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ePlus Appoints New Vice President of Sales for the New York Metropolitan Region


HERNDON, VA - November 20, 2012 - ePlus inc. (NASDAQ NGS: PLUS - news) today announced the appointment of Tony DiBenedetto as Regional Vice President of Sales for its metro New York region, which includes Long Island, New Jersey, and Connecticut. Mr. DiBenedetto brings more than 20 years of experience leading sales and engineering teams in the unified communications/collaboration and information technology fields, serving commercial, enterprise, and federal customers.  
 
Prior to joining ePlus, Mr. DiBenedetto served as Director of Sales and Operations at Cisco where he led a direct sales team and overlay/specialist teams serving a major vertical market in the East region.  His previous Cisco experience was Director of Advanced Technology Sales, Director of Strategy and Planning, and Regional Sales Manager, Unified Communications.  Prior to his nine-year tenure at Cisco, Mr. DiBenedetto served as Sales Vice President of National Accounts at Expanets of North America as well as Sales Vice President of National Accounts at Lucent Technologies.
 
"We are delighted to have Tony join our talented team at ePlus," said Chris Finney, senior vice president of sales at ePlus Technology.  "He brings demonstrated success in both individual sales roles as well as solid sales leadership, working closely to understand clients' business imperatives and helping them leverage leading technologies to achieve organizational and business goals.  His motivational management style and customer-centric approach will be a significant asset to our New York metro region, and will enable us to further increase our footprint in the area and continue to provide exemplary service to our customers."
 
"I'm excited about the opportunity to build on the foundation of success ePlus has achieved in the tri-state area and expand the business even further in this region," said Mr. DiBenedetto.  "I look forward to working with our existing customers to expand and enhance the advanced technology solutions we provide, and to welcoming new customers who can benefit from ePlus' extensive experience in integrating today's most in-demand technologies.  
 
In the community, Mr. DiBenedetto is the Vice Chairman of the board of trustees of St. Luke's Warren Hospital in New Jersey, and its foundation's Chairman.  He holds a Master's Degree from the University of Illinois at Champaign Urbana and resides in New Jersey with his wife and three children.
 
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 825 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, 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; our ability to maintain effective disclosure controls and procedures and internal control over financial reporting; 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 reserve adequately for credit losses; 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.

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