SOURCE: LeaseSmart, Inc.

January 26, 2006 10:02 ET

LeaseSmart, Inc. Announces Plans to Move Into Heavy Equipment Financing

TORONTO -- (MARKET WIRE) -- January 26, 2006 -- LeaseSmart, Inc. (OTC: LSMJ) is pleased to announce that it is planning to expand into heavy equipment and construction financing. The company is well established as a commercial loan company and is now preparing to branch out and expand the depth of the company.

Heavy equipment financing will be offered to clients for capital equipment, hardware and in some cases software. Many business owners currently don't realize "soft costs" can be leased, and LeaseSmart will also be offering this service. Soft costs financing includes such items as training, installation and consultation.

About LeaseSmart, Inc.

LeaseSmart is a 25-year-old full service Commercial Loan Company. Established in 1979, LeaseSmart offers a complete range of financing to small businesses. LeaseSmart services include leasing, invoice factoring, loans, commercial mortgages, and credit services.

LeaseSmart is not only a direct funder, but also has agreements in place with several leading finance providers in North America. LeaseSmart's objective is to assist our clients in obtaining their financing requirements, and to aid their growth and success, every step of the way.

Safe Harbor Statement

The preceding includes forward-looking statements which involve known and unknown risks and uncertainties which may cause the Company's actual results in future periods to differ materially from forecasted results. Forward-looking statements above are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including, without limitation, competition, intellectual property rights, litigation, needs of liquidity, and other risks detailed from time to time in the company's reports filed with the SEC. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, but not limited to, continued acceptance of the company's products and services, competition, new products and technological changes, as well as any and all "other risks" associated with business.

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