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ePlus Appoints New Chief Information Officer

HERNDON, VA – July 31, 2018 – ePlus inc. (NASDAQ NGS: PLUS) today announced that it has added Douglas King as Chief Information Officer to its executive management team. As CIO, Mr. King will be responsible for delivering reliable, agile, and optimized IT systems and infrastructure to align with the Company’s strategic vision.

Prior to joining ePlus, Mr. King served as CIO and SVP of Administration at Landauer, Inc., a former NYSE listed company before being acquired by Fortive Corporation. He has extensive leadership experience and expertise in IT strategy, informatics, product development, infrastructure services, technology assessment, and program implementation. His previous positions include other CIO roles and various technology-related positions at private and public companies.

“I’d like to welcome Doug to the ePlus team as our CIO,” said Elaine Marion, CFO at ePlus. “He brings a wealth of knowledge and experience to his new role, especially related to strategic vision and enterprise IT management. He is a valuable addition to our executive leadership team.”

"I am excited to begin a new chapter of my professional life at ePlus,” said Mr. King. "I look forward to applying my skills and experience to this new position and helping ePlus attain its strategic vision by fostering an innovative and high-performing infrastructure for the continued improvement of our operations."

Mr. King holds Master’s degrees in Business Administration and Engineering Management and Bachelor’s degrees in Economics and Mathematics, all from Northwestern University.

About ePlus inc.

ePlus is a leading consultative technology solutions provider that helps customers imagine, implement, and achieve more from their technology. With the highest certifications from top technology partners and expertise in key technologies from cloud to security and digital infrastructure, ePlus transforms IT from a cost center to a business enabler. Founded in 1990, ePlus has more than 1,200 associates serving a diverse set of customers in the U.S., Europe, and Asia-Pac. The Company is headquartered at 13595 Dulles Technology Drive, Herndon, VA, 20171. 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. Where Technology Means More®.

ePlus®, Where Technology Means More®, 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, products, and services 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; 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.


Kley Parkhurst, SVP
ePlus inc.

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