Boston Semi K.K. Establishes Partnership With Showa Leasing

BURLINGTON, MA and TOKYO--(Marketwire - Nov 16, 2011) - Boston Semi K.K., a subsidiary of Boston Semi Equipment LLC (BSE Group), today announced that it has established a partnership agreement with Showa Leasing Co., Ltd. (Tokyo, Japan), a member of the Shinsei Bank Group. The partnership will focus on providing flexible financing to customers as well as the purchase and sale of equipment in the secondary market for semiconductor equipment.

"The relationship between Boston Semi K.K. and Showa Leasing further reinforces our commitment to doing business in Japan serving the Japanese semiconductor market. The combination of the BSE Group's knowledge and experience in the secondary semiconductor equipment market and Showa Leasing's financial knowledge and experience in the Japanese market will expand our semiconductor equipment business within the Japanese market," stated Bryan Banish, Boston Semi K.K. Representative Director.

Showa Leasing, headquartered in Tokyo, has an excellent reputation as a general leasing company. Servicing its customers from 16 offices throughout Japan, Showa Leasing has wide coverage of the Japanese market. "Our coverage of the Japanese market and the innovative approach to equipment financing we have developed over 40 years of serving our customers, is a synergetic combination with Boston Semi K.K.'s unique approach to the secondary market for semiconductor equipment," commented Akimasa Tsuchiya, President and CEO, Showa Leasing. "The partnership with Boston Semi K.K. combines the strengths of our companies and makes more equipment acquisition options available to semiconductor companies within Japan," concluded Tsuchiya.

Boston Semi KK and Showa are actively engaged in lease opportunities with Japanese companies.

BSE Group
Boston Semi Equipment LLC (BSE Group) is a holding company for a portfolio of companies providing affordable equipment and service solutions to semiconductor manufacturers. Together, BSE Group and its subsidiaries partner with customers and equipment suppliers to lower cost of ownership while optimizing flexibility and operating leverage. The company simplifies the equipment acquisition process by offering a broad range of financing solutions to its customers to facilitate the lease, rental, and purchase of new and used equipment. Learn more at www.bsegroup.com.

Showa Leasing
Showa Leasing, founded in 1969, has built its base as a general leasing company by expanding operations with the support of customers. Headquartered in Tokyo, the company has a total of 16 offices in Japan. From effective sales activities tailored to local needs, to dynamic projects on a nationwide scale, each of the Company's services is delivered with utmost efficiency. Showa Leasing strives to satisfy and earn the trust of customers by providing unique products and developing innovative proposals. Learn more at http://www.s-l.co.jp/english/.