ePlus Supplier Enablement and Catalog Solutions Selected by Northeast Utilities

Business Wire, March 16, 2007

Largest Utility Company in New England Chooses ePlus for Supplier Enablement and Catalog Management

HERNDON, Va. -- ePlus inc. (Nasdaq NGM:PLUS), a leading provider of Enterprise Cost Management solutions, today announced that Northeast Utilities (NYSE:NU), operator of New England's largest energy delivery system, has selected ePlus' Supplier Portal and Catalog Management.

Northeast Utilities chose ePlus based on the company's responsiveness and flexibility in meeting specific requirements for ease of use and user acceptance. NU sought an application that could add greater efficiencies to its ordering processes, was capable of managing high volumes of transactions, and would be accepted by users.

Key requirements for NU included an application that simplified its requisitioning process and provided superior search capabilities to manage NU's high transaction volume. The proprietary ePlus catalog software was configured to allow users to order directly from the catalog via the NU intranet site without requiring users to log in to the procurement system. Once an order is placed, it is transmitted to NU's internal system with the user's departmental information, eliminating the need to enter this information manually.

"The ePlus Catalog and Supplier Portal allows NU to manage a single punch out to an aggregated catalog, linking to all other supplier sites and saving NU resources. There is also the benefit of stand-alone catalog item searching, with a single sign-on, and the shopping cart contains items from local and/or punch-out suppliers," said Ken Farber, president of ePlus Systems, inc. "This is an example of how our supplier enablement and catalog technology can be used to support anyone's procurement environment, not just the ones ePlus provides."

ePlus is sponsoring a webinar in cooperation with the National Association of Purchasing and Payables (NAPP) on March 29, 2007 that will highlight Northeast Utilities as a case study and explore how it boosted its procurement system adoption with ePlus solutions. To register for the webinar, visit http://www.nappconference.com/eventS.htm.> About Northeast Utilities

Northeast Utilities, a Fortune 500 energy company based in Connecticut, operates New England's largest energy delivery system. NU is committed to safety, reliability, environmental leadership and stewardship, and expanding energy options for its more than 2 million electricity and natural gas customers. For more information on Northeast Utilities and its subsidiaries, visit the NU family of Web sites at www.nu.com.

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 analytics, supplier management, document collaboration, asset management, professional services, and leasing to ePlus' 2,700 customers. Founded 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[R] ePlus Enterprise Cost Management[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 March 16, 2006. ePlus undertakes no duty to update this information.