OpenTech Offers 0% Financing for INSOMNIAC Kiosks

Self Storage Owners Can Start Saving Over $1,000 a Month in Payroll Expense

PHOENIX, Arizona – January 8, 2009 – OpenTech Alliance, Inc., today announced their own stimulus package for self storage owners; a 0% financing promotion that allows self storage owners to improve their NOI without making a capital expenditure. In today’s economy many self storage owners are searching for ways to reduce payroll cost, stabilize occupancy, and improve margins without having to spend money.  An INSOMNIAC kiosk gives owners the option to cut back on part-time staff, provide the ultimate in convenience to their current customers, and never miss the opportunity to rent a unit.

To help owners save money and stay competitive, OpenTech is offering 0% financing for 12 months on all approved leases. The leasing programs range from 24 month to 48 month terms and all have a $1 buyout. The 0% financing is a limited time offer!

48 Month Lease to Own Program (with approved credit)

Product

Year 1

Year 2 - 4

Maintenance and Warranty Service

INSOMNIAC 300

$190/mo

$255/mo

$125/mo

INSOMNIAC 500

$230/mo

$305/mo

$175/mo

INSOMNIAC 700

$305/mo

$395/mo

$225/mo

INSOMNIAC 770

$325/mo

$425/mo

$225/mo

INSOMNIAC 800

$345/mo

$450/mo

$225/mo

INSOMNIAC 900

$375/mo

$490/mo

$250/mo

“Cash is king and credit is scarce these days.  Many self storage owners we talk to want the benefits of a self service kiosk but are hesitant to part with their cash.  We get it, so we have arranged for some special leasing terms that will extend into 2010, when we all expect the economy will have improved.” commented Robert A. Chiti, President and CEO of OpenTech Alliance.    

Need to lease more than just a kiosk; additional funds are available. Contact OpenTech Alliance today to learn more.

OpenTech Alliance, Inc. is the leading developer of self-storage kiosks. OpenTech’s INSOMNIAC kiosks enable customers to rent units, make payments, purchase locks, and update their accounts 24 hours a day on their own without a manager’s assistance. For more information about OpenTech, please visit www.opentechalliance.com or call (602) 749-9370.

Press Contact:
Carol Castillo
Marketing Manager
OpenTech Alliance, Inc.
(602) 749-9370 x114
ccastillo@opentechalliance.com

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NOTE TO EDITORS: OpenTech Alliance, the OpenTech logo and INSOMNIAC are trademarks of OpenTech Alliance, Inc. Other company and product names may be trademarks of their respective owners. INSOMNIAC is protected by U.S. Patent # 5,946,660.

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