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First American Completes Annual Company-Wide Meeting
Monday, August 18, 2008

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Fairport, NY (August 18, 2008) - First American announced the completion of its annual company-wide meeting at its headquarters in Fairport, New York. In attendance were First American board members, officers, and employees from New York, California, Arizona, Delaware, Texas, and North Carolina.

Michael J. Fleming, immediate past President of the Equipment Leasing and Finance Association (ELFA), delivered the keynote address. With 27 years of experience heading up the Washington, DC trade association that represents the $600 billion commercial equipment leasing and finance industry, Mr. Fleming is a well-respected industry leader. His comments were insightful and appreciated by all in attendance. Mr. Fleming summarized a framework he developed for better understanding the industry’s evolution and for anticipating future developments.

The meeting included management presentations regarding the firm’s strategic plans and updates regarding financial and business results through June 30, 2008. A variety of workshops and discussions were conducted regarding issues important to First American employees and customers.

There was also time for employees to socialize and strengthen their professional bonds. Whether it was playing a round of golf overlooking one of the Finger Lakes, touring a unique art gallery, rolling the dice at "casino night", or simply enjoying dinner and lively conversation … everyone appreciated the camaraderie.

About First American Equipment Finance. First American specializes in leasing high-technology equipment to large corporations, education clients, and hospitals. First American provides outstanding customer service and excellent financial products at competitive rates. First American specializes in providing unique financial services to sophisticated commercial borrowers seeking structured capital equipment financing. Among its clients located throughout the United States, First American has earned a reputation for fairness, attention to detail, and excellence in commercial equipment leasing and finance.

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