ePlus Technology Receives Sales Excellence Award for First HP BladeSystem Matrix Channel Sale


HERNDON, Va., Sept. 30, 2009 (GLOBE NEWSWIRE) -- ePlus inc. (Nasdaq:PLUS) announced today that its wholly owned subsidiary, ePlus Technology inc., has been recognized by HP for the first HP BladeSystem Matrix sale through the reseller channel in the United States. HP presented the Sales Excellence Award to ePlus Technology during VMworld 2009 on September 1, 2009.

Through the HP BladeSystem Matrix, ePlus is able to deliver a converged infrastructure platform to its customers. The benefits of this approach include the ability to simplify the deployment of applications and business services by delivering IT capacity through pools of both physical and virtual resources.

"We're proud to be recognized by HP with this award, which validates our concentration on blades and virtualization in the data center and complements the VMware Americas Solutions Provider of the Year award we received in June at the VMware partner summit," said Eric Lamp, HP national practice manager at ePlus Technology. "Our customer is very pleased with the HP BladeSystem Matrix solution, allowing the organization to deploy customized physical and virtual infrastructure resources in minutes, rather than days. We look forward to the opportunity to assist additional clients to accelerate provisioning, optimize IT capacity across physical and virtual environments, and ensure predictable delivery and service levels with this powerful solution."

"IT sprawl is taking business to the breaking point. Our customers cannot afford this overload. Converged infrastructure can unleash true IT potential without starting over. HP is the only company with the breadth, depth, expertise, and vision to bring it all together with our partners," said Frank Rauch, vice president, Technology Solutions Group channel sales - Americas, HP. "We are pleased to recognize ePlus not only as a strategic partner in delivering HP converged infrastructure solutions, but as the first HP solution provider in the United States to sell our next-generation solution, the BladeSystem Matrix."

As a leading HP business partner and HP PartnerONE Solution Elite partner, ePlus delivers enterprise solutions to corporations, state and local government, education, and healthcare organizations. Its team of engineers holds more than 70 collective HP certifications, consisting of certified blade engineers in all regional offices, HP Master SAN architects, VMware certified engineers, and many other advanced technical resources. ePlus also holds HP PartnerONE Elite status in Virtualization Solutions, Microsoft Unified Communications Solutions, Oracle Solutions, BladeSystem Solutions, HP Services, Enterprise Storage, ProCurve, Datacenter, and Office Printing. For more information about HP solutions from ePlus, visit http://www.eplus.com/hp.

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 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(R) 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.



            

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