EquipNet Opens India Office

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EquipNet expands presence in Asia.

EquipNet is uniquely positioned to help Indian companies manage their surplus assets on both a global and local level

EquipNet, Inc., the leading provider of proactive asset management solutions, today announced the opening of its India office, EquipNet India Pvt. Ltd. The announcement marks an expanded Asian presence following the opening of the company's Singapore office in June. The Indian-owned subsidiary is the latest addition to the list of global locations for EquipNet, which has seen a rapid increase in demand for its services.

By providing sales and services from employees that understand the various local marketplaces, the India office will be able to provide EquipNet's global industry expertise to the sub-continent. The new office will allow EquipNet to more directly serve the sub-continent, a market that is projected to grow exponentially over the next few years.

"EquipNet is uniquely positioned to help Indian companies manage their surplus assets on both a global and local level," said Roger Gallo, president and CEO of EquipNet, Inc. "We are excited about the opportunity to directly serve the region and to be considered a truly local partner."

EquipNet India Pvt. Ltd., A 701, Dyanmudra, Link Road, Mumbai - 400 068, India. The office can be reached at +91 22 28480883.

About EquipNet, Inc.:
EquipNet is a leading provider of proactive asset management solutions and services to leading corporations such as Colgate-Palmolive, Eastman Chemical, GlaxoSmithKline, Iron Mountain, and Blue Cross Blue Shield of Massachusetts. Its vision is to revolutionize the way companies manage their surplus assets. EquipNet has earned a reputation for helping clients maximize their financial return; avoid the risks associated with health, safety and environmental hazards, and theft, and to be in compliance with Sarbanes-Oxley. For more information, please visit http://www.EquipNet.com.

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Prashant Kaw
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