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Electro Rent Promotes Allen Sciarillo to Vice President, Finance

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Electro Rent Corporation (Nasdaq: ELRC), one of the largest global electronic test equipment rental, leasing and sales organizations, today announced the promotion of Allen Sciarillo, who most recently served as the company’s Controller, to Vice President, Finance. In his new role, Sciarillo, 50, will oversee internal and external financial reporting, financial planning and daily operations of the finance and accounting department. Electro Rent is conducting an external search for a new Controller.

“Allen’s promotion reflects the key role he has played in supporting our financial discipline, as well as his dedication to Electro Rent for nearly a decade,” said Daniel Greenberg, Chairman and CEO of Electro Rent. “Allen’s continued expertise will serve us well as the company continues to identify opportunities to grow and provide the market with the best test and measurement solutions available.”

Sciarillo has nearly 30 years of finance and accounting experience. Prior to joining Electro Rent as Controller in 2006, he served as Chief Financial Officer of Dial Thru International Corporation, InterPacket Networks and RSL COM USA. Previously, he served as Controller for Hospitality Worldwide Services and Frontier Communications International. Sciarillo began his career in public accounting with Deloitte & Touche. He earned his B.S. in Accounting from California State University, Northridge and is Certified Public Accountant.

About Electro Rent

Electro Rent Corporation (www.ElectroRent.com) is one of the largest global organizations devoted to the rental, leasing and sales of general purpose electronic test equipment, personal computers and servers.

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