Flection International - Insurance Statement

Newsflash

ISO 9001:2000 Certification - Flection employs a high quality standard for the services and products it delivers and is now ISO 9001:2000 certified. As continual improvement of our environmental performance is of major importance to us, we aim to be ISO 14000 certified in September 2007.

30,000th PC for Archbishop Desmond Tutu -

On Thursday 16th of November the South African Archbishop Desmond Tutu received the 30,000th computer for Close the Gap. The PC was handed over to him by Roger Dassen, CEO of Deloitte Netherlands, which recently started a partnership with Close the Cap.

International exhibition SITEB in Casablanca - On the 24th of May, Flection attended the International Exhibition of Computing, Telecommunications and Office Automation SITEB in Casablanca, Morocco.

Launch of new Eco Pc website -

In January Flection launched its new Eco Pc site. With the Microsoft Authorised Refurbishers programme, Flection already installed Windows 2000 but we are now also entitled to install Windows XP and Windows XP Office. For more information see http://www.ecopc.nl/

Resale exhibition in Karlsruhe - Also this year Flection was present at the Resale Exhibition in Karlsruhe. This exhibition is one of the largest trade fairs for used equipment. We met up with new and existing customers and the 2007 fair turned out to be an event not to be missed.

Insurance Statement

Commercial General Liability insurance with limits for bodily injury and property damage liability of not less than €1,000,000, personal injury each occurrence, €2,000,000 general aggregate and products/completed operations coverage which shall include premises/operations liability, independent contractors liability, and broad form contractual liability specifically in support of, but not limited to, the indemnity provisions set forth in this Agreement. This policy (a) shall include a waiver of subrogation in favor of client; (b) will be endorsed to include client as Additional Insured; (c) will contain cross-liability and severability of interest coverage; and (d) shall state that such insurance is primary insurance with respect to any other insurance carried by client.

Casualty Insurance with respect to the Equipment and/or Materials for "all risks" of physical loss or damage, including, without limitation, loss by fire (including extended coverage), theft, collision and other such risks as are customarily carried by prudent operators of businesses similar to that in which Vendor is engaged and in an amount not less than the full replacement value of the Equipment and/or Material.