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HARMAN Professional And Quail Capital Corp To Provide Equipment Financing Solutions to Audio And Production Professionals

NORTHRIDGE, California — HARMAN Professional and Quail Capital Corp today announced the formation of HARMAN Equipment Finance (H.E.F.) to provide an array of businesses and institutions across the globe with capital to acquire HARMAN’s category-leading audio and lighting technologies including those from Studer, JBL, Martin Professional, Soundcraft and Crown.

Commenting on the program, Phil Tatro, HARMAN, Director of Order to Cash, noted, “This global program is designed to empower HARMAN dealers and customers with the financial freedom to capitalize on current economic conditions and acquire the best AV technologies on the best possible terms. We are pleased to engage Quail Capital to provide our customers with comprehensive financing solutions that will enable them to evolve and grow.”

Quail Capital Corp. had been providing equipment financing to Martin Professional customers for 15 years up to and since its acquisition by HARMAN last year. According to Quail Capital Corp. CEO, Jeff Rudin the shared commitment to innovation and service makes HARMAN Professional and Quail Capital Corp. a strong team: “We are very pleased to work with the sales leaders at HARMAN Professional to provide their customers with financial solutions tailored for the production marketplace. Our more than 20 years serving the entertainment industry will continue to provide the most innovative — and yet grounded — options for our joint customers.”

HARMAN Equipment Finance offers an easy credit approval process for all HARMAN Professional products with terms from 12 to 84 months. See a Harman representative for Special NAMM pricing.

HARMAN (www.harman.com) designs, manufactures and markets a wide range of audio and infotainment solutions for the automotive, consumer and professional markets – supported by 15 leading brands, including AKG®, Harman Kardon®, Infinity®, JBL®, Lexicon® and Mark Levinson®. The Company is admired by audiophiles across multiple generations and supports leading professional entertainers and the venues where they perform. More than 25 million automobiles on the road today are equipped with HARMAN audio and infotainment systems. HARMAN has a workforce of 14,600 people across the Americas, Europe, and Asia and reported sales of $4.5 billion for the last twelve months ended September 30, 2013.

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Stay up to date on the latest technology news. Select press representatives post company news several times a day. Check back often to get the latest news on product releases, mergers and acquisitions, and product applications. To be included in this virtual press conference, please contact The Wire.

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