Milt Cooper Joins the ePlus Board of Directors

Business Wire, Nov 14, 2003

Business Editors/High-Tech Writers

HERNDON, Va.--(BUSINESS WIRE)--Nov. 14, 2003

ePlus inc. (Nasdaq:PLUS), a leading provider of Enterprise Cost Management (ECM), today announced that Milton E. Cooper, Jr. has joined its Board of Directors effective November 8, 2003.

Mr. Cooper was formerly President, Federal Sector of Computer Sciences Corporation (NYSE:CSC), from 1992 to his retirement in 2001, one of the largest federal government integrators and a leading supplier of customer software for aerospace and defense applications. Mr. Cooper is the immediate past Chairperson for the Secretary of the Army's National Science Center Advisory Board and continues to serve on the board of Directors of the National Science Center. Prior to joining CSC, Mr. Cooper was with IBM Corporation, Telex Corporation, and Raytheon, and is a 1960 graduate of the U.S. Military Academy at West Point. Mr. Cooper has been active in local charities such as Chairman of the Fairfax/Falls Church United Way Campaign and has received numerous industry awards.

"We are very pleased that Milt has joined our board as an independent board member," commented Phillip G. Norton, chairman, president and CEO of ePlus. "Milt has numerous, long-term relationships within the federal government and the federal government contracting community. In addition to continuing the ePlus tradition of having a strong, independent board, we expect that he will provide significant value and guidance in helping to bring ePlus solutions into this marketplace, including our software, sourcing, and financing segments."

"I am very pleased to join the board," stated Mr. Cooper. "ePlus is an innovative company and I believe its Enterprise Cost Management solutions has tremendous opportunity in the federal government marketplace."

About ePlus inc.

A leading provider of Enterprise Cost Management, ePlus provides a comprehensive solution to reduce the costs of purchasing, owning, and financing goods and services. ePlus Enterprise Cost Management (eECM) packages business process outsourcing, eProcurement, asset management, product and catalog content management, supplier enablement, strategic sourcing, and financial services into a single integrated solution, all based on ePlus' leading business application software. Profitable since inception in 1990, the company is headquartered in Herndon, VA, and has more than 30 locations in the U.S. For more information, visit www.eplus.com, call 888-482-1122 or email info@eplus.com.

ePlus(TM), ePlus Enterprise Cost Management, eECM, 2003 are trademarks or trademarks applied for of ePlus inc. All other products and brand names are trademarks or registered trademarks of their respective owners.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release, which are not historical facts, may be deemed to be "forward-looking statements." Actual and anticipated future results may vary due to certain risks and uncertainties, including, without limitation, the existence of demand for, and acceptance of, our services; our ability to adapt our services to meet changes in market developments; our ability to integrate new acquisitions; 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 personnel; our ability to protect our intellectual property; the creditworthiness of our customers; our ability to raise capital and obtain non-recourse financing for our transactions; our ability to realize our investment in leased equipment; our ability to reserve adequately for credit losses; fluctuations in our operating results; our reliance on our management team; and other risks or uncertainties detailed in our Securities and Exchange Commission filings.