updated 2/28/2011 8:45:49 AM ET 2011-02-28T13:45:49

HERNDON, Va., Feb. 28, 2011 (GLOBE NEWSWIRE) -- ePlus inc. (Nasdaq:PLUS) today announced that its wholly owned subsidiary, ePlus Systems, inc., will be moderating a panel discussion on the role of eProcurement in a shared services environment at Shared Services and Outsourcing Week (SSOW).

The event is hosted by Shared Services & Outsourcing Network (SSON), a community of shared services and outsourcing professionals. The event highlights success stories and methodologies used to reduce costs and improve the quality and delivery of services by enterprises which utilize internal shared services infrastructures and/or outsourced services providers.

ePlus will be joined on the panel by Bill Portuese, CPM and senior director of procurement at UGL Services, who will discuss his organization's experience in managing the procurement function in a complex shared services environment.

UGL Services has been an ePlus Systems customer since 2003, during which time it has increased its spend under management to more than 92% of total spend.

At SSOW, ePlus is also an exhibitor and will be previewing a new release of its eProcurement solution.

Shared Services and Outsourcing Week takes place March 1-3, 2011 at the Peabody Hotel, in Orlando, FL. More information about the event can be found at http://www.sharedservicesweek.com .

About UGL Services

UGL Services is a division of UGL Limited that provides outsourcing services to property users worldwide. The business has an end-to-end model that includes corporate real-estate advisory, integrated facilities management, and project management services. The comprehensive service platform enables UGL Services customers to delegate key facilities and real estate functions to a single entity to realize operational and strategic benefits. For further information about UGL Services in North America, call 888-751-9100 or visit http://www.ugl-unicco.com .

About ePlus Systems, inc.

ePlus Systems, inc., a wholly owned subsidiary of ePlus inc., delivers Enterprise Cost Management solutions and services to help public sector clients and commercial organizations across all industries get the most value from their spend. Its diversified portfolio of solutions includes eProcurement, supplier enablement, catalog content management, spend analytics, document management, and asset management. These solutions help drive cost savings, improve compliance, and enhance productivity throughout the organization. ePlus solutions are offered as hosted Software as a Service (SaaS) and traditional enterprise licenses.

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 690 associates in 20+ locations serving federal, state, municipal, and commercial 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. Information contained in this release regarding UGL Services has been provided by UGL Services and ePlus has not undertaken to verify such information

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 materially due to certain risks and uncertainties, including, without limitation, possible adverse effects resulting from the recent financial crisis in the credit markets and general slowdown of the U.S. economy such as our current and potential customers delaying or reducing technology purchases, increasing credit risk associated with our customers and vendors, reduction of vendor incentive programs, the possibility of additional goodwill impairment charges, and restrictions on our access to capital necessary to fund our operations; the demand for and acceptance of, our products and 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; our ability to consummate and integrate acquisitions; our ability to raise capital and obtain non-recourse financing for our transactions; our ability to reserve adequately for credit losses; and other risks or uncertainties detailed in our reports filed with the Securities and Exchange Commission. All information set forth in this press release is current as of the date of this release and ePlus undertakes no duty or obligation to update this information.

CONTACT: Kleyton Parkhurst, SVP
         ePlus inc.
         kparkhurst@eplus.com
         703-984-8150

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 5.03%
$30K home equity loan FICO 5.68%
$75K home equity loan FICO 4.87%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.42%
13.42%
Cash Back Cards 17.94%
17.94%
Rewards Cards 17.15%
17.15%
Source: Bankrate.com