TOLL FREE
888.771.0996
888.771.0996
ADDRESSSUN ERGOLINE
A DIVISION OF
JK PRODUCTS & SERVICES
1 WALTER KRATZ DRIVE
JONESBORO, AR 72401
CALL: 888.771.0996
LIFESTYLE-PHOTOS:
ESTHER HAASE
PRODUCT-PHOTOS:
RALF HÄSELICH,
PHOTOGRAPHIC ART
CONCEPT & REALISATION:
MADE BY DOUNIQUE
A DIVISION OF
JK PRODUCTS & SERVICES
1 WALTER KRATZ DRIVE
JONESBORO, AR 72401
CALL: 888.771.0996
LIFESTYLE-PHOTOS:
ESTHER HAASE
PRODUCT-PHOTOS:
RALF HÄSELICH,
PHOTOGRAPHIC ART
CONCEPT & REALISATION:
MADE BY DOUNIQUE
JK CAPITAL GETS MAJOR INVESTMENT FROM GERMAN BANK
Bayerische Hypo-und Vereinsbank AG Provides $20 Million For Leasing
PRESS RELEASE
FOR IMMEDIATE RELEASE
JK CAPITAL GETS MAJOR INVESTMENT FROM GERMAN BANK
Bayerische Hypo-und Vereinsbank AG Provides $20 Million For Leasing
Jonesboro, Arkansas – January 2006 – John Deacon, Executive Director of JK Capital, announces a $20 million investment from German bank Bayerische Hypo-und Vereinsbank AG that will go towards future product leases of new Ergoline, Soltron and Wellsystem equipment within the United States. After months of structuring to accommodate the unique leasing model of JK Capital, representatives of the German bank met Mr. Deacon at the ITA trade show in Nashville, TN followed by a tour of the JK Products & Services, Inc. facility in Jonesboro, AR. Final approval of the expenditure followed quickly thereafter.
This infusion of additional resources is expected to increase leasing revenues into JK Capital by 300% over five years. Benefiting salon owners, it provides the opportunity for them to upgrade equipment or start new salon ventures. This, in turn, increases equipment sales to the affiliated JK North America companies and helps expand the overall market.
“The commitment of $20 million by Bayerische Hypo-und Vereinsbank AG validates both the leasing model that JK Capital has implemented since 2002 and the worldwide leadership position of the JK affiliated companies,” said John Deacon, Executive Director of JK Capital. “The industry position of the Ergoline and Soltron brands ‘sealed the deal’ when the bank studied market share, brand quality, customer retention and residual values. By combining these product and brand strengths, with the portfolio performance of JK Capital, it was a winning combination. The result of this venture will enable JK Capital to provide additional financing options for equipment acquisitions for salon owners throughout the country.”
For more information on JK Capital call toll-free 800-643-0086 or visit www.jkleasing-us.com. JK Capital is a division of JK Products & Services, Inc. and a proud member of the JK family of companies.
ABOUT JK-HOLDING:
JK-Holding is the world's leading manufacturer of professional tanning equipment. In Germany, the company with its brands Ergoline and Soltron has a market share of over 65%.
In the United States, JK North America is comprised of JK Products & Services, Inc., Global Sun Light and JK Capital. JK Products & Services, Inc. markets distinct and universally recognized brands: Ergoline, Soltron, Sundash, Wellsystem, SunLync and T.W. Tan. Ergoline (www.ergoline.us) stands for European "High Class Tanning". Soltron, Inc. (www.soltron.us) offers tanning with dramatic, mood-enhancing color combinations. Sundash (www.sundash.com) is the American icon for "Performance Tanning". Wellsystem (www.wellsystem.com) provides relaxation through hydrotherapy. SunLync LLC (www.sunlync.com) has the latest in salon software coupled with the best technical support in the industry. T.W. Tan (www.twtan.com) provides tanning lotions, merchandise and accessories. Global Sun Light, Inc. (www.globalsunlight.com) is focused on marketing UV lamps and accessories for sunbeds and tanning salons. JK Capital (www.jkleasing-us.com) offers leasing agreements for current and prospective salon owners.
© 2006 JK North America, Inc. All related trademarks, logos and trade dress are trademarks or registered trademarks in the United States and other countries and may not be used without written permission. All other names are property of their respective owners.
# # #
CONTACT
Geoff Mukhtar
Marketing Communications
1.800.235.8555 Ext. 2792
geoffm@jkamerica.com
FOR IMMEDIATE RELEASE
JK CAPITAL GETS MAJOR INVESTMENT FROM GERMAN BANK
Bayerische Hypo-und Vereinsbank AG Provides $20 Million For Leasing
Jonesboro, Arkansas – January 2006 – John Deacon, Executive Director of JK Capital, announces a $20 million investment from German bank Bayerische Hypo-und Vereinsbank AG that will go towards future product leases of new Ergoline, Soltron and Wellsystem equipment within the United States. After months of structuring to accommodate the unique leasing model of JK Capital, representatives of the German bank met Mr. Deacon at the ITA trade show in Nashville, TN followed by a tour of the JK Products & Services, Inc. facility in Jonesboro, AR. Final approval of the expenditure followed quickly thereafter.
This infusion of additional resources is expected to increase leasing revenues into JK Capital by 300% over five years. Benefiting salon owners, it provides the opportunity for them to upgrade equipment or start new salon ventures. This, in turn, increases equipment sales to the affiliated JK North America companies and helps expand the overall market.
“The commitment of $20 million by Bayerische Hypo-und Vereinsbank AG validates both the leasing model that JK Capital has implemented since 2002 and the worldwide leadership position of the JK affiliated companies,” said John Deacon, Executive Director of JK Capital. “The industry position of the Ergoline and Soltron brands ‘sealed the deal’ when the bank studied market share, brand quality, customer retention and residual values. By combining these product and brand strengths, with the portfolio performance of JK Capital, it was a winning combination. The result of this venture will enable JK Capital to provide additional financing options for equipment acquisitions for salon owners throughout the country.”
For more information on JK Capital call toll-free 800-643-0086 or visit www.jkleasing-us.com. JK Capital is a division of JK Products & Services, Inc. and a proud member of the JK family of companies.
ABOUT JK-HOLDING:
JK-Holding is the world's leading manufacturer of professional tanning equipment. In Germany, the company with its brands Ergoline and Soltron has a market share of over 65%.
In the United States, JK North America is comprised of JK Products & Services, Inc., Global Sun Light and JK Capital. JK Products & Services, Inc. markets distinct and universally recognized brands: Ergoline, Soltron, Sundash, Wellsystem, SunLync and T.W. Tan. Ergoline (www.ergoline.us) stands for European "High Class Tanning". Soltron, Inc. (www.soltron.us) offers tanning with dramatic, mood-enhancing color combinations. Sundash (www.sundash.com) is the American icon for "Performance Tanning". Wellsystem (www.wellsystem.com) provides relaxation through hydrotherapy. SunLync LLC (www.sunlync.com) has the latest in salon software coupled with the best technical support in the industry. T.W. Tan (www.twtan.com) provides tanning lotions, merchandise and accessories. Global Sun Light, Inc. (www.globalsunlight.com) is focused on marketing UV lamps and accessories for sunbeds and tanning salons. JK Capital (www.jkleasing-us.com) offers leasing agreements for current and prospective salon owners.
© 2006 JK North America, Inc. All related trademarks, logos and trade dress are trademarks or registered trademarks in the United States and other countries and may not be used without written permission. All other names are property of their respective owners.
# # #
CONTACT
Geoff Mukhtar
Marketing Communications
1.800.235.8555 Ext. 2792
geoffm@jkamerica.com
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