ePlus Technology Achieves HP PartnerONE Virtualization Elite Status

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ePlus Technology Achieves HP PartnerONE Virtualization Elite Status

HERNDON, Va., Dec. 18, 2009 (GLOBE NEWSWIRE) — ePlus inc.
(Nasdaq:PLUS) announced today that its subsidiary, ePlus Technology inc.,
has again achieved HP PartnerONE Virtualization Elite status. The national
HP PartnerONE Solution Elite designation identifies HP solution partners
that have the correct certifications, offer expert service and support, and
provide customers with convenient and complete end-to-end solutions.

“We’re proud to be acknowledged by HP again for our demonstrated expertise
with virtualization solutions,” said Chris Finney, vice president for sales,
data center, and systems at ePlus Technology.
“This elite designation will allow us to further assist customers to respond
quickly to new business needs while lowering their hardware, maintenance,
and facility costs with the latest virtualization solutions. It is a nice
complement to our receipt of VMware’s top honor earlier this year for
Americas Solution Provider of the Year.”

“The Virtualization Solution Elite designation recognizes HP partners for
their ability to provide a comprehensive solution for customers,”
said Frank Rauch, vice president Americas Enterprise Storage, Servers and
Networking channel sales – HP. “We’re pleased to recognize ePlus as a valued
partner in delivering and leading with the HP portfolio of virtualization
technologies and services.”

The HP PartnerONE Virtualization Elite status provides incentives to
business development partners who have specific skills and have made
investments in virtualization and BladeSystem solutions. ePlus achieved the
HP PartnerONE Virtualization Elite status by meeting specified competency
and sales criteria, including specific training requirements and
certifications.

As a leading HP business partner and HP PartnerONE Solution Elite partner,
ePlus delivers enterprise solutions to corporations, state and local
governments, and 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 Microsoft Unified
Communications Solutions, Converged Infrastructure, HP Services, Enterprise
Storage, ProCurve, 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, 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 [email protected].

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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