ePlus Sponsors Aberdeen Group Online Conference "Strategies for Procurement Outsourcing Success"

Market Wire, July, 2004

ePlus inc. (NASDAQ: PLUS) announced today that it is a sponsor of a recent webinar on Procurement Outsourcing hosted by the Aberdeen Group.

The webinar includes analysis of key business drivers in the procurement outsourcing marketplace as well as case study presentations from sponsor panelists on how the drivers impacted their enterprises, the strategies they adopted as a result, and the technologies they used to enable the implementation of these strategies.

The presentation from ePlus highlighted an outsourced procurement solution that was implemented at Michael Baker Corporation, a world-class leader in engineering and energy services. According to Michael Baker, the ePlus solution resulted in an 80% reduction in purchasing process costs, a 70% reduction in purchasing cycle time, and improved control of total cost of ownership for all corporate assets.

To access this Aberdeen webinar, please visit: http://www.aberdeen.com/ab_company/events/procurementoutsourcing0604.htm.

ePlus delivers a comprehensive suite of Enterprise Cost Management (ECM) solutions and services encompassing eProcurement, content management, asset management, financial services, and outsourced procurement services (OPS). ePlus has delivered outsourced procurement services for IT products to commercial, government and educational customers since 1997, and is introducing these services in other categories such as industrial MRO, office products, facilities supplies & services, packaging, and contract labor.

Procurement services to be managed on an outsourced basis by ePlus include, but are not limited to:

--  Spend analysis and opportunity identification
--  Strategic sourcing, negotiation and contracting
--  Fulfillment services
--  Contract management
--  Supplier management
--  Procure-to-pay transaction management
--  Spot buying services
--  Catalog and content management services, including supplier enablement
    

ePlus has also recently sponsored the Aberdeen Group's Benchmark Report on Procurement Outsourcing. To obtain a copy of the Aberdeen report, visit the ePlus website: http://www.eplus.com/web/BaseRenderer.aspx?tid=20.

About Aberdeen Group

Founded in 1988, Aberdeen Group is the trusted advisor to the Global 5000 for value chain strategies and technology advice. Through its continued benchmarking and analysis of value chain practices, Aberdeen offers a unique mix of research, tools, and services to help G5000 executives assess their value chain performance, develop improvement strategies, and select value chain solution partners. Aberdeen Group provides IT market intelligence, positioning, and market acceleration services to established and start-up technology companies. We help clients to identify new market opportunities, enter those markets successfully, and accelerate the adoption of new technologies.

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

ePlus® is a registered trademark of ePlus inc. ePlus Enterprise Cost Management, and eECM are trademarks or trademarks applied for of ePlus inc. Other marks referenced herein are property 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.

Contact: Jill Schmidt S&S Public Relations jills@sspr.com 847-415-9311 Kleyton L. Parkhurst, SVP ePlus inc. kparkhurst@eplus.com 703-709-1924