ePlus Expands E-commerce Implementation Services

Business Wire, July 11, 2000

Business Editors/High Tech Writers

HERNDON, Va.--(BUSINESS WIRE)--July 11, 2000

Glenn Hirsh to Manage the Service Module of ePlusSuite

ePlus, Inc (NASDAQ NM: PLUS), a leading provider of Web-based supply chain services, today announced hiring Glenn Hirsh as director of technology services and the addition of a six-member consulting team to the ePlus nationwide implementation group.

Hirsh joins ePlus ( www.eplus.com ) from DynCorp, the $1.8 billion employee owned technology outsourcing firm, where he worked as a senior technology strategist. He will manage and grow Service , the implementation and consulting module of the four-part ePlusSuite integrated supply chain system. Hirsh holds a bachelor's degree in computer science from University of Pittsburgh with additional studies at Carnegie Mellon University and is certified by Cisco, Checkpoint, Citrix, Microsoft, and Novell.

"Glenn's expertise in multiple technology platforms enables ePlus to leverage the customization benefits of Service , including linking with our customer's legacy enterprise systems and vendors," said Phillip G. Norton, ePlus chairman, president and CEO. "An expanded company-wide implementation expertise accelerates our deployment rate for new customers and enhances our position as the most convenient and easy-to-use solution for businesses seeking improved operating efficiency and productivity."

ePlus Further Expands Implementation Operations

To accelerate the deployment and implementation of the ePlusSuite solutions, ePlus has hired six consultants with over 118 years of IT-industry experience. Led by Tim Rafferty, the team contributes a variety of IT consulting skills, including business process needs analysis, workflow automation, IT architecture development, and design, implementation and management of business IT systems. Rafferty joins ePlus with significant IT workflow experience from Edgemark Systems, Pioneer, DEC Storage Works, and DuPont. The group's responsibilities include consulting customers on structuring the dynamic workflow component of ePlusSuite and building customized catalogs.

ePlus can simplify and shorten the implementation process of supply chain automation by including customized workflow management. In addition, ePlus remotely hosts the system for customers and enables preferred vendors to be added to a customer's catalogue or private exchange at no cost to the vendor, empowering the company with choice and flexibility.

About ePlus:

ePlus launched its business-to-business e-commerce strategy with the introduction of ePlusSuite, a complete, Internet-based solution that delivers Global 2000 functionality to the middle market by focusing on customer needs. The integrated ePlusSuite service seamlessly links e-procurement, asset management, financing, and implementation services in a single, comprehensive, end-to-end solution available to clients using a browser.

ePlus has more than 55 customers on ePlusSuite, including Proxicom, SAGA Software, Martin Marietta Materials, and webMethods. Founded in 1990, the company is headquartered in Herndon, VA and has 11 locations in the US. For information, call 800-827-5711 or email a message to info@eplus.com.

"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, general economic conditions; fluctuations in operating results; its ability to effectively manage future growth, to retain and efficiently integrate our executive management team, and to identify, hire, train and retain, in a highly competitive market, individuals highly skilled in the Internet and its rapidly changing technology; the lack of long-term contracts in certain business units; its ability to enter into and retain its existing, strategic relationships; market acceptance; rapid technological change; a decline in Internet usage and intense competition in its market; its ability to effectively integrate the operational, managerial and financial aspects of future acquisitions; 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 in general and for the companies mentioned in this release in particular; the ability of the Company to recover its investment in equipment through remarketing; the successful execution of its e-commerce strategy; the amount of equipment ordered, purchased and/or leased by the companies in this release; 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.