Press Release

Corporate Information

PENTECH FINANCIAL EXPANDS SALES TEAM

Sincleair Promoted, Schaubeck Added To Sales Team

CAMPBELL, Calif. - Jan. 24, 2008 -- Pentech Financial Services, Inc., a leading funding source in small ticket and commercial lease financing for businesses nationwide, has announced two key personnel additions that will augment the 30-year old firm's marketing capabilities.

Pentech has promoted Jason Sincleair to National Sales Manager and has appointed Michael Schaubeck its Regional Sales Manager, it was announced today. The appointments are effective immediately.

According to Brad Brisbin, Vice President, Sales and Marketing for Pentech, Mr. Sincleair and Mr. Schaubeck, both veterans of the leasing industry, will be responsible for developing and serving the company's relationships with its extensive national network of brokers involved with Pentech's Navigator lease funding program.

Formerly the company's Regional Sales Manager, Mr. Sincleair will continue to be based in Plano (Dallas), Texas while Mr. Schaubeck will report to him from New York. The corporate and administrative headquarters of Pentech Financial Services are in Campbell, Calif. The firm's lease funding division is in San Diego.

Before this current promotion, Mr. Sincleair served Pentech as Regional Sales Manager for the company's Navigator Program. Previously, he was at Pioneer Capital/IFC where he served as a sales account executive.

Mr. Schaubeck comes to Pentech from Financial Pacific Leasing where he served as a regional Broker Relations Manager. Prior to that, he was Vice President in the Equipment Leasing Divisions of Lakeland Bank in New Jersey and of European American Bank in New York. He is a graduate of Hunter College in New York.

About Pentech Financial Services, Inc.

Headquartered in Campbell, Calif., with an office in San Diego, Pentech Financial Services is a leading provider of small ticket and commercial lease financing in the B-C credit market nationwide. Founded in 1978, Pentech has provided more than a billion dollars worth of lease financing to small and mid-sized companies across the country.

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