ePlus Teams with Shelby Technology Solutions to Provide Procurement and Supplier Enablement Services

Business Wire, March 8, 2005

HERNDON, Va. -- Companies Will Engage in Joint Sales and Marketing Opportunities and Create Certified Training Center

ePlus inc. (Nasdaq NM:PLUS), a leading provider of Enterprise Cost Management solutions, announced today that its subsidiary, ePlus Systems, Inc. has entered into a teaming agreement with Shelby Technology Solutions, LLC, an affiliate of The Shelby Group, LLC. Pursuant to the agreement, the companies will combine their technology and expertise in the areas of eProcurement, spend management, supplier enablement, and enterprise application integration and change management, to provide comprehensive solutions to the marketplace.

In addition, ePlus and Shelby Technology Solutions will create a certified training center for ePlus software solutions. The Center will offer formal training programs on procurement, content enablement, and spend management.

ePlus and Shelby will provide a suite of products and services, including software solutions (Procure , Manage , Content , and Spend from ePlus), accounts payable services, application hosting, strategic sourcing, leveraged contract buying, business process outsourcing, and training.

"Shelby Technology Solutions brings a broad knowledge of best practices and best-of-breed technology expertise to complement ePlus software solutions," said Ken Farber, president of ePlus Systems, Inc. "By joining forces with Shelby, we will deliver a powerful suite of solutions that enables organizations to increase productivity and efficiencies, control costs, and gain a strong competitive advantage."

"Adding ePlus as a partner allows Shelby an opportunity to offer a greater depth of options to our customers when guiding them through software selection," commented Paul Bartko, Managing Partner at Shelby Technology Solutions. "Additionally, ePlus allows Shelby's existing Spend Management customers to take advantage of improved ROI, spend throughput and user adoption with ePlus' content services solutions."

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

About Shelby Technology Solutions, LLC

Shelby Technology Solutions, LLC (an affiliate of The Shelby Group, LLC) serves Global companies focused on enterprise process and technology initiatives. Shelby helps its clients reduce the costs of purchasing by improving their ability to serve their customers, supplier relationships and internal operations. Its services are comprised of Spend Management, Enterprise Resource Management, Change Management, Enterprise Application Integration and Emerging Technologies. The practical approach taken combines a broad knowledge of best practices and best-of-breed technology expertise with a deep understanding of specific industries. Shelby's experienced consultants are known for their highly collaborative, team-oriented approach to working with its clients.

For additional information, visit www.theshelbygroup.com, call 845-689-2222 or email info@theshelbygroup.com.

ePlus, Procure , Content , Manage , Spend , 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.