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ePlus Named to CRN's 2014 Solution Provider 500 List


Annual List Ranks the Channel's Top Technology Integrators

HERNDON, Va., June 17, 2014 (GLOBE NEWSWIRE) -- ePlus inc. (Nasdaq:PLUS) today announced that its subsidiary, ePlus Technology, inc., has been named to the 2014 Solution Provider 500 (SP500) list by The Channel Company's CRN Magazine. The list ranks the top revenue-generating technology integrators in the U.S. and Canada whose forward-thinking approach to the channel has helped them evolve and thrive in today's cloud and services-driven IT era, and includes categories ranging from hardware and software sales to managed IT services. ePlus placed #36 in the annual ranking.

"We're pleased to be recognized again as one of the nation's top technology integrators," said Mark Marron, president of ePlus Technology. "Moving up this year from #40 to #36 illustrates our success at delivering the solutions and services our customers need to maximize productivity, efficiency, and cost savings—and transform IT from a cost center to a business enabler."

"The annual Solution Provider 500 represents those companies that truly understand the needs of customers today as the IT landscape evolves," said Robert Faletra, CEO, The Channel Company.  "With so many options, this list has become an invaluable resource for vendors working hard to navigate the solution provider community and identify the best partner for their business.  We congratulate the featured solution providers and look forward to covering their continued success."

Revenue size is determined by the amount of products and services sold over the course of 2013. Companies with no public documentation were required to submit a notarized affidavit attesting to their 2013 revenue. A sampling of the 2014 SP500 list is featured in the June issue of CRN Magazine and is featured online at www.crn.com and in the CRN Tech News app, available for iPad and Windows 8.

About The Channel Company

The Channel Company is the channel community's trusted authority for growth and innovation, with established brands including CRN, XChange Events, IPED, and SharedVue.  For more than three decades, we have leveraged our proven and leading-edge platforms to deliver prescriptive sales and marketing solutions for the technology channel.  The Channel Company provides Communication, Recruitment, Engagement, Enablement, Demand Generation, and Intelligence services to drive technology partnerships. Learn more at www.thechannelcompany.com.

About ePlus inc.

ePlus is a leading integrator of technology solutions. ePlus enables organizations to optimize their IT infrastructure and supply chain processes by delivering complex information technology solutions, which may include managed and professional services and products from top manufacturers, flexible financing, and proprietary software. Founded in 1990, ePlus has more than 900 associates serving commercial, state, municipal, and education customers nationally. The Company is headquartered in Herndon, VA. For more information, visit www.eplus.com, call 888-482-1122, or email info@eplus.com. Connect with ePlus on Facebook at www.facebook.com/ePlusinc and on Twitter at www.twitter.com/ePlus

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 financial market disruption 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; our ability to consummate and integrate acquisitions; the possibility of goodwill impairment charges in the future; significant adverse changes in, reductions in, or losses of relationships with major customers or vendors; the demand for and acceptance of, our products and services; our ability to adapt our services to meet changes in market developments; our ability to implement comprehensive plans for the integration of sales forces, cost containment, asset rationalization, systems integration and other key strategies; our ability to reserve adequately for credit losses; our ability to secure our electronic and other confidential information; future growth rates in our core businesses; our ability to protect our intellectual property; the impact of competition in our markets; the possibility of defects in our products or catalog content data; our ability to adapt to changes in the IT industry and/or rapid change in product standards; our ability to realize our investment in leased equipment; our ability to hire and retain sufficient qualified personnel; 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
Source: ePlus inc.