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For Immediate Release
August 4, 2003

Industry Veterans Launch Unique Vehicle Leasing Enterprise

Birmingham, Ala., August 4, 2003 — Three veterans of the leasing industry have joined to launch Central Fleet Leasing, a new company that specializes in leasing vehicles to commercial clients. The new company leases vehicles of all types solely for business use, ranging from fleets of two or three cars to several hundred. It focuses on light- to medium-duty trucks and corporate vehicles, but can handle leases for any type of vehicle, including tractors and trailers. In its first month of business, Central Fleet Leasing has already leased more than 60 vehicles to companies in the Southeast for commercial use.

The company’s founders include Doug Mills, president of Central Leasing Corporation; Shawn Lowe, founder and former president of CapitalPartners Leasing, Inc., and senior business development officer of Central Leasing Corporation; and Sandy Roden, owner of LeaseLinc and 20-year veteran of the vehicle leasing industry. The new company shares offices with and operates as a division of Central Leasing Corporation, a successful commercial leasing company with 15 years of experience.

Clients of Central Fleet Leasing rely on the company for its:

• Convenience. Clients simply describe the type of vehicles they need and Central Fleet Leasing takes over from there, locating the exact vehicles, structuring the lease, and delivering the vehicles, without clients ever leaving their offices.
• Quick Turnaround. Central Fleet Leasing prides itself on delivering requested vehicles to clients in record time, usually within 24 hours.
• Custom Leasing. Every lease is structured individually, designed to meet the company’s specific needs for miles, length of lease, and other requirements.

Central Fleet Leasing is a division of Central Leasing Corporation, a business-to-business leasing firm that finances all types of commercial equipment, allowing its customers to improve efficiency by making state-of-the-art equipment immediately affordable. Based in Birmingham, Ala., the company serves customers across the Southeastern United States and specializes in leasing industrial and construction products; computer, communications, and medical equipment; office products; and vehicles. For more information, call Central Leasing at (205) 979-8844 or visit www.centralleasing.com.

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