipment Finance enables Radio Holland Group to offer total financing solutions to customers interested in its electronics equipment, installation and service. This complete financing program will allow Radio Holland Group to offer its customers in the United States, Europe and Asia Pacific one-stop shopping and financing, equipment upgrade flexibility and better asset management.

"By offering our customers the full spectrum of equipment and financing options, we know we are continuing to provide them with the complete solution they've come to expect," said Rob Verkuil, manager of RH Connect at Radio Holland Group. "Key Equipment Finance is known for being a global leader in the equipment finance business, and we look forward to working with Key to take our customer support to the next level."

"Radio Holland Group is a worldwide leader in the growing market of maritime electronics, and we are excited to have the opportunity to support it and its clients," said Adam D. Warner, president and COO of Key Equipment Finance. "Radio Holland Group is constantly focused on electronic and functional innovation, so I anticipate this new financing program will help it generate even greater satisfaction with its many and varied customers."

About Key Equipment Finance

Key Equipment Finance is an affiliate of KeyCorp (NYSE: KEY) and provides business-to-business equipment financing solutions to businesses of many types and sizes. They focus on four distinct markets:

  • businesses of all sizes in the United States and Canada  (from small business to large corporate);
  • global equipment manufacturers, distributors and value-added resellers;
  • U.S. federal, provincial, state and local governments as well as other public sector organizations; and
  • lease advisory services for manufacturers' captive leasing and finance companies.

Headquartered outside Boulder, Colorado, Key Equipment Finance manages a $14.9 billion equipment portfolio with annual originations of approximately $6.3 billion. The company has major management and operations bases in Chicago, Illinois; Albany, New York; Toronto, Ontario; London, England; and Sydney, Australia. The company, which operates in 26 countries and employs 1,000 people worldwide, has been in the equipment financing business for more than 30 years. Additional information regarding Key Equipment Finance, its products and services can be obtained online at http://www.KEFonline.com and http://www.KEFonline.eu.