Change Represents Strategic Redirection of Company

HERNDON, Va.--(BUSINESS WIRE)--Oct. 29, 1999--ePlus inc., (NASD:MLCH) will change its ticker symbol to PLUS as of the start of trading on Monday, November 1, 1999.

As previously announced, the Company changed its legal name from MLC Holdings Inc., to ePlus inc., on October 19, 1999. ePlus is an e-commerce business to business supply chain management services provider serving the commercial, educational, and government markets. The changes represent MLC's strategic vision and the natural evolution of the company's online services it has been offering since 1996.

``Safe Harbor'' Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release which are not historical facts may be deemed to contain forward-looking statements. Actual results may vary due to the following risks and uncertainties, including, without limitation, demand and competition for the Company's lease financing and equipment sales and asset management services, and the products to be leased or sold by the Company, the continued availability to the Company of adequate financing, the ability of the Company to recover its investment in equipment through remarketing, the successful execution of its e-commerce strategy, and other risks or uncertainties detailed in the Company's Securities and Exchange Commission filings. Investors are cautioned that current financial results may not be indicative of future results.

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