"Acento is leading in the Nordic region within build up, implementation and operation of equivalent business for sales financing and will contribute with substantial experience in the cooperation. Acento has access to the IT systems, routines and work processes necessary to make a financing company function optimal. The cooperation with Acento secures a quick start-up, monitoring results, and reduced commercial risk."

Jo Lunder, previous CEO Atea AS (from Atea AS press release)

 

"PSI Group has decided to establish PSI Finance in Norway and Sweden to accomodate the increasing demand from our customers towards flexible financial solutions. PSI Group will through this take ownership and enter the valuechain in order to create a better product for our customers. Acento Finance will, with their extensive knowledge, long term experience and established infrastucture, be responsible for establishment, implementation and running the operation. "

Erik Pinnås, Founder and previous CEO PSI Group ASA (from PSI Groups Q2-2005 report)
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Atea

Acento and Atea signed a contract to bulid 4 joint venture finance companies, one in each of the Nordic countries. Acento's mission was to build a new business unit "Atea Financial Services". The companies were started with a minimum of capital investment, and were profitable within a few quarters after they were established.

Atea  Financial Serives has been a great success for both parties and top management in Atea sees Acento as key to this development.

Atea is by far the largest IT reseller in the Nordic markedspace and the 3.rd largest in Europe. For more information see www.atea.com
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PSI Finance

PSI and Acento signed an agreement to establish PSI Finance in Norway and Sweden in Q2-2005.

The customers got a tailored financial solution and PSI has built a considerable portfolio of continous contracts with their customer base. This has resulted in examples of trade-in campaigns to their exisiting leasing customers where more then 200 cash-guard have been sold.

In 2005 less then 5% of PSI's customers in Norway and Sweden chose to finance their investments, whereas today the figure has reached 35%.

For more information on PSI Group see www.psigroup.no