The Ingram Micro Preferred Leasing program, set for official launch in October 2002, is designed to facilitate the acquisition of a wide variety of Information Technology equipment and software, by Canadian businesses through Ingram Micro’s Canadian Reseller network.

Utilizing Alliance Financing’s multi-underwriter business model, coupled with Alliance’s comprehensive suite of traditional and online marketing and delivery systems, the Ingram Micro Preferred Leasing program will offer flexible terms, rates and payment structures to the widest possible variety of business customers, in virtually all industry sectors, and for the widest range of credit profiles.

“Ingram Micro’s Preferred Leasing program offers resellers flexible financing options to increase available credit and maximize business opportunities, while enhancing long-term customer relationships,” states Murray Wright, vice president of sales and general manager, Ingram Micro Canada.

Bernie Shimkovitz, CEO of Alliance Financing states: “We are absolutely delighted to have been selected by Ingram Micro to develop and manage this exciting program. Our business model,technologies, delivery systems, and most importantly, our people, allow us towork with Ingram Micro to offer one of the best technology financing programsin the marketplace today”.

About Alliance Financing Group Inc.

Alliance Financing is a diversified commercial finance institution that specializes in providing financing solutions, including leasing, term lending, working capital products and structured finance/investment banking, primarily to the SMB (Small to Mid-sized Business) marketplace. Alliance Financing works within a multi-underwriter platform, providing a comprehensive suite of financing options available from selected underwriting partners, which include banks, lessors, and other financial institutions. Its leasing solutions are currently available for both businesses and consumers and are delivered through traditional bricks and mortar channels and various Internet channels. Alliance Financing maintains a “high-tech, human touch” philosophy; utilizing a combination of proprietary technology - such as its private labelled online financing tools, selected ASP technologies, and a dedicated staff of finance professionals to deliver its products and solutions, through various channel partners as well as directly to its end-user customers.

About Ingram Micro Inc.
Ingram Micro Inc. is the leading wholesale provider of technology products and supply chain management services in the world. With sales of more than $25 billion for the fiscal year 2001, the company provides the best way to get technology from the people who make it to the people who use it. Visit www.ingrammicro.com/corp or Ingram Micro Canada at www.ingrammicro.ca.

For more information about Alliance Financing Group Inc. please visit www.YourFinanceSource.com, or contact:

Bernard Shimkovitz
Chief Executive Officer
Alliance Financing Group Inc
Tel: 905-660-3660 ext. 225         Toll Free: 877-660-3660
Fax: 905-660-3078
Email: bernie@alliancefinancing.com

For more information about Ingram Micro Inc. please visit www.ingrammicro.com/corp or Ingram Micro Canada at www.ingrammicro.ca, or contact:

Ann Cain
Public Relations Manager
Ingram Micro Canada
Tel: 905-755-5000 ext.55796
Email: Ann.Cain@ingrammicro.ca

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.

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