Agilent Technologies introduces industry's most comprehensive purchasing approach for pre-owned test instruments
Agilent CertiPrime, Agilent Advantage Assurance programs provide low-cost, low-risk options
PALO ALTO, Calif., March 15, 2004
Agilent Technologies Inc. (NYSE: A) today introduced the industry's most comprehensive purchasing approach for pre-owned test instruments. Agilent CertiPrime and Agilent Advantage Assurance are two complementary programs that provide low-cost and low-risk options for purchasing pre-owned test equipment. Together they offer unparalleled flexibility and confidence to customers purchasing pre-owned test equipment.
"We're defining a new market space with this innovative and comprehensive new approach," said Bill Highstreet, vice president and general manager of Agilent's Financial Solutions Unit. "Previously, customers had to choose between purchasing new test equipment from Agilent or refurbished, as-is equipment of unknown quality from a third party. Now customers have multiple options to purchase high-quality, pre-owned Agilent test instruments with total confidence."
In the more comprehensive of the two programs, Agilent CertiPrime units are fully remanufactured by Agilent to Agilent standards. In addition, the equipment undergoes the same production-quality calibration as new units, and it includes the latest compatible software and firmware updates. Agilent CertiPrime instruments typically are demonstration and off-lease units less than three years old, and represent the most popular models and configurations of Agilent's current test equipment. The fully remanufactured products are ordered directly from Agilent and ship within five days of receipt of order. Agilent CertiPrime products carry the same warranty as new instruments and the same 60-day return policy that Agilent offers on all its new products. Free technical support is offered during the warranty period.
Agilent Advantage Assurance
The Agilent Advantage Assurance program consists of pre-owned instruments purchased through an approved Agilent channel partner. Instruments purchased through the Agilent Advantage Assurance program have been fully calibrated by Agilent to Agilent standards. In addition, Agilent Advantage instruments come with one year of protection against all repair costs, along with one year of free technical support.
As announced in a separate press release today, this program is initially available through eBay. The program is expected to be extended to additional U.S. channel partners by April 2004, and to channel partners in Europe and Asia Pacific later in 2004.
- Additional information about Agilent's CertiPrime and Agilent Advantage Assurance programs is available at www.agilent.com/find/used.
- A backgrounder containing additional information about the test and measurement secondary market is available at www.agilent.com/about/newsroom/tmnews/background/2004/15mar2004_bg.html.
U.S. Pricing and Availability
Agilent CertiPrime test equipment is available now in limited quantities and is expected to be available in volume starting in April 2004. Prices are reduced 30 to 50 percent from list prices. The Agilent Advantage Assurance program through eBay is available now and is expected to be available through additional channel partners by April 2004.
About Agilent Technologies
Agilent Technologies Inc. (NYSE: A) is a global technology leader in communications, electronics, life sciences and chemical analysis. The company's 28,000 employees serve customers in more than 110 countries. Agilent had net revenue of $6.1 billion in fiscal year 2003. Information about Agilent is available on the Web at www.agilent.com.
This news release contains forward-looking statements (including, without limitation, statements relating to Agilent's plans to 1) offer its Agilent Advantage Assurance test equipment on eBay and 2) extend its Agilent Advantage Assurance program to additional authorized partners) that involve risks and uncertainties that could cause results to differ materially from management's current expectations. These and other risks are detailed in the company's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended Oct. 31, 2002, its Quarterly Report on Form 10-Q for the quarter ended July 31, 2003, and its Current Report on Form 8-K filed Nov. 18, 2003. The company assumes no obligation to update the information in this press release.
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Janet Smith, Agilent
+1 970 679 5397
Heather Van Schoiack
Weber Shandwick, for Agilent
+1 425 452 5457