FARMINGTON, CT, January 24, 2006 –

      Farmington, CT-based Motorlease Corporation, one of the nation’s oldest and largest independent leasing companies, today announced the Company has promoted Jeff Perkins to the position of Purchasing and Remarketing Manager. In this new role, Perkins will be responsible for ordering new and disposing of returned used vehicles. Motorlease Corporation orders approximately 2,500 new vehicles per year on behalf of its leasing clients, and disposes of about the same volume. Previously, Perkins was Dealer Sales Representative at Motorlease. “We are confident that Jeff will continue to serve our customers’ best interests in this new role,” stated Jack Leary, President of Motorlease Corporation. “Our customers depend on us for superior service from vehicle acquisition through support, maintenance, and disposal, and Jeff has a proven track record in this capacity.”