ePlus and RTI Selected by Aberdeen for Best Practices in eProcurement; Use of Procure+ Provides Cost Savings and Cycle Time Reduction

Business Wire, Jan 4, 2006

HERNDON, Va. -- ePlus inc. (Nasdaq NM:PLUS), a leading provider of Enterprise Cost Management solutions, today announced that its implementation of Procure at RTI International has been selected by Aberdeen Group as a best practice in eProcurement.

RTI's successful use of Procure from ePlus was recognized for its quantifiable cost savings, business benefits, and substantial, measurable impact on the way RTI streamlines, manages, and optimizes procurement requisition-to-payment processes as published in Aberdeen Group's December 2005 special report, Best Practices in eProcurement.

Aberdeen selected the winning deployments in its report based on a number of criteria, including percentage of total spend managed; breadth of types of spend managed; breadth and scope of automated purchasing program; reductions in requisition cycles and costs; reductions in overall costs achieved through improved spend visibility and requisitioning; and improvements in compliance, budgeting, risk mitigation, and other business issues affected by procure-to-pay automation.

"RTI's use of Procure is a great example of the hard dollar savings that eProcurement can deliver to organizations," said Kevin Fitzgerald, vice president of Supply Management Research at Aberdeen Group, Inc. "From driving purchases through contracted suppliers to better leverage of spend, the ePlus/RTI relationship clearly illustrates the tangible benefits that can be gained from a comprehensive eProcurement solution."

RTI International has been using an enterprise-wide hosted version of Procure for more than four years to handle almost all its purchasing. The system has enabled RTI to simplify and speed the entire procure-to-pay process, dramatically reduce off-contract spending, and decrease its cost per order by 70%. RTI's purchasing department has evolved from order placers to a strategic sourcing organization that makes better spend management and budgeting decisions based on critical purchasing data provided by Procure .

"We're pleased to be highlighted in Aberdeen Group's research report for our use of Procure ," said Jon Davis, director of RTI's Office of Purchasing. "We've been impressed with the savings from the ePlus system, which amounted to more than $1 million in fiscal year 2005. Our next initiative is to add more spend categories and capture more POs and line items, which should not be difficult with Procure already in place."

"We're delighted to be recognized as one of the industry's best practices in eProcurement by Aberdeen Group," said Chris Benedetto, vice president of marketing for ePlus Systems, Inc. "We're proud of our relationship with RTI and in our ability to provide a solution that has revolutionized its purchasing process and delivered measurable savings."

The Aberdeen report is available at this link: http://www.aberdeen.com/link/sponsor.asp?spid=30410245&cid=2463.

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. 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, Procure , 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.

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