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ePlus Celebrates 30th Anniversary
Three decades of technology, financing, and positive customer experience differentiates ePlus as a leading technology provider
HERNDON, VA – November 9, 2020 – ePlus inc. (NASDAQ NGS: PLUS – news) announced that it is celebrating its 30th anniversary as a leading global technology and financing provider helping advise and enable customers to achieve more from their technology and flexible financing options.
Founded in 1990 to provide advanced asset management and financing options for organizations to optimize the procurement, management, financing and disposal of their IT assets, ePlus has grown into a global provider of cutting-edge technology solutions, including security, cloud, data center, collaboration, networking and emerging technologies. With revenues of $1.6 billion for fiscal year 2020 and a robust services portfolio at the forefront of its growth, ePlus also provides professional, advisory and managed services and flexible financing to thousands of customers around the world.
“Over the past 30 years, technology has substantially evolved, including how it is paid for, and ePlus has consistently been at the forefront of helping organizations achieve their business goals and objectives,” said Mark Marron, CEO and president of ePlus. “Organizational longevity of 30 years is not easy to achieve; it takes hard work, agility, commitment, relentless focus on customer experience, unmatched expertise, financial diligence and the talent of our employees. Our employees are the hearts, minds, creativity and drive behind our continued success and growth, and I truly believe that they are the best the industry has to offer.”
Publicly traded on Nasdaq since 1996, ePlus is proud to be among an elite group of 10% of Nasdaq listed companies that have been in existence for more than 30 years.
Marron continued, “As we reflect over the past 30 years of success and look ahead to the next 30, we would like to convey how sincerely thankful we are to everyone who has had a hand in our success, including the customers who continue to rely on us to help them navigate challenges, and our collaborative strategic partners who drive innovation and propel organizations forward in a world that’s constantly changing.”
About ePlus inc.
ePlus is a leading consultative technology solutions provider that helps customers imagine, implement, and achieve more from their technology. With the highest certifications from top technology partners and lifecycle services expertise across key areas including security, cloud, data center, collaboration, networking and emerging technologies, ePlus transforms IT from a cost center to a business enabler. Founded in 1990, ePlus has more than 1,400 associates serving a diverse set of customers in the U.S., Europe, and Asia-Pac. The Company is headquartered at 13595 Dulles Technology Drive, Herndon, VA, 20171. For more information, visit www.eplus.com, call 888-482-1122, or email info@eplus.com. Connect with ePlus on Facebook, LinkedIn, Twitter and Instagram. ePlus, Where Technology Means More®.
ePlus®, Where Technology Means More®, 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, products, and services 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, risks related to COVID-19, including but not limited to its possible effects on the availability of and demand for our products and services, our ability to efficiently and flexibly manage our business amid uncertainties related to COVID-19, and its impact on the economy, possible adverse effects resulting from financial market disruption and fluctuations in foreign currency rates, and general slowdown of the U.S. economy such as our current and potential customers delaying or reducing technology purchases or put downward pressure on prices, 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; our ability to consummate and integrate acquisitions; the possibility of goodwill impairment charges in the future; significant adverse changes in, reductions in, or losses of relationships with major customers or vendors; the demand for and acceptance of, our products and services; our ability to adapt our services to meet changes in market developments; our ability to implement comprehensive plans to achieve customer account coverage for the integration of sales forces, cost containment, asset rationalization, systems integration and other key strategies; our ability to reserve adequately for credit losses; our ability to secure our electronic and other confidential information or that of our customers or partners; future growth rates in our core businesses; our ability to protect our intellectual property; the impact of competition in our markets; the possibility of defects in our products or catalog content data; our ability to adapt to changes in the IT industry and/or rapid change in product standards; our ability to realize our investment in leased equipment; our ability to hire and retain sufficient qualified personnel; 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.