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News - July 2005

OneWorld Leasing Announces New President

Phoenix, AZ (14 July 2005) – OneWorld Leasing, Inc., a member-owned financial services cooperative comprised of sixteen independent leasing and finance companies, announced the appointment of Sharon Foglesong as President of the company.  Ms. Foglesong has served OneWorld Leasing as an advisor to the Board of Directors assisting with business development, market analysis, and corporate structuring. 

David Stearns, Chairman of the Board of Directors said, “Ms. Foglesong has been the driving force behind solidifying, communicating, and embracing the mission, vision, and goals of our cooperative.  Her leadership, passion, and determination have been absolutely invaluable in securing the growth and long term success of OneWorld.  Our growth has exceeded our targets with a current membership of sixteen, annual revenue of $200 million in total member transaction volume, and national vendor program growth up 100%.”

Previously, Ms. Foglesong was Vice President for Marathon Capital and National Marketing Director for the Diversified Capital Group of Dana Commercial Credit, a wholly owned subsidiary of the Fortune 500 Company, Dana Corporation.  Ms. Foglesong received her Bachelors Degree from Arizona State University and pursued her MBA at the University of Tampa.

About OneWorld Leasing, Inc.

OneWorld Leasing, Inc. is a financial services cooperative that exists to increase the performance and competitiveness of independent equipment leasing and finance companies by providing greater market strength, national recognition, increased profits and decreased operating costs.

EFSI is a member of OneWorld Leasing, Inc.