ePlus Technology Recognized by Cisco as a Network-Hosted Storage Applications Authorized Technology Provider

Business Wire, June 19, 2007

HERNDON, Va. -- ePlus inc. (Nasdaq NGM: PLUS), today announced that its wholly owned subsidiary, ePlus Technology, Inc., has achieved Network-Hosted Storage Applications Authorized Technology Provider status from Cisco. This designation recognizes ePlus for its investment in gaining specific knowledge and expertise in selling, planning, designing, implementing, and optimizing storage networking solutions, including network-based applications. To receive this designation, ePlus completed the requirements for the Cisco Storage Networking Specialization.

"Being recognized as a Cisco ATP channel partner in Network Hosted Storage demonstrates our commitment to Cisco technology and strengthens our status as an end-to-end Cisco solutions provider," said Mark Marron, senior vice president of ePlus. "This achievement demonstrates ePlus' expertise in the emerging world of complex networking technologies. ePlus and the Cisco account management team will continue working together as we develop and enhance our mutual capabilities to support our customers--helping them lower total cost of ownership and maintain business continuity."

"As customers start deploying more network-enabled applications for their data center and storage infrastructures, Cisco Authorized Technology Provider Partners such as ePlus are critical for the growth of this market," said John Growdon, director of data center, routing and switching, worldwide channels for Cisco.

Through its industry-leading MDS 9000 SAN-OS Software and other series products, Cisco provides an open-standards-based platform to help enable the deployment of high-performance intelligent fabric applications-such as network-based volume management, remote replication, and continuous data protection-from third-party storage software vendors. The Cisco MDS 9000 Intelligent Fabric Applications complement the Cisco Data Center Network Architecture, an integrated set of products, best practices, and services that help information technology managers build and operate best-in-class network platforms.

The Cisco Authorized Technology Provider (ATP) Program is a key part of Cisco's emerging technology go-to-market strategy. The program helps define the knowledge, skills, and services that channel partners need to successfully sell, deploy, and support a given technology. As markets mature and technologies progress along the adoption curve, some ATP programs migrate to Cisco Specializations.

About ePlus inc.

ePlus empowers customers to maximize productivity, efficiency, and cost savings through the best people, practices, and knowledge in the technology industry. By providing access to world-class IT products and services, top level manufacturer certifications, flexible lease financing, and patented software, ePlus delivers the choices and tools for organizations to optimize their IT infrastructure and supply chain processes. Founded in 1990, ePlus has more than 650 associates in 30 offices serving more than 2,500 customers. The company is headquartered in Herndon, VA. For more information, visit www.eplus.com, call 888-482-1122, or email info@eplus.com.

ePlus[R] 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 that 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. All information set forth in this release is as of June 19, 2007. ePlus undertakes no duty to update this information.

Cisco, the Cisco logo, and Cisco Systems are registered trademarks of Cisco Systems Inc. in the United States and certain other countries.