For Immediate Release

eLease Announces Promotion of Mark Williams to Vice President

St Petersburg , FL - October 3, 2007 - eLease, a nationwide provider of equipment leasing and finance, announced today that Mark Williams will be promoted to Vice President and increase his managerial responsibilities in the companies Florida headquarters.

Tom Williams, CEO of eLease, said, “Mark is an outstanding leader and a natural choice for this position. With our recent growth, it has become clear that we needed someone in headquarters to oversee operations and make sure we are expanding in the right direction. Mark found himself already playing that role and it was time to acknowledge that with the appropriate title and responsibilities.”

Mark Williams, who will be taking on the new title, says, “This year we have put in place a number of strategic partnerships that have demanded a lot of Tom’s time and have increasingly pulled him away from the day-to-day company activities. My goal is to continue our momentum and fuel growth in our market. This should give Tom the time to focus on building relationships that are so important to our long-term growth.”

In its 12th year of business, eLease plans to continue to build out it sales team by adding key employees. The company has experienced sold growth for the two years and is well positioned for another growth phase.

About eLease
eLease is a nationwide provider of equipment financing and leasing solutions to growing companies in the United States . Since the company’s inception in 1995, eLease has funded thousands of companies ensuring that they have the equipment they need to compete in today’s market. eLease focuses on equipment from $3,000 to $1,000,000 located in the United States . The company is led by seasoned leasing professionals focusing on the ever changing needs of equipment vendors and business owners.

eLease is based in Saint Petersburg , FL. Additional information can be found at www.elease.com. For press contact please email info@elease.com or call 800-499-2577.