SOURCE: ePlus inc.

ePlus inc.

June 03, 2009 08:30 ET

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

HERNDON, VA--(Marketwire - June 3, 2009) - ePlus inc. (NASDAQ: PLUS) today announced that it has been recognized by Everything Channel as one of North America's top technology integrators. ePlus placed number 94 in the 15th annual VAR500 ranking.

The VAR500 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 2009 VAR500 list includes 92 new companies with 10 percent of them in the top 100 of the list. The starting point of the list is company #500 with revenues of $26.8 million, ending with company #1 with revenues of $57.3 billion. This list reflects the strength of the technology reseller channel.

"The VAR500 represents today's largest and most influential solution providers who collectively generate nearly $600 billion in service, consulting and product revenue. Their business models span the strong regional VAR to the highly specialized players to the global services giants. The VAR500 serve today's leading businesses whether they are at the top of the Fortune 500 or one of the small businesses that powers the U.S. economy. All of those customers turn to the VAR500 for advice on technology and product selection and ways to improve their business performance. They are the cream of the crop when it comes to the solution provider community. Oracle's Larry Ellison, Microsoft's Steve Ballmer and Cisco's John Chambers are all highly reliant on the VAR500 to meet their goals. There is no more powerful network in the IT industry today than the VAR500," said Robert C. DeMarzo, senior vice president and editorial director, Everything Channel.

"ePlus is pleased to be recognized again this year by Everything Channel as one of the nation's top technology integrators," noted Phillip G. Norton, CEO of ePlus. "We're proud of the highest level relationships we maintain with leading technology partners. We look forward to bringing continued value to our customers, partners, and vendors through our sustained success."

The complete listing of the VAR500 is published in the May 25, 2009 issue of CRN and can be found online at www.channelweb.com.

To complete the 2009 ranking of the 500 largest North American solution providers, system integrators, VARs and IT consultants, companies were asked to complete an online questionnaire to determine prequalification. In February 2009, Everything Channel conducted extensive research and analyzed the data. Independent data sourcing (e.g., SEC filings, annual reports, etc.) also was conducted. Finalists were ranked according to their fiscal year 2008 revenue, based only on their reseller-related services business.

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, professional services, flexible lease financing, proprietary software, and patented business methods. It was recently named as VMware America's Solution Provider of the Year, and holds some of the highest level certifications from the industry's top manufacturers. Founded in 1990, ePlus has more than 625 associates in 20+ locations serving federal, municipal, and commercial 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, possible adverse effects resulting from the recent financial crisis in the credit markets and general slowdown of the U.S. economy such as our current and potential customers delaying or reducing technology purchases, increasing credit risk associated with our customers and vendors, reduction of vendor incentive programs, and restrictions on our access to capital necessary to fund our operations; 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; our ability to consummate and integrate acquisitions; our ability to raise capital and obtain non-recourse financing for our transactions; our ability to reserve adequately for credit losses; 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 the date of this release. ePlus undertakes no duty to update this information.

Everything Channel (www.everythingchannel.com, www.channelweb.com)

Everything Channel is the one-stop shop for accessing, enabling, managing and accelerating technology sales channels. From branding and recruiting to marketing and sales, Everything Channel offers technology marketers the unmatched breadth and depth of global brands and market intelligence combined with unparalleled audience loyalty and credibility serving all technology sales channels through an extensive database. Everything Channel provides innovative field sales and marketing solutions to arm the sellers of technology with the resources they need to achieve measurable and significant results.

About United Business Media Limited (www.unitedbusinessmedia.com)

UBM (LSE: UBM) focuses on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetisation of B2B communities and markets. UBM's businesses inform markets and serve professional commercial communities -- from doctors to game developers, from journalists to jewellery traders, from farmers to pharmacists -- with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countries are organised into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently.

Contact Information

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