ePlus | Press Relase | 2010-07-15

   
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ePlus Group Adds Healthcare Leasing Vice President
to Management Team

HERNDON, VA – July 15, 2010 – ePlus inc. (Nasdaq NGM: PLUS – news) today announced the appointment of Dan Zapatka as Vice President of Healthcare Equipment Finance. Based in Dallas, Mr. Zapatka joined ePlus Group, the company’s wholly owned subsidiary that provides leasing and related services.

Mr. Zapatka most recently held the position of Senior Vice President at Macquarie Bank Healthcare Leasing Group as well as senior management roles with CIT Healthcare and Comdisco Healthcare. With more than 24 years of experience in the healthcare equipment and financing markets, he brings unparalleled knowledge to assist hospitals and surgery and oncology centers with customized financial solutions. He has also built strong business relationships with large Group Purchase Organizations, which provide services to many healthcare customers in the marketplace.

“Dan enhances our strategy to bring more experience, focus, and innovation into our healthcare practice,” said Chad Fredrick, senior vice president of ePlus Group. “He will focus his efforts to better serve our targeted medical and technology equipment providers and healthcare customers as well as commercial, federal, and state and local government opportunities. His experience, in conjunction with ePlus' core customer service offerings, provides a valued resource for ePlus and its customers.”

“Hospitals choose ePlus for competitive pricing and the added value of managed solutions. ePlus helps customers stay on the cutting edge of patient care and overcome budget limitations,” said Zapatka.

Mr. Zapatka holds both an undergraduate and Master’s degree in Administration from Jacksonville University.

About ePlus Group

ePlus Group, a wholly owned subsidiary of ePlus inc., provides capital equipment leasing and related services to a wide variety of private industries, including healthcare as well as state and local governments and federal government contractors who sell to federal government agencies. For more information about our healthcare leasing practice, visit http://www.eplus.com/healthcare.htm.

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 640 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® 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.


Contact: Kley Parkhurst, SVP
ePlus inc.
kparkhurst@eplus.com
703-984-8150