Message #25 From:
NewsBot Date: August 3, 2006 05:30:00 AM
PLUS News ePlus Awarded State of Connecticut Cisco Contract; Company to Provide Cisco Products and Maintenance Solutions Statewide
HERNDON, Va.--(BUSINESS WIRE)--Aug. 3, 2006--ePlus inc. (NASDAQ:PLUS) announced that its subsidiary, ePlus Technology, inc., has been selected by the State of Connecticut to provide new Cisco equipment to all state agencies, municipalities, political subdivisions, non-profits, and educational institutions as well as deliver on-going support for the State's installed based of Cisco products.
Under the new contract, CA06ITZ0034, ePlus will be the exclusive supplier for state agencies within the Executive Branch. ePlus is also authorized to deliver the full range of Cisco products and maintenance solutions to the other state and local organizations across the state. The two-year agreement, which began in June 2006, contains two one-year extension options.
ePlus was chosen based on its Cisco Gold Certified Partner status, close working partnership with Cisco, and ability to provide totally integrated solutions. With a team of more than 35 highly-skilled engineers with Cisco certifications in Network Management, Routing and Switching, VPN Security, Wireless LAN, and IP Communications, ePlus possesses the expertise and knowledge to deliver leading Cisco solutions--from design to implementation, project management, upgrades/moves/changes, and network assessments.
"We're pleased with the opportunity to serve the state of Connecticut through this new contract," said Steve Low, senior client executive for ePlus Technology's Northeast Government and Education Sales. "ePlus brings years of experience supporting state governments nationwide, and we look forward to providing leading solutions and exceptional value to help organizations across the state of Connecticut maximize their IT investments."
The Connecticut contract complements other educational and government contracts that ePlus holds throughout the United States, including California, Illinois, Maine, Massachusetts, New Hampshire, New Jersey, North Carolina, Ohio, Pennsylvania, Rhode Island, South Carolina, and Virginia. ePlus serves the technology needs of schools and government agencies through a unique combination of seasoned expertise and exceptional customer service related to hardware, software, peripherals, telecommunications, networking, maintenance, integration, leasing, asset disposition, support services, and more.
ePlus Technology, inc is a wholly owned subsidiary of ePlus inc. and is a direct marketer of IT products and professional services.
ePlus is a leading provider of Enterprise Cost Management solutions to information technology, finance, procurement, operations, and supply chain professionals who want to reduce the costs of finding, purchasing, managing, and financing information technology goods and services. Our Enterprise Cost Management solutions provide sourcing, procurement, spend analytic, supplier management, document collaboration, asset management, professional services, and leasing to ePlus' 2,000+ customers. Founded in 1990, the company is headquartered in Herndon, VA and has more than 30 locations in the United States. For more information, visit www.eplus.com, call 888-482-1122 or email info@eplus.com.
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Statements in this press release, which 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, 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; the creditworthiness of our customers; our ability to raise capital and obtain non-recourse financing for our transactions; our ability to realize our investment in leased equipment; our ability to reserve adequately for credit losses; fluctuations in our operating results; our reliance on our management team; and other risks or uncertainties detailed in our reports filed with the Securities and Exchange Commission.
