ePlus Named to CRN’s Managed Service Provider 500 List

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ePlus Named to CRN’s Managed Service Provider 500 List

HERNDON, VA – February 25, 2014 – ePlus inc. (NASDAQ NGS: PLUSnews) today announced that it has been named to CRN’s Managed Service Provider (MSP) 500 list as one of the MSP Elite 150.  The annual list recognizes the top technology providers and consultants in North America whose cutting-edge approach to managed services puts end-user customers in the best position to improve efficiencies, cut costs, and speed time to market for their own products and services.
 
In today's world of computing power, end users are barraged by options.  CRN, the leading media outlet for vendors and solution providers attempting to understand sales and service channels, selected the top MSPs in order to bring clarity to the decision-making process.
 
This year, CRN’s MSP500 is broken down into three groups highlighting the MSP Elite 150, who are large data center-focused solution providers with a strong mix of on-premise professional services as well as off-premise services; the MSP Pioneer 250, who have a business model heavily weighted toward managed services focused on the small- and midsize-business market; and the MSP Hosting Service Provider 100, who own and operate their own data centers, providing a wide array of subscription-based outsourced services.
 
“The managed services landscape continues to evolve rapidly as organizations are discovering they can impact both bottom-line and top-line growth,” said Robert Faletra, CEO, The Channel Company.  “When it comes to strong managed services and off-premise solutions, these companies are the industry’s proven leaders, showing just how they can change the game for their customers and we congratulate them on their success.”
 
“We’re honored to be acknowledged by CRN in the Elite 150 for our Managed Services success, which is an integral part of our comprehensive core infrastructure and data center lifecycle service offering,” said Dan Farrell, senior vice president of national services for ePlus Technology.  “ePlus continues to invest in people and tools to build a robust Managed Services organization as we evolve to stay at the forefront of constantly changing technology.  Recently opening our third facility demonstrates our commitment to expanding our Managed Services capabilities to meet our customers’ needs, allowing them to focus on their strategic initiatives.”
 
Coverage of the MSP500 will be featured in the February/March issue of CRN, and online at www.CRN.com.
 
About ePlus Managed Services
 
ePlus Managed Services help enterprises proactively control their IT infrastructure and off-load a significant burden of day-to-day IT tasks in order to optimize operations and manage risk.  ePlus has delivered Managed Services for more than 10 years to a wide range of customers across multiple industry verticals through its 24/7/365 Managed Services Centers.  For more information about ePlus Managed Services, visit www.ePlus.com/ManagedServices/Pages/default.aspx.
 
About the Channel Company
 
The Channel Company is the sales channel community's trusted authority for growth and innovation, with established brands including CRN, XChange Events, IPED, and SharedVue.  For more than three decades, the company has leveraged its proven and leading-edge platforms to deliver prescriptive sales and marketing solutions for the technology sales channel.  The Channel Company provides Communication, Recruitment, Engagement, Enablement, Demand Generation, and Intelligence services to drive technology partnerships.  Learn more at www.thechannelcompany.com.
 
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 world-class IT products from top manufacturers, managed and professional services, flexible lease financing, proprietary software, and patented business methods and systems.  Founded in 1990, ePlus has more than 900 associates serving federal, state, municipal, and commercial 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 and on Twitter at .   
 
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.

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