ePlus Technology Attains HP BladeSystem Elite Status

Market Wire, February, 2008

ePlus inc. (PINKSHEETS: PLUS) today announced that ePlus Technology inc., a wholly owned subsidiary, has achieved HP BladeSystem Elite status. Part of HP's PartnerONE program, the BladeSystem Elite designation recognizes a partner's investment in the training and product expertise required to maintain best-in-class HP ProLiant blade solutions.

"Attaining HP BladeSystem Elite status is a testament to our success providing customers with best-run IT infrastructures for their data center needs," said Chris Finney, HP national practice manager of ePlus. "Our engineering-centric culture drives our commitment to delivering solutions that leverage the latest technological innovations. We are pleased to be recognized by HP for our continued investments in blade technology and for helping our customers simplify server and storage management."

"We're delighted to acknowledge ePlus for its demonstrated success in BladeSystem technology," said Frank Rauch, vice president, Technology Solutions Group Sales, Solution Partners Organization -- Americas, HP. "As a BladeSystem Elite partner, ePlus has earned the tools, support, and incentives to further increase sales and to pass additional benefits on to its customers."

HP BladeSystem Elite is a Technology Elite Track in HP's PartnerONE program. It provides incentives to business development partners who possess demonstrable areas of expertise aligned with HP's go-to-market initiatives and who meet competency and revenue requirements, including completion of national technical certification requirements.

As a leading HP Platinum Business Partner and HP National Enterprise Elite Partner, ePlus delivers enterprise solutions to corporations, state and local government, education, and healthcare organizations. Its team of engineers holds more than 70 collective HP certifications, consisting of certified blade engineers in all regional offices, HP Master SAN architects, VMware certified engineers, and many other advanced technical resources. ePlus also provides professional services to help organizations plan, design, and deploy the application environments to best run on blade servers. For more information on ePlus' HP Blades, visit http://www.eplus.com/hp_bladesystem.htm or http://www.eplus.com/hp.htm .

About ePlus inc.

ePlus is a leading provider of technology solutions. ePlus enables organizations to optimize their IT infrastructure and supply chain processes by delivering world-class IT products from top manufacturers, professional services, flexible lease financing, proprietary software, and patented business methods. Founded in 1990, ePlus has more than 625 associates in 30 locations serving more than 2,500 customers. The Company is headquartered in Herndon, VA. For more information, visit http://www.eplus.com , call 888-482-1122, or email info@eplus.com .

ePlus® and 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 February 14, 2008. ePlus undertakes no duty to update this information.

Contact: Kleyton Parkhurst, SVP ePlus inc. Email Contact 703-984-8150