HERNDON, Va., Dec. 23, 2009 (GLOBE NEWSWIRE) -- ePlus inc. (Nasdaq:PLUS) today announced that its wholly owned subsidiary, ePlus Technology inc., has received seven new awards from the PEPPM (Public Sector Technology Bidding and Purchasing Program) 2010 supplemental product line bid. The new PEPPM 2010 contracts will take effect January 1, 2010 for the calendar year.
ePlus' new PEPPM awards cover a range of network system and security software, email and document archiving, networking products, system management tools, and virtual machine software from the following manufacturers: Citrix, Computer Associates, Juniper, McAfee, Mimosa Nearpoint, Quest Software, and VMware.
In addition to receiving new PEPPM contracts, all of ePlus' eligible existing PEPPM contracts were extended for 2010 as well, including products from Cisco, HP Printing and Networking, IBM, Lenovo, Symantec, Toshiba, and others.
The majority of these PEPPM contracts have been made available to schools and local governments throughout the United States and can be accessed by visiting www.peppm.org. ePlus has been a major contract awardee on PEPPM since 1999.
"We're pleased with both the receipt of these new PEPPM awards as well as the renewal of our existing contracts," said Darren Raiguel, national vice president, public sector at ePlus Technology. "We look forward to the opportunity to further serve the hundreds of public sector organizations who participate in the PEPPM program. We can continue to expedite technology purchases through these contracts, especially for customers who are now considering virtual desktops for increased efficiency, reliability, and availability. By combining our technical expertise, long-standing strategic relationships with key vendors like VMware and Citrix, and these brand new contracts, we can help organizations virtualize, simplify, and better control their IT infrastructures."
"PEPPM contracts are awarded to many manufacturers and resellers across the country for product lines that span the entire spectrum of technology products. ePlus' performance over the past ten years serves as a model for all potential PEPPM contract bidders," said Jim Randecker, director, PEPPM Technology Bidding and Purchasing Program. "Before, during, and after the bid response and award, ePlus has always followed the proper procedures, meeting PEPPM's strict bid terms and conditions with prices that are very competitive and providing consistently high levels of customer service. ePlus' superior performance in implementing PEPPM's contracts has helped contribute to its growth in the public sector as well as PEPPM's growth as a national service program."
ePlus is a leading systems integrator for the public sector and holds multiple educational and government contracts throughout the United States, including California, Connecticut, Maine, Maryland, Massachusetts, New Hampshire, North Carolina, New Jersey, Pennsylvania, Rhode Island, South Carolina, Texas, and Virginia. ePlus serves the technology needs of schools and government agencies through a combination of seasoned expertise and focused customer service related to hardware, software, peripherals, telecommunications, networking, maintenance, integration, leasing, asset disposition, support services, and more.
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 625 associates in 20+ locations serving federal, 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(R) 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.