ePlus Asset Management and eProcurement Top ECP's 2005 List of Certified ITAM Tools; Technology Asset Manager Test Drives and Awards Highest Business Value Ranking to ePlus' Manage+ and Procure+

Business Wire,  August 25, 2005  

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HERNDON, Va. -- ePlus inc. (Nasdaq NM:PLUS), a leading provider of Enterprise Cost Management solutions, today announced that its Manage+ and Procure+ software solutions were given the top rating in ECPweb.com's Technology Asset Manager publication in the IT asset and software management (ITAM) category.

ePlus was awarded the single highest business value score and the highest composite score for all solutions evaluated (including ASAP, Everdream, HP, Softchoice, Software Spectrum, Peregrine, Altiris, CA, and others). ECP's business value ratings were based on several criteria, including lifecycle management, contract and software license agreement, software usage and reconciliation, reporting, procurement and requisitions, and financial management.

"ePlus scored high in our rankings based on its features, business value, and flexibility to combine several point solutions to meet a customer's requirements, delivering a suite of products as a hosted service," explained Steven Russman, publisher and managing partner of ECPweb.com. "With an integrated, procurement-focused tool suite that includes a full-function IT asset repository, our experts rated ePlus the highest in overall business value to organizations."

ePlus' top ranking clearly demonstrates the proven success of its Enterprise Cost Management (ECM) strategy and reinforces its vision and innovation in delivering best-in-breed solutions. ePlus ECM solutions reduce the costs associated with purchasing, owning, and financing assets through a unique combination of patented software, leasing and financial solutions, and IT sales and services. The modular suite empowers organizations to enhance operational efficiencies, improve decision making, support Sarbanes-Oxley compliance efforts, and drive cost savings to their bottom line.

"We're delighted to be highly recognized by ECPweb.com in its comprehensive study of the industry's best and certified ITAM solutions," said Ken Farber, president of ePlus Systems, Inc. "ECP's evaluation further extends ePlus' visibility and distinction in the marketplace, illustrating the proven power behind our innovative approaches of integrated asset management and eProcurement software and the related synergies from the combination of our offerings."

In the Fall 2005 edition of Technology Asset Manager, ECP announced its 2005 list of the IT asset and software management tools that it has certified as the industry's current best. The ratings were compiled based on evaluations by end users and ECP experts for two broad functional areas--business value and feature/function--and for 16 major component functions.

ECP evaluated Manage+ and Procure+ in a hosted setting and found the solutions to meet expectations in all categories, scoring highest in reporting, procurement, financial management, user interface, and workflow. ePlus was noted as an optimal choice for organizations looking for an integrated, procurement-focused tool suite that includes a full-function IT asset repository.

To read the full article, go to www.eplus.com/ecpweb.

About ECPweb.com

ECPweb.com is the innovative leader in timely news and reviews of technology asset, service, and software management issues, practices, and tools. Tools Manager(TM) and the ECP Assessment Matrix are the first independently-developed and objective evaluation methods of comparing IT asset and software management tools. Only tools displaying ECP's certified logo are rated according to this method. For more information, visit www.ECPweb.com, call 734-930-1295, or email Inquiry@ECPweb.com.

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, spend analytics, 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 United States. For more information, visit www.eplus.com, call 888-482-1122, or email info@eplus.com.

ePlus, Procure+, Manage+, eECM, ePlus Enterprise Cost Management, and/or other ePlus products referenced herein are either registered trademarks or trademarks of ePlus inc. in the United States 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.

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