Hitachi Capital America Vendor Services and Panasas Launch New Financing Program

EDINA, Minn., Oct. 25, 2017 /PRNewswire/ -- Hitachi Capital America Vendor Services (HCA Vendor Services) announced that they have joined forces with Panasas to establish Panasas Credit Services to provide flexible purchasing options and broaden ease-of-ownership for existing and new Panasas customers. Panasas Credit Services offers flexible payment structures and pay-as-you-grow financing to simplify technology, implementation, and managed services expenses. Businesses can finance a complete technology solution, including hardware, software, services, and complementary third-party equipment.

"When it comes to technology investments, ease-of-ownership is crucial and the right financing program can provide significant business benefits to companies of all sizes," said Elliot Carpenter, Chief Financial Officer at Panasas. "With Panasas Credit Services our customers can obtain the latest storage technology with little or no upfront cost and upgrade their equipment any time during the term for optimal competitive advantage."

"We are looking forward to executing a strategic relationship with Panasas to support their growth as an industry leader within their market," said Brent Broussard, SVP of Sales at HCA Vendor Services.

About Hitachi Capital America Vendor Services
Hitachi Capital America Vendor Services provides a unique service to manufacturers of equipment and software in the form of vendor programs that are creative, competitive and professionally administered. We serve all industries, but focus on healthcare and technology. For more information, visit www.hcavs.com.

About Panasas
Panasas is the performance scale-out NAS leader for unstructured data, driving industry and research innovation by accelerating workflows and simplifying data management. Panasas ActiveStor appliances leverage the patented PanFS storage operating system and DirectFlow protocol to deliver performance and reliability at scale from an appliance that is as easy to manage as it is fast to deploy. Panasas storage is optimized for the most demanding workloads in life sciences, manufacturing, media and entertainment, energy, government as well as education environments, and has been deployed in more than 50 countries worldwide. For more information, visit www.panasas.com.

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SOURCE Hitachi Capital America Vendor Services