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MicroFinancial Incorporated Announces The Opening Of A California Office

MicroFinancial Incorporated (NASDAQ:MFI) a financial intermediary specializing in vendor based leasing and finance programs for microticket transactions, today announced the opening of a TimePayment Corporation office in California. TimePayment is a wholly owned subsidiary of MicroFinancial Incorporated.

The office is a full service operation offering sales, credit, vendor relations and funding support for our vendors and brokers. The office is located at 2801 Townsgate Road, Suite 101, Westlake Village, California 91361. Our telephone numbers for this new location are: main office is 805-367-8900, sales department is 877-938-5230 and vendor relations and credit is 800-868-3743.

Richard Latour, President and Chief Executive Officer said, “We are very excited to once again have an office in California. With a full service operation on the west coast we will effectively be extending our hours of operation allowing us to provide a higher level of service to our vendors and brokers across the country.”

About The Company

MicroFinancial Inc. (NASDAQ:MFI), in operation since 1986, headquartered in Burlington, MA, is a financial intermediary specializing in microticket leasing and financing. We have been in operation since 1986.

Statements in this release that are not historical facts, including statements about future dividends or growth plans, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In addition, words such as "believes," "anticipates," "expects," "views,” “will” and similar expressions are intended to identify forward-looking statements. We caution that a number of important factors could cause our actual results to differ materially from those expressed in any forward-looking statements made by us or on our behalf. Readers should not place undue reliance on forward-looking statements, which reflect our views only as of the date hereof. We undertake no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances. We cannot assure that we will be able to anticipate or respond timely to changes which could adversely affect our operating results. Results of operations in any past period should not be considered indicative of results to be expected in future periods. Fluctuations in operating results or other factors may result in fluctuations in the price of our common stock. For a more complete description of the prominent risks and uncertainties inherent in our business, see the risk factors described in documents that we file from time to time with the Securities and Exchange Commission.

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