(November 18, 2008) Graphic Savings Group, LLC, a leading provider of equipment leasing, announced Friday the hiring of JP Nicoletta, as Chief Operating Officer.   Mr. Nicoletta will be responsible for overseeing GSG's funding relationships as well as streamlining GSG operations to position the company for continued growth and market penetration.  Mr. Nicoletta will work closely with Melissa Hilley, Director of Sales, and Andrew A. Bender, President and founder of Graphic Savings Group to capitalize on the vast opportunity created by current market conditions.
 
"We are very excited to have JP join the GSG team.  His knowledge of the industry from both the funding side of the business and internal operations will help us continue to develop a truly great company," said Mr. Bender.  "Our business has seen tremendous growth while many other leasing companies have struggled.  The addition of JP will help to maximize our potential."
 
JP joins the GSG team from New World Equipment Funding, LLC, an independent funding source in Lake Success, New York, where he led the effort to develop their non-recourse third party program.  JP also performed various operations duties pertaining to risk management and servicing matters for New World's +$200MM portfolio.  Prior to joining NWEF, he was a Relationship Manager with Sovereign Bank's Commercial Equipment and Vehicle Finance Division.  JP brings 10 years of equipment leasing experience to the GSG Team from the bank/funding side of the business.  He received a BA from Fordham University and is working to complete his MBA from Long Island University / C.W. Post College of Management.  JP grew up in Queens, NY and now resides on Long Island.