ePlus Named to Managed Service Provider 500 List by CRN
ePlus Recognized for Exemplary Approach to Delivery of Managed IT Services
HERNDON, VA - February 19, 2015 - ePlus inc. (NASDAQ NGS: PLUS - news) today announced that it has earned recognition on The Channel Company's 2015 CRN Managed Service Provider (MSP) 500 list as one of the MSP Elite 150. This annual list distinguishes the top technology providers and consultants in North America whose leading approach to managed services enables their customers to improve operational efficiencies, elicit greater value from their IT investments, and successfully leverage technology to achieve greater competitive advantage.
In today's world of outsourced IT, the expertise of MSPs has become increasingly important to organizations. The plethora of choices in terms of consumption and procurement of technology can become overwhelming. To help facilitate companies' selection and adoption of managed services and providers, CRN, the leading media outlet for technology vendors and solution providers who serve end-user customers, has identified the top 500 MSPs.
This year, CRN's industry-focused directory highlights the Top 500 MSPs in three categories: 100 Hosting Providers who are experienced in providing mainly off-premise, or cloud-based, services; 150 Elite Service Providers who are large data center-focused solution providers with a strong mix of on-premise professional services as well as off-premise services; and 250 Progressive Service Providers who have a business model heavily weighted toward managed services geared toward the small and midsize business market.
"The allure of Everything-as-a-Service to organizations is largely rooted in the appeal of predictable operational expenses, cost-cutting, resource allocation, and access to on-demand/pay-as-you-go technology. Therein lies a great need for the expertise of managed service providers," said Robert Faletra, CEO, The Channel Company. "We congratulate the managed service providers who have engineered, or re-engineered, their businesses to deliver the services their customers rely on for future growth and ongoing success."
"We're honored to be acknowledged again this year by CRN in the Elite 150 for our Managed Services success," said Dan Farrell, senior vice president of national services for ePlus Technology. "As the Internet of Things and Everything-as-a-Service continue to evolve and mature, the reliance on cloud and hybrid IT solutions will reach unprecedented levels in an extremely short period of time. Organizations require a reputable, scalable solutions provider who understands the implications of this pace of change. ePlus continues to invest in our robust Managed Services practice to stay at the forefront of this curve, constantly modifying our technology portfolio to empower our customers to focus on their strategic initiatives."
Coverage of the MSP500 will be featured in the February 2015 issue of CRN and online at www.CRN.com.
About ePlus Managed Services
ePlus Managed Services help enterprises proactively control their IT infrastructure and off-load a significant burden of day-to-day IT tasks in order to optimize operations and manage risk. ePlus has delivered Managed Services for more than 10 years to a wide range of customers across multiple industry verticals through its 24/7/365 Managed Services Centers. For more information about ePlus Managed Services, visit www.ePlus.com/ManagedServices/Pages/default.aspx.
About the Channel Company
The Channel Company, with established brands including CRN, XChange Events, IPED, and SharedVue, is the sales channel community's trusted authority for growth and innovation. For more than three decades, we have leveraged our proven and leading-edge platforms to deliver prescriptive sales and marketing solutions for the technology sales 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 950 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 email@example.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.