Message #30 From:
NewsBot Date: September 26, 2006 05:30:00 AM
PLUS News ePlus Procurement Solution Selected by AutoNation, Inc.
HERNDON, Va.--(BUSINESS WIRE)--ePlus inc. (Nasdaq NGM:PLUS), a leading provider of
Enterprise Cost Management solutions, today announced that AutoNation
Inc., the largest U.S. auto retailer, selected ePlus’
Procure+ to provide eProcurement, process controls, and supplier
management to AutoNation’s 280 dealership
locations.
AutoNation’s most challenging requirement was
to automate the highly-collaborative ordering processes and bring
in-house the controls and best practices required to properly manage
large volume, while at the same time not disrupting or removing the
flexibility in the ordering process that had developed within AutoNation.
“We are pleased that ePlus’
eProcurement solution not only met all of AutoNation’s
requirements,” said Ken Farber, president of ePlus
Systems, inc., “but also was able to provide
the controls and simplicity they sought.”
About AutoNation, Inc.
AutoNation, Inc. is the largest automotive retailer in the United
States. With more than 280 dealerships, 27,000 employees, and close to
$20 billion in annual revenue, AutoNation is ranked at 115 in the 2006
Fortune 500.
About ePlus inc.
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 analytics, 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 U.S. For more
information, visit www.eplus.com,
call 888-482-1122 or email info@eplus.com.
ePlus®, ePlus
Enterprise Cost Management®, Procure+®,
and/or other 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, 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. All information set forth in this release is as of
September 26, 2006. ePlus undertakes no duty to update
this information.