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16 February 2012

Syscap appoints The Asset Works

The Asset Works, a global leader in leased asset management and verification services has been appointed by Syscap, the independent finance provider. The Asset Works will implement asset verification services and management solutions for Syscap’s education and local government clients.

The new technology from The Asset Works will mean that Syscap and its clients can effectively track and monitor the equipment throughout its lifecycle.

Syscap, provides funding for ICT investment across many areas of the public sector. Leasing equipment offers schools and local government a straightforward way to spread the cost of technology investment and future upgrades, making schools less vulnerable to fluctuations in funding.

A recent Ofsted report noted that; ‘Many schools had not evaluated IT investments and that there was a low awareness of the consequences of the depreciation of their IT investments’.

Phillip White, Chief Executive, Syscap, says: “The technology provided by The Asset Works will allow Syscap and our clients to actually track and monitor equipment and its exact geographical location. Having a better grasp on ICT equipment will help our clients save money and ensure that their IT equipment is fully up to date. In these difficult economic times it is crucial that we look for ways to provide our clients with efficient money-saving devices.”

David de Silva, Director and Co-founder at The Asset Works, adds: “We’re delighted to be working alongside Syscap in order to release modified versions of our solutions to meet the specific needs of their education and local government clients. This represents a great opportunity for us to tackle new business sectors and to work with such a well –respected organisation as Syscap.”

The Asset Works provides global asset management and verification services specifically to the leasing and asset financing industries. The assetaware software provides solutions which enable lessors to easily and cost effectively obtain asset identification and location data, together with condition and usage information and photographs. It also provides secure asset verification by incorporating anti-tamper technology to prevent labels being removed without the lessor knowing. The Asset Works also provides physical asset audit verification in any country.

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