updated 6/14/2011 9:16:56 AM ET 2011-06-14T13:16:56

HERNDON, Va., June 14, 2011 (GLOBE NEWSWIRE) -- ePlus inc. (Nasdaq:PLUS) today announced that its subsidiary, ePlus Technology, inc., has been ranked 37th by Everything Channel in the 17th annual VAR500 list, moving up from 86 in last year's ranking. The VAR500 list ranks the top technology integrators in North America. ePlus was also recognized for the industry's "Best Partnership." Featuring the largest technology integrators and solution provider organizations in the IT channel, the VAR500 rankings consider revenue from hardware sales, software sales, and managed IT services.

The VAR500 is a list of the largest value-added resellers, solution providers, and integrators in North America by revenue size. Revenue size is determined by the amount of annual products and services sold over the course of 2010.

"ePlus is pleased to be acknowledged by Everything Channel with the 2011 Best Partnership award as well as for the significant jump in our ranking of the nation's top technology integrators this year to number 37," said Mark Marron, president of ePlus Technology. "Our increased ranking from previous years affirms the value we bring to our customers, partners, and vendors by delivering a broad range of solutions for the data center as well as cloud computing, unified communications, video, storage, security, managed services, and more."

"The VAR500 represents the top-performing solution providers in the IT community," said Kelley Damore, VP, editorial director, Everything Channel. "Vendors of all sizes rely heavily on the VAR500 list to find those solution providers best suited to sell their products. VAR500 honorees are considered trusted business advisors, integration experts, and invaluable partners. Even more importantly, they solve customers' biggest IT business problems through product integration, training, consulting, and services. We congratulate ePlus Technology for making this year's VAR500 list and for winning the 2011 Best Partnership award."

VAR500 Executive Conference and Awards

The 2011 VAR500 list and individual award winners were announced at the VAR500 Executive Conference and Awards, an elite two-day conference designed for high level executives to meet with VAR500 companies to discuss business models, technology offerings, and partnerships. Held June 13-14, 2011 at the Sawgrass Marriot in Jacksonville, Florida, the conference focused on channel marketing strategies and direction, offering actionable content to the top Solution Provider organizations in North America. Attendees learned the secrets for uncovering new market opportunities from industry experts, peers, and fellow VAR500 companies.

A sample of the VAR500 list will be published in print and online at CRN.com on June 20, 2011.

Everything Channel

Everything Channel is the premier provider of IT channel-focused events, media, research, consulting, and sales and marketing services. With over 30 years of experience and engagement, Everything Channel has the unmatched channel expertise to execute integrated solutions for technology executives managing partner recruitment, enablement, and go-to-market strategy in order to accelerate technology sales.  Everything Channel is a UBM company. To learn more about Everything Channel, visit us at http://www.everythingchannel.com .

About UBM plc

UBM plc is a leading global business media company. We inform markets and bring the world's buyers and sellers together at events, online, in print, and provide them with the information they need to do business successfully. We focus on serving professional commercial communities, from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists, around the world. Our 6,000 staff in more than 30 countries are organised into specialist teams that serve these communities, helping them to do business and their markets to work effectively and efficiently. For more information, go to www.ubm.com .

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 700 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. 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 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

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