IBM Global Financing to Fund En Pointe Solutions for IBM's Services Business

ARMONK, NY, Jul 22 (MARKET WIRE) --
IBM Global Financing, the lending and leasing business segment of IBM
(NYSE: IBM) and the largest IT financier in the world today, announced
that it will provide inventory financing for Los Angeles-based technology
reseller En Pointe Technologies(R) (NASDAQ: ENPT), a provider of
solutions for IBM's Global Technology Services business. This move
increases IBM's capacity to respond to clients' needs quickly and with
greater flexibility now that the balance sheet of one of its suppliers is
made stronger by faster payment turnaround.

"This partnership brings benefits for both En Pointe Technologies and
IBM," said Mario Bernardis, vice president of IBM Global Financing. "IBM
Global Financing's inventory financing solution with En Pointe will help
IBM Global Technology Services reduce risks in its supply chain and help
ensure timely and dependable implementation of solutions for its
customers."

The inventory financing agreement also has significant benefits to En
Pointe, largely because of the extended payment schedules provided by IBM
Global Financing. En Pointe can expect a more predictable cash flow that
will help the company further optimize its balance sheet.

"We are quite pleased with our new funding arrangement with IBM Global
Financing that will enhance our ability to provide technology solutions
for IBM's services business," said Javed Latif, Chief Financial Officer
and Sr. Vice President, Operations, En Pointe Technologies. "IBM Global
Financing provided us with a creative commercial lending solution that
was very economically attractive and met our business needs. We believe
all parties involved will benefit and it should stand as a model to the
industry."

About IBM Global Financing

IBM Global Financing (IGF), the financing business segment of IBM and the
world's premier single-source provider for multi-vendor IT financing
solutions, serves commercial clients ranging from small businesses to the
majority of the Fortune 100. With assets of $34 billion worldwide, IGF
provides project financing, commercial financing and asset-recovery
services to 125,000 clients in more than 50 countries. Additional
information can be found at www.ibm.com/financing

About En Pointe Technologies, Inc.

En Pointe Technologies, Inc. provides the information technology
marketplace, including mid-market and enterprise accounts, government
agencies, and educational institutions nationwide, with computer hardware,
software, and information security. En Pointe has the flexibility to
customize information technology services to fulfill the unique needs of
each of its customers.

CONTACT:
Fred Clarke (IBM)
914-715-5986 (cell)
914-765-6700 (office) or
fredc@us.ibm.com

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