CIT Announces Canadian Vendor Financing Relationship with Metafore

CIT Group Inc. (NYSE: CIT), a leading global commercial finance company, today announced a vendor financing relationship between CIT Vendor Finance, Canada and Metafore, a leading provider of IT solutions in Canada. Under the terms of the agreement, the two companies established a financing program under the name Metafore Financial Services (Metafore Leasing in British Columbia) to offer Metafore customers operating and capital lease structures. "We are pleased to establish this relationship with one of the leading providers of IT solutions in Canada,” said Bruce Smith, Senior Vice President of CIT Vendor Finance, Canada. "This new relationship reflects our ongoing commitment in providing innovative, customized, financing solutions to our vendor partners throughout Canada.” CIT Canada is a market leader in the financing industry, delivering best-in-class financial services to its customers and vendor partners. Bryant Jackson, President of Metafore, said, "We are pleased to have entered into this new relationship with CIT, which will provide our customers with a choice as to how they fund IT and infrastructure projects.” Individuals interested in receiving future updates on CIT via e-mail can register at http://newsalerts.cit.com About CIT Canada CIT Canada, a leading commercial finance company, provides clients with financing, leasing products and advisory services. CIT Canada offers industry-leading solutions through its key business units: Corporate Finance, Equipment Finance, Vendor Finance, Energy and Infrastructure Finance, and Healthcare Finance. CIT Canada is a unit of CIT (NYSE: CIT), a member of the S&P 500 and Fortune 500. CIT is a global commercial finance company with more than one million customers in over 50 countries and across 30 industries. CIT has more than $80 billion in managed assets, and provides financial solutions for more than half of the Fortune 1000. The CIT brand platform, Capital Redefined, articulates its value proposition of providing its customers relationship, intellectual and financial capital to yield infinite possibilities. Founded in 1908, CIT is celebrating its Centennial throughout 2008. www.cit.ca About Metafore Metafore, a division of Hartco Income Fund, has over 20 years experience delivering IT solutions to private and public sector organizations of every size. With a team of more than 850 associates, operations in 14 cities throughout Canada, and access to a network of 1200 certified technical resources from coast to coast; Metafore is one of Canada’s leading information technology solution providers. Metafore designs, supplies and installs complete IT infrastructure systems and offers ongoing technical support and advanced professional services. www.metafore.ca. About Hartco Income Fund Hartco Income Fund (TSX: HCI.UN) has been a leader in the Canadian information technology business for more than thirty years. Through its operating divisions, which together include more than 60 locations across Canada, Hartco Income Fund delivers information technology solutions to private and public sector organizations of every size. For more information, please visit Hartco online at www.hartco.com.