ePlus Earns VHA Inc. Sales Growth Award

/ Source: GlobeNewswire

HERNDON, Va., March 15, 2011 (GLOBE NEWSWIRE) -- ePlus inc. (Nasdaq:PLUS) today announced that its wholly owned subsidiary, ePlus Technology, inc., earned VHA's Best Sales Growth Award in 2010 at the VHA Supplier Summit, held February 9-11, 2011 in Las Vegas.

VHA Inc., the nationwide network of not-for-profit hospitals that work together to improve clinical and economic performance, recognized several outstanding suppliers that its members have identified as industry leaders for their support of VHA member organizations. ePlus was acknowledged for its accelerated growth in 2010 and its concentrated effort in maximizing the value of its VHA partnership.

ePlus has been a VHA value-added reseller for more than nine years. Through its agreements with VHA, ePlus offers a broad range of IT equipment and services, as well as a variety of financing and leasing services for IT and medical equipment to approximately 1,350 VHA member healthcare organizations and more than 30,000 non-acute facilities nationwide.

"ePlus continues to deliver excellent service to VHA's members, providing them with affordable access to the equipment they need to deliver exemplary patient care. We recognize their commitment to our members for superior performance in 2010," said David Gillan, vice president of specialty sourcing at Novation.

"We're proud to be acknowledged by VHA for our stellar sales growth in 2010," said Mark Marron, president of ePlus Technology. "This award follows our recent recognition by Everything Channel's CRN Magazine as one of the Top Healthcare VARs. These designations affirm the success we've had in helping healthcare organizations to improve quality of service, maximize patient care, and meet the demands of their budgets."

More information about the servicesePlus offers to VHA member organizations can be found at .

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 , 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