SOURCE: ePlus inc.

June 06, 2008 08:30 ET

ePlus Ranked 74th Among North America's Top 500 Technology Integrators by Everything Channel's VARBusiness

Receives Top Technology Practices Award in Unified Communications

HERNDON, VA--(Marketwire - June 6, 2008) - ePlus inc. (PINKSHEETS: PLUS) today announced it has been recognized by Everything Channel's VARBusiness magazine as one of North America's top technology integrators. ePlus placed number 74 (up from 85 in last year's ranking) in the 14th annual VARBusiness 500 ranking. ePlus also received the Top Technology Practices Award for Excellence in Unified Communications during the VAR 500 ceremony held in New York on June 3, 2008.

The VAR 500 list details the leading revenue producers among technology integrators and technology Solution Provider organizations in North America. The list's ranking is based on gross worldwide revenue of hardware and software sales, as well as earnings from professional and managed information technology (IT) services.

"The indirect sales Channel for technology products and services drives two-thirds of all technology sales in the U.S., and the Solution Providers who make up the Channel are the primary influencers of business technology decision making. This is why the VAR 500 is such an important list, because these are the top Solution Providers in the industry, and we salute each of them -- including ePlus -- for their stellar performance," said Robert C. DeMarzo, senior vice president and editorial director, Everything Channel.

"ePlus is pleased to be recognized again by VARBusiness magazine as one of the nation's top technology integrators," noted Phillip G. Norton, chairman, president, and CEO of ePlus. "Our increased ranking from previous years affirms the value we bring to our customers, partners, and vendors. Through our long-standing strategic alliances with top manufacturers, highly certified technical staff, and commitment to customer service, ePlus has enjoyed sustained success in enabling our customers to optimize their IT infrastructures."

"I'm proud to see ePlus acknowledged by VARBusiness with a higher ranking this year as well as receipt of the Top Technology Practices Award for Excellence in Unified Communications," stated Mark Marron, senior vice president of sales of ePlus Technology. "The recognition of our Cisco business is attributed to our success in delivering Cisco Advanced Technologies to our customers as well as attainment of Cisco Master Specialization in Unified Communications."

Complementing its equipment and technology offering, ePlus delivers a comprehensive suite of solutions, including financing and leasing services, industry-leading software, and professional services that provide consolidated solutions for customers.

The complete listing of the VARBusiness 500 is published in the May 26, 2008 issue of the business magazine that provides strategic insight for technology integrators.

About VARBusiness

For the past 20 years, VARBusiness' strategic resources have been the gateway to the commercial and public sector (or government) Solution Provider community. The VARBusiness integrated platform of media opportunities provides strategic insight for technology integrators through industry-defining research, in-depth editorial, channel events and innovative Web services, enabling these IT professionals to make educated decisions for their businesses, partnerships and customers. VARBusiness offerings lead vendors and distributors to unprecedented access to the most powerful strategic Solution Providers in the market. VARBusiness has been the recipient of numerous industry awards for both editorial content and design.

About ePlus inc.

ePlus is a leading provider of technology solutions. ePlus enables organizations to optimize their IT infrastructure and supply chain processes by delivering world-class IT products from top manufacturers, professional services, flexible lease financing, proprietary software, and patented business methods. Founded in 1990, ePlus has more than 650 associates in 30+ locations serving more than 2,500 customers. The Company is headquartered in Herndon, VA. For more information, visit http://www.eplus.com, call 888-482-1122, or email info@eplus.com.

ePlus® and ePlus products referenced herein are either registered trademarks or trademarks of ePlus inc. in the United States and/or other countries. The names of other companies and products mentioned herein may be the trademarks of their respective owners.

Statements in this press release that are not historical facts may be deemed to be "forward-looking statements." Actual and anticipated future results may vary due to certain risks and uncertainties, including, without limitation, the existence of demand for, and acceptance of, our services; our ability to adapt our services to meet changes in market developments; the impact of competition in our markets; the possibility of defects in our products or catalog content data; our ability to hire and retain sufficient personnel; our ability to protect our intellectual property; the creditworthiness of our customers; a decrease in the capital spending budget our customers; our ability to raise capital and obtain non-recourse financing for our transactions; our ability to realize our investment in leased equipment; our ability to reserve adequately for credit losses; fluctuations in our operating results; our reliance on our management team; and other risks or uncertainties detailed in our reports filed with the Securities and Exchange Commission. All information set forth in this release is as of June 6, 2008. ePlus undertakes no duty to update this information.

Contact Information

  • Contact:
    Kleyton Parkhurst
    SVP
    ePlus inc.
    Email Contact
    703-984-8150