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Tue, January 27, 2009

ePlus inc.: ePlus Technology Receives Product Authorization for HP StorageWorks XP Disk Arrays


Published on 2009-01-27 06:24:29, Last Modified on 2009-01-27 06:25:28 - Market Wire
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HERNDON, VA--(Marketwire - January 27, 2009) - ePlus inc. (NASDAQ: [ PLUS ]) today announced that ePlus Technology inc., a wholly owned subsidiary, has been authorized to sell the HP StorageWorks XP Disk Array in the Mid-Atlantic, Northern California, New England, South Central, Southeast, and Liberty (greater New York metropolitan) regions. The new enterprise-class product authorization recognizes ePlus' fulfillment of revenue requirements and technical certification requirements.

"We're pleased to achieve another product authorization from HP. The HP StorageWorks XP Disk Arrays are appealing to organizations that cannot afford downtime, planned or unplanned. These disk arrays will help our customers achieve uninterrupted data availability and business continuity while at the same time controlling costs through storage consolidation," said Eric Lamp, HP national practice manager at ePlus.

As an authorized HP PartnerONE Business Partner and HP Solution Elite Partner, ePlus delivers enterprise solutions to corporations, state and local government, education, and healthcare organizations. Its team of engineers holds more than 70 collective HP certifications, consisting of certified blade engineers in all regional offices, HP Master SAN architects, VMware certified engineers, and many other advanced technical resources. ePlus also holds HP PartnerONE Elite status in Virtualization Solutions, Microsoft Unified Communications Solutions, Oracle Solutions, BladeSystem Solutions, HP Services, Enterprise Storage, ProCurve Networking, and Office Printing. For more information about HP solutions from ePlus, visit [ http://www.eplus.com/hp ].

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 650 associates in 20+ locations serving more than 2,500 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 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, and restrictions on our access to capital necessary to fund our operations; the existence of demand for, and acceptance of, our 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 release is as of the date of this release. ePlus undertakes no duty to update this information.

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