Fairport, NY (July 9, 2008) – Out of more than 4,600 leasing firms, First American Equipment Finance has been recognized for the 5th straight year by Monitor, Inc. as one of the top 100 largest leasing companies in the United States. The company was ranked in the May/June issue of Monitor magazine.

The Monitor 100 ranks the largest leasing companies in the United States by two (2) statistics: net assets and new business volume. This year, First American Equipment Finance again ranks in the Top 100 in both of the rankings. First American had a 20% increase in net assets and a 23% increase in new business volume from 2006 to 2007. In addition, the Monitor ranking reveals that First American is one of the nation’s largest lessors for high-technology equipment.

Regional Vice President Michael Wiedemer comments, "We're pleased to be part of the Monitor100 for the 5th straight year and excited about the growth we continue to realize as a company. We recognize that First American's growth stems from a loyal base of satisfied customers, and our staff will continue to look for innovative ways to better support customers in the years to come."

Amid the current economic environment, the company’s outlook for 2008 remains positive. Through the first six months of 2008, company officials report that new business volume and net assets have increased versus the same period last year.

About First American Equipment Finance. First American Equipment Finance specializes in leasing high-technology equipment to large corporations, education clients, and hospitals. First American is well known throughout the industry for providing outstanding customer service and excellent financial products at competitive rates. They offer a full range of sophisticated financial products and services. First American has earned a reputation for fairness, attention to detail, and excellence in every aspect of equipment leasing.