ADVANTAGE-X INC. OFFERS XEROX SOLUTION TO CIO'S/CFO'S SEEKING 2002 TAX BENEFITS

(POMPANO BEACH, FL )— CFO’s are leveraging the 2002 Tax Act to increase year-end performance with last minute purchasing of big ticket items, such as high-end Xerox laser printers. They need look no further than Advantage-X, an independent service organization that competes directly with Xerox, typically for the same model equipment.

In essence, the 2002 Tax Act signed By President Bush earlier this year reads:

New 30% First-Year Special Depreciation Allowance
If you acquired depreciable property after September 10, 2001, with a recovery period of 20 years or less, you may be able to claim an additional 30% first-year depreciation allowance. More generous depreciation rules apply to certain property acquired after September 10, 2001, and used in the area of New York City damaged in the September 11, 2001, terrorist attacks. Visit IRS.gov for rules and forms

"Our equipment sells for up to $250,000 and with a normal 5 year depreciation schedule, the tax implications are tremendous", says Jane Beekmann, President of Advantage-X Inc. "Customers already save 30-50% off equipment purchase and lease rates because of our low overhead compared to Xerox." With such a sizable investment, the normal sales cycle in the industry is about 90-120 days, meaning many businesses could lose the tax savings unless they act quickly. The stakes are high when changing vendors, particularly in data centers that print millions of bills, statements, and travel tickets every month. Downtime can quickly impact profitability. Advantage X’s price, low service technician to printer ratio, and equipment performance are key reasons companies switch to their service.
To enable CFO’s to leverage tax depreciation benefits, Advantage-X is removing all risk with these guarantees for anyone who needs to close a deal in December 2002:

1. Deferred maintenance agreement payments for 24 X 7 service for 60 days on all newly purchased equipment. If a buyer is dissatisfied with service performance, they’ll pay no service fees and the agreement will be cancelled without penalty.
2. Lifetime equipment replacement agreement. The equipment will be replaced with the same or newer model if it fails to perform properly.

Complete guarantee terms are tailored to satisfy individual purchasing requirements.

"CIO’s put a lot of trust in us to not only deliver the quality Xerox equipment they are used to, but also to ensure their data centers are operating smoothly on all shifts. Our customers save so much money they can immediately impact their bottom line or afford to purchase other needed items, " continued Jane. "We strongly encourage buyers to review their tax situation to see how the depreciation tax may affect them."

About Advantage-X: They are a certified minority business owned and operated by former Xerox employees. Equipment is remanufactured in their local Pompano HQ They sell and service high volume Xerox Laser Printers, DocuTech's and duplicators. They offer full system integration and analyst support for Data Center Operations. For information, please call (954) 938-5050 or (800) 201-7454.

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