Let's go back a bit, and retrace some history.
The Information Technology industry has reinvented itself over a number of generations, with the PC/Server model of distributed computing only arriving in the last twenty years. From mainframes to clustered servers, from clunky desktops, to ultra-thin laptops, each new leap in technology has provided faster processing speed, more capacity, greater connectivity and less barriers to communication. Correspondingly, those advancements have allowed for more sophisticated software and collaboration to aid businesses in managing their operations. Companies interested in maintaining a competitive edge have invested in these technologies as a means of controlling costs and increasing productivity.
The computer leasing industry was born in the early 1960's, shortly after a court consent decree forced IBM to sell, rather than only rent, it's equipment. Entrepreneurs found that they could buy IBM products and lease them at rates lower than what IBM offered, accelerating the growth of the computer leasing industry. It wasn't until 1973 that IBM began offering lease options on its CPU products.
In 1978, after twelve years in managerial positions within the operations and data processing aspects of the mainframe computer industry, our President, Robert A. Chlebowski, recognized the expanding nature of the leasing industry and seized upon the opportunity. He took a position as a marketing representative for a large, nationwide computer leasing company, and later advanced to Vice-President of Lease Marketing at the same firm.
In early 1982, he decided to stake his own claim, and he formed a nationwide, mainframe-oriented computer leasing company. Feeling the industry starting to shift away from the centralized, mainframe computer model, he sold the company in late 1986, and in the spring of 1987 established a PC-oriented sales and leasing company which grew to be the largest in the country. His efforts were acknowledged in 1993 when he was awarded an Inc. Magazine Entrepreneur of the Year Award.
In 1996, after ten years of growth, he subsequently sold the firm and remained on with the purchasing company for an additional two years as a subsidiary President. In late 1998, Capital, Technology & Leasing ("CT&L") was established as a "customer-oriented" IT leasing company. And after an additional 12 years of success, CT&L became a part of Kingsbridge Holdings, LLC at the end of 2010, enabling us to further grow and expand our scope.
CT&L is the culmination of our combined expertise and experience. We continue to focus on providing tailored lease financing programs for any IT-related hardware and services, but we have expanded our efforts to concentrate on unparalleled Customer Service. Integrated IT Asset Supply and Disposal is just one example of that focus. Our growth has been predicated on our ability to exceed the expectations of our customers, something we strive to maintain.