SGI Announces Deferred-Payment Financing Program

MOUNTAIN VIEW, CA -- SGI (NYSE: SGI), today announced a new financing program that offers a way to acquire new systems without putting a drain on immediate budgets. The new program, from SGI Solutions Finance, is effective Jan. 1 through March 31, 2002 and allows qualified customers to acquire certain new SGI® products without immediate capital outlay. The program offers a 90-day deferred payment with a low interest rate of 5% for the remainder of the 36-month lease. This financing promotion requires a minimum order of $100,000 and is available through all SGI sales channels worldwide. Products included in the lease program are: SGI® Origin® 3000 series servers SGI® Onyx® 3000 series visualization systems SGI® Origin® 300 SGI storage solution TP9400 ``SGI continues to develop superior solutions and financial services that help keep companies moving during tough economic circumstances,'' said Ray Muzzy, director of SGI Solutions Finance. ``This comprehensive program enables creative and technical customers to take advantage of leading-edge products and technology today and postpone payment for three months with a low finance rate on the balance.'' SGI Solutions Finance is dedicated to providing SGI customers with creative financing alternatives on SGI products and services and to being an integral part of the total SGI Solution by providing the financial path for acquisitions today, tomorrow and into the future. SGI Solutions Finance combines an in-depth knowledge of SGI products and services with an experienced staff of financing professionals, a combination designed to provide SGI customers with maximized technology investments. For more information about SGI Solutions Finance programs visit www.sgi.com/sales/solutions_finance