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ePlus Offers Virtual CIO Services


HERNDON, VA - March 22, 2012 - ePlus inc. (NASDAQ NGS: PLUS - news) today announced a new offering to its ePlus Service Advantage portfolio, Virtual CIO (vCIO) services. Offered for several years by VantiCore, ePlus' recent acquisition, vCIO services provide commercial to mid-size enterprises with the expertise and value of ePlus' consulting CIOs without the cost or difficulty of finding and retaining an in-house CIO. In today's job market, and with fast moving technology, ePlus vCIO provides a critical service to customers as they navigate through strategy and execution of cloud-based initiatives, collaboration, virtualization, security, and streamlining of business process.
 
Through vCIO services, ePlus works with customers to create a three-to-five year technology reference architecture. The offering includes a review of internal systems, processes, and projects as well as IT project management. By applying global experience gained from engagements with organizations across a wide range of industry verticals, ePlus can devise and execute a strategic roadmap to ensure the most applicable technologies are being implemented. Executed with a results-based methodology, vCIO services include on-site as well as virtual support and direct access to strategic level executives. In addition, ePlus vCIO services can be utilized by organizations with an existing CIO or CTO, to supplement their knowledge and help them be more successful.
 
"We're excited to offer this new and cost-effective services engagement to customers," said Mark Marron, president of ePlus Technology. "From Managed Services to Staff Augmentation, our customers continue to ask for new services to address their complex and evolving needs. Adding vCIO to our portfolio of services is the next logical step, allowing organizations to benefit from our multi-vertical experience and proven track record of success with this unique approach to visually align IT to their specific business objectives."
 
"I'm pleased to join the team of professionals at ePlus and expand our vCIO offering to customers across the country," said Wayne St. Jacques, national director of vCIO services at ePlus Technology and former CIO at VantiCore. "vCIO is a smart way to supplement executive and IT management and apply a proven, practical, and repeatable process to increase the quality of IT deliverables across an organization. By leveraging our demonstrated success and collective experience, we help customers focus on projects and priorities that will bring the most value to their bottom line. They decrease costs with a best practices approach to solve IT problems, address ITIL concerns, create agility, and maximize their investments."
 
For more information about ePlus' vCIO services, visit http://www.eplus.com/vcio.htm.
 
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 world-class IT products from top manufacturers, managed and professional services, flexible lease financing, proprietary software, and patented business methods and systems. Founded in 1990, ePlus has more than 800 associates serving federal, state, municipal, and commercial customers nationally. 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 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, our ability to consummate and integrate acquisitions; 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, and restrictions on our access to capital necessary to fund our operations; 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; 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 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.

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