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Olympus Announces New 0% Financing Program For Healthcare

August, 1999, Melville, N.Y. USA…Olympus Financial Services, a division of Olympus America Inc., has expanded its Capitation Financing Options menu with the introduction of the new, reimbursement sensitive, cost capitated, Olympus 0% Financing Program. A unique and comprehensive financing instrument, the new program facilitates the acquisition and utilization of leading edge Olympus healthcare products and services including various imaging and therapeutic modalities for which Olympus is renowned. The program is a 0% interest, $0 down payment operating lease. Transaction terms range up to 36 months and payments can be made on a unique, pay-as-you-go, usage-oriented basis under our proprietary Cost-Per-Procedure Program.

The 0% Financing Program can be applied to a full range of Olympus healthcare products and services, including: endoscopy products (fiberoptic, video and ultrasound); surgical products, both handcrafted instrumentation and video imaging technology; microscopes and microtomes; as well as Olympus clinical chemistry analyzers.

In addition, provider life cycle cost capitation objectives can be achieved by the inclusion of service and endo-therapy products where they apply. Usage-based options such as Cost-Per-Procedure (CPP) and Cost-Per-Test (CPT) financing are available to further help preserve cash flow margins. Both CPP and CPT enable healthcare providers to match revenues to expenses, thereby fixing costs for each procedure performed and generating predictable gross margins and cash flows at a procedure level.

The new Olympus 0% Financing Program is available until 12/31/99. All financing is subject to credit review and approval, as well as the execution of documentation acceptable to Olympus.

For more detailed information regarding Olympus 0% and other financing programs, please contact:
Mr. Tom Sawyer
Olympus Financial Services
Two Corporate Center Drive
Melville, New York 11747-3157
Tel: 1-888-4YourRX (496-8779)
Email: sawyet@olympus.com