News Releases
Singapore, August 1, 2008 – JDSU today announced that its communications test and measurement products will be offered for rent, lease and rent-to-own through ORIX Rentec (Singapore) Pte. Ltd. The agreement extends the availability of, and financing options for, JDSU’s innovative test solutions for broadband network and service deployment.
The arrangement will broaden the accessibility and expand purchasing options for customers interested in the full range of JDSU test products, including the widely deployed T-BERD/MTS 8000 optical test platform by offering alternative, competitive financing options such as short- and long-term rental, among other benefits.
“JDSU looks forward to providing cost-effective, broadband network test solutions with ORIX Rentec, a leader in the rental of communications test solutions,” said Bart Freedman, senior vice president in JDSU Communications Test and Measurement business segment sales. “Through ORIX Rentec, customers can benefit from reliable test solutions through options specific to their network performance and budget requirements.”
“ORIX Rentec is excited to add JDSU’s highly regarded test products to our premier equipment rental offering,” said Patrick Choi, senior vice president of ORIX Rentec (Singapore) Pte. Ltd. “We look forward to providing a new option for network operators, equipment manufacturers and other customers to gain the benefits of test tools that increase productivity and service quality while reducing operational costs.”
ORIX Rentec is a proven leader in the test equipment rental industry. Customers renting or leasing JDSU products from ORIX Rentec also gain the benefits of dedicated capital asset management, project management and technical support.
About JDSU
JDSU (NASDAQ: JDSU; and TSX: JDU) enables broadband and optical innovation in the communications, commercial and consumer markets. JDSU is the leading provider of communications test and measurement solutions and optical products for telecommunications service providers, cable operators, and network equipment manufacturers. JDSU is also a leading provider of innovative optical solutions for medical/environmental instrumentation, semiconductor processing, display, brand authentication, aerospace and defense, and decorative applications. More information is available at http://www.jdsu.com/.
About ORIX Rentec
ORIX Rentec Corporation (headquartered in Japan) is the world's largest test equipment rental company. Established in 1976, ORIX Rentec is renowned for offering cost effective rental solutions to the world’s leading telecommunications companies. ORIX Rentec extends its professional services worldwide through its network of overseas offices.
ORIX Rentec (Singapore) Pte. Ltd. (ORS) was established in 1995 and offers rental and operating lease services of test equipment and computers to corporate customers both in Singapore and other Asian/Oceania countries. In addition to rentals, ORS is also a reseller of rental equipment/computers in the secondhand market. More information can be found at http://www.orix-rentec.com.sg/.
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Contact Information
JDSU
Investors: Michelle Levine, 408-546-4421, michelle.levine@jdsu.com
Press: Bernie Tylor, 240-404-1913, bernie.tylor@jdsu.com
ORIX Rentec (Singapore) Pte. Ltd.
Patrick Choi, 65-6745-4515, patrickchoi@orix-rentec.com.sg
