Electro Rent inks multiple distribution agreements

September 13, 2006 -- Electro Rent Corp., a specialist in short-term rental and leasing of electronic test equipment, announced that it has entered into North American distribution agreements with Agilent Technologies, Hioki, and RAE Systems for a range of basic test and measurement (T&M) products from these manufacturers, while creating a distribution products group to manage this new sales channel.

"New product distribution complements our T&M equipment rental, lease, and used product business, and makes Electro Rent a more comprehensive supplier than ever before," asserts Gary Phillips, senior vice president at Electro Rent. "We have steadily added value for our customers by broadening and deepening our T&M rental inventory, offering innovative leasing, purchase option and trade-in programs, and expanding our service capabilities geographically with new offices in China and Europe."

Scott Wrinkle, a ten-year veteran in the T&M industry who joined Electro Rent in 2000, will manage the company's new distribution products group. The company's equipment inventory provides access to a range of testing applications, including RF and microwave, for both optical and digital designs.

"New product distribution has the potential to become an important source of growth for Electro Rent," concludes Phillips. "We plan to support this initiative with campaigns to promote the sale of distribution products to our existing customers, and to develop new customers for Electro Rent's full range of services. We also will seek to distribute additional product lines as we gain a clearer picture of how best to meet customer demand."