ePlus Recognized by Cisco Systems as Rich Media Communications Advanced Technology Provider; Strengthens ePlus' Commitment to Customers and Ability to Provide End-to-End Cisco Advanced Solutions

Business Wire, August 8, 2006

HERNDON, Va. -- ePlus inc. (Nasdaq NGM:PLUS), announced that its subsidiary, ePlus Technology, inc., has achieved the Rich Media Communications (RMC) Advanced Technology Provider (ATP) status from Cisco Systems(R). This ATP designation is by invitation only and recognizes ePlus for its ability to offer enterprise customers a comprehensive business solution that will allow them to collaborate more effectively, reduce travel costs, and improve productivity.

"The Rich Media Communications ATP status indicates that ePlus has the expertise to successfully deploy rich-media, collaboration solutions, which are one of the most advanced technologies Cisco offers," said Edison Peres, vice president of Technology and Program, Worldwide Channels at Cisco Systems. "The RMC ATP program builds upon a foundation of Cisco Unified MeetingPlace products and provides a fully integrated, voice, video, and Web conferencing solution."

"Cisco RMC enables our customers to benefit from highly-collaborative meetings, training sessions, and presentations," said Fred Nielsen, network convergence architect at ePlus. "It is a natural extension of our success and expertise in Cisco Unified Communications and allows customers to leverage their existing IP voice, data networks, and enterprise applications--providing a cost-effective, flexible, and secure solution for meetings with internal and external parties--whether customer managed or outsourced."

With continuous investment in gaining additional specializations and expanding its commitment to Cisco solutions, this announcement complements some other recent ePlus accomplishments, including becoming an authorized reseller for CROS (Cisco Remote Operations Support) and an agreement with BCE Elix (a leading provider of IP Contact Center Enterprise consulting) to provide contact center solutions to its customers nationwide.

"Being recognized as a Cisco ATP channel partner is a testament to ePlus' commitment to Cisco technology as we continue to establish our footprint as a leader in end-to-end Cisco solutions," said Phillip G. Norton, ePlus' chairman, president, and chief executive officer. "Our unique approach to systems design and implementation allows customers to lower their total cost of ownership, increase up-time, and benefit from productivity gains, enhanced ease of management, high availability, reduced costs, and the ability to meet regulatory compliance."

ePlus Technology, inc. is a wholly owned subsidiary of ePlus inc. and is a direct marketer of IT products and professional services.

About ePlus inc.

ePlus is a leading provider of Enterprise Cost Management solutions to information technology, finance, procurement, operations, and supply chain professionals who want to reduce the costs of finding, purchasing, managing, and financing information technology goods and services. Our Enterprise Cost Management solutions provide sourcing, procurement, spend analytic, supplier management, document collaboration, asset management, professional services, and leasing to ePlus' 2,000 customers. Founded in 1990, 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, 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 other companies and products mentioned herein may be the trademarks of their respective owners.

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 reports filed with the Securities and Exchange Commission.