HERNDON, Va., July 13, 2010 (GLOBE NEWSWIRE) -- ePlus inc. (Nasdaq:PLUS) announced today that ePlus Systems, inc., its software and services subsidiary, has appointed sales, marketing, and technology veteran Herb Siegel as Senior Vice President of Sales and Business Development.
"Herb joined ePlus in March, and over the past three months he has been visiting with customers to gain insight into their organizations and interviewing candidates as he expands the sales team. He also held the first customer user group meeting to foster cross-industry knowledge of our eProcurement solutions for customers," said Ken Farber, president of ePlus Systems. "He is focused on driving incremental revenue within ePlus Systems and working with all ePlus businesses to facilitate cross-selling."
Most recently, Mr. Siegel was Vice President of Enterprise Business for FalconStor Software (Nasdaq:FALC), a provider of data protection and storage solutions. Prior to Falconstor, Mr. Siegel served 17 year years at CA, Inc. (Nasdaq:CA) (formerly Computer Associates International), where he played key roles in development, sales, and marketing within CA's North American operations as well as in Europe and Asia. He led CA's internal and external communications organization focusing on CA's indirect channel business. Previously, Siegel headed CA's Small and Medium Business (SMB) sales and marketing initiative in North America and was responsible for CA's business development relating to IBM Global Services. As Senior Vice President of CA's Corporate Marketing Communications, he played a lead role in CA's public relations, analyst relations, and event strategy organizations.
Mr. Siegel holds a Bachelor's Degree in Business Administration with a concentration in computer science from Adelphi University.
About ePlus Systems, inc.
ePlus Systems, inc., a wholly owned subsidiary of ePlus inc., delivers advanced supply management solutions and services to help companies across all industries get the most value from their spend. ePlus Systems provides on-demand and enterprise solutions including eProcurement, catalog content management, spend analytics, and document management solutions to drive cost savings, compliance, and productivity improvements. Its on-demand solutions for eProcurement and catalog content management received unqualified SAS 70 Type II examinations for three consecutive years.
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 640 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 materially 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, the possibility of additional goodwill impairment charges, and restrictions on our access to capital necessary to fund our operations; the demand for and acceptance of, our products and 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 press release is current as of the date of this release and ePlus undertakes no duty or obligation to update this information.