ePlus to Present at ProcureCon 2004; Enterprise Cost Management Solution Provider to Share Insights on How to Achieve Strategic Sourcing Excellence through eProcurement

Business Wire, Dec 7, 2004

HERNDON, Va. -- ePlus inc. (Nasdaq NM:PLUS) announced today that it will be presenting at ProcureCon 2004 being held December 7-10 in Scottsdale, AZ. As a leading provider of Enterprise Cost Management (ECM) solutions, ePlus will educate conference attendees on the critical role that the latest eProcurement technologies and methods play in adding value to strategic sourcing initiatives.

Ken Farber, President of ePlus Systems, will be giving a joint presentation with Hitachi Global Storage Technologies at the conference to discuss the successful deployment of eProcurement, product content management, and supplier enablement on a multi-lingual, multi-national scale.

Mr. Farber explains, "eProcurement has helped hundreds of global corporations gain efficiencies throughout their organizations. Many are wondering what is next in the world of eProcurement and how it will affect their current and future plans. At the conference, we'll explore areas where eProcurement technologies can add value to strategic sourcing strategies."

During the presentation, Mr. Farber will discuss systems connectivity and integration with an existing supply base, outline key strategies to enable seamless integration with older legacy systems, and discuss ways to incentivize the supply base to ensure buy-in for eProcurement technologies. Mr. Farber will be joined in the presentation by Hitachi Global Technologies.

The ePlus presentation, entitled "Ensuring Strategic Sourcing Excellence Through The Latest eProcurement Technologies", will take place on Wednesday, December 8 at 2:25 p.m. at the Camelback Resort & Spa, Scottsdale, AZ. For more information, please visit: http://www.wbresearch.com/procureconusa/index.html.> About ProcureCon 2004

Now in its third year, ProcureCon 2004 is poised to provide senior thought leaders with direct materials sourcing responsibilities and the latest information to ensure efficiencies in their procurement and strategic sourcing strategies.

ProcureCon features two main conference days along with two strategic summits that will focus on supplier relationship management and spend visibility. These two issues are ones in which sourcing professionals within multiple industries are still grappling with. The Spend Visibility Summit will be a new highlight for 2004. As more and more global corporations grapple with ensuring efficiencies in their sourcing and procurement strategies, spend visibility is becoming a key aspect of an overall successful sourcing strategy.

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, financial services and document access and collaboration into a single integrated solution, all based on ePlus' leading business application software. The company is headquartered in Herndon, VA, and has more than 30 locations in the U.S and Canada. For more information, visit www.eplus.com, call 888-482-1122 or email info@eplus.com.

ePlus, Procure , eECM, ePlus Enterprise Cost Management, and/or other ePlus products referenced herein are either registered trademarks or trademarks of ePlus inc. in the U.S. and/or other countries. The names of actual companies and products mentioned herein may be the 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; 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.