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ePlus Receives New Exclusive Awards Under the PEPPM 2015 Contract

HERNDON, Va., Feb. 4, 2015 (GLOBE NEWSWIRE) -- ePlus inc. (Nasdaq:PLUS) today announced that its subsidiary, ePlus Technology, inc., has received new awards from the PEPPM (Public Sector Technology Bidding and Purchasing Program) 2015 product line bid for both Pennsylvania and California. The new PEPPM 2015 contracts took effect January 1, 2015 and are through December 31, 2017, with an optional one-year extension.

ePlus' numerous exclusive PEPPM product line awards cover a range of core focus areas for the company, such as network infrastructure, data center, storage, and security from leading manufacturers (including Cisco, Citrix, Lenovo, Palo Alto, Pure Storage, and more). In addition to its direct PEPPM awards, ePlus was also named as an authorized contract agent for Barracuda, Dell, Epson, FireEye, HP, Liebert, Microsoft, NetApp, ViewSonic, VMware, and others.

"We are very pleased with the receipt of these new PEPPM awards," said Darren Raiguel, executive vice president of technology sales at ePlus. "We look forward to the opportunity to further serve the hundreds of public sector organizations who participate in the PEPPM program, especially with our new direct awards in California. ePlus hopes the competitive pricing and broad base of PEPPM product line awards will be an enabler for K12 schools and libraries looking to maximize their technology budgets for the next few years, especially in wireless/mobility, data center, networking, and security."

"ePlus has proven itself to be an excellent supplier to schools and other public sector agencies over the past 15 years," said David Manney, program manager of the national PEPPM technology bidding and purchasing cooperative. "The knowledgeable people at ePlus won their contract awards by way of a competitive bid process. Not only has ePlus provided great educational discounted pricing, they have provided excellent service throughout the contract term. ePlus has been a model for other suppliers to follow, and they are one of the reasons why public sector buyers in communities throughout the U.S. trust contracts awarded by PEPPM."

More information about PEPPM contracts can be found at www.peppm.org.

ePlus currently works with school districts, universities, and government agencies across the United States through its public sector contract vehicles in California, Connecticut, Delaware, Massachusetts, Maryland, Maine, North Carolina, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Texas, Virginia, and West Virginia. In addition, ePlus is a major PEPPM contract holder available in all states as well as WSCA Authorized in several states for certain manufacturers.

About ePlus inc.

ePlus is a leading integrator of technology solutions. ePlus enables organizations to optimize their IT infrastructure and supply chain processes by delivering complex information technology solutions, which may include managed and professional services and products from top manufacturers, flexible financing, and proprietary software. Founded in 1990, ePlus has more than 950 associates serving commercial, state, municipal, and education customers nationally. The Company is headquartered in Herndon, VA. For more information, visit www.eplus.com, call 888-482-1122, or email info@eplus.com. Connect with ePlus on Facebook at www.facebook.com/ePlusinc and on Twitter at www.twitter.com/ePlus.

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 financial market disruption 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, and restrictions on our access to capital necessary to fund our operations; our ability to consummate and integrate acquisitions; the possibility of goodwill impairment charges in the future; significant adverse changes in, reductions in, or losses of relationships with major customers or vendors; the demand for and acceptance of, our products and services; our ability to adapt our services to meet changes in market developments; our ability to implement comprehensive plans for the integration of sales forces, cost containment, asset rationalization, systems integration and other key strategies; our ability to reserve adequately for credit losses; our ability to secure our electronic and other confidential information; future growth rates in our core businesses; our ability to protect our intellectual property; the impact of competition in our markets; the possibility of defects in our products or catalog content data; our ability to adapt to changes in the IT industry and/or rapid change in product standards; our ability to realize our investment in leased equipment; our ability to hire and retain sufficient qualified personnel; 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 703-984-8150Source:ePlus inc.