March 2011

ePlus Wins Cisco Award

ePlus Wins Cisco National SLED Partner of the Year at Cisco Partner Summit 2011

HERNDON, Va., March 10, 2011 (GLOBE NEWSWIRE) — ePlus inc. (Nasdaq:PLUS) announced today that it is the recipient of a Cisco Partner Summit regional award for National SLED Partner of the Year.

Cisco unveiled the winners March 1 at its annual channel partner conference in New Orleans.

Cisco works diligently with all of its channel partners, and it is an honor to announce ePlus as a Cisco Partner Summit regional award recipient,” said Jim Sherriff, senior vice president, U.S. and Canada Partner Organization at Cisco. “The National SLED Partner of the Year award presented to ePlus recognizes its performance and expertise as a Cisco channel partner in the United States in 2010.”

“We’re pleased to be recognized by Cisco with this national award for our wide-ranging success and significant year-over-year growth in sales of Cisco products to the State and Local Government / Education (SLED) vertical,” said Darren Raiguel, national vice president, Public Sector Sales at ePlus Technology. “ePlus rigorously pursues and maintains multiple new and incremental contract vehicles for education and state/local organizations throughout the United States, making us one of the most contract-rich partners in the country. Through our dedicated SLED sales staff of 45 individuals and management with 20+ years of market experience, we have demonstrated expertise helping SLED organizations design and implement a wide variety of Cisco technology, including data centers, unified communications, video collaboration, secure borderless networks, physical security solutions, and more.”

Cisco Partner Summit awards are presented at three levels: regional, theater, and global. Cisco Partner Summit U.S. and Canada regional awards reflect a partner’s performance in a given geographic region of the United States or Canada.

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 690 associates in 20+ locations serving federal, state, 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 is a Cisco Gold Certified Partner and has achieved Cisco Master Specializations in Security and Unified Communications as well as the Cisco Managed Services Master Certification. In addition, ePlus holds Cisco Specializations in Advanced Routing and Switching, Advanced Data Center Storage Networking, Advanced Data Center Networking Infrastructure, Advanced Wireless LAN, and Cisco Authorized Unified Meetingplace Partner as well as Cisco Authorized Technology Provider
(ATP) designations in Cisco TelePresence, Video Surveillance, and Data Center Unified Computing. For more information about Cisco solutions from ePlus, visit http://www.eplus.com/cisco.

ePlus(R) and ePlus products referenced herein are either registered trademarks or trademarks of ePlus inc. in the United States and/or other countries.

Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries.

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.

Contact: Kleyton Parkhurst, SVP, ePlus inc.
kparkhurst@eplus.com
703-984-8150

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