ePlus Successfully Achieves SOC 1, SOC 2 and HIPAA Attestations

HERNDON, VA – December 1, 2022 – ePlus inc. (NASDAQ NGS: PLUS – news) announced today that it has successfully earned multiple attestations for controls surrounding its Managed Services Center, Service Desk, OneSource family of software products and Cloud Hosted Services.

ePlus has once again achieved the Type 2 SSAE 18 (Statement on Standards for Attestation Engagements) examination, also commonly referred to as Service Organization and Controls (SOC 1) Report, for its Managed Services Center, Service Desk, and OneSource family of software products that provide information technology acquisition, asset management, procurement, and catalog management software services.  The Type 2 SSAE 18 examination was performed in accordance with the standards established by the American Institute of Certified Public Accountants (AICPA).

The company also successfully completed the Type 2 SSAE 18 examination (SOC 2) for Cloud Hosted Services, which evaluates controls at a service organization relevant to security, availability, and confidentiality. The SSAE 18 examination provides customers and auditors with an understanding that the description of services and solutions provided by ePlus are fairly presented and suitably designed.

In addition, ePlus successfully completed an attestation examination (formally known as an Independent Practitioner’s Report) on the Information Security Program Related to HIPAA and HITECH for its Cloud Hosted Services.

All successful SSAE and HIPAA examinations were for the period of August 1, 2021, to July 31, 2022.

“These successful attestations affirm that the steps we take to reinforce our operational excellence are effective, efficient and serving our customers well,” said Dan Farrell, senior vice president of global services for ePlus. “Our managed services practice is built on the highest standards, leveraging expertise and knowledge honed over 30 years as we have helped customers across almost every industry navigate change. Our ability to provide these services with excellence continues to grow over time and we are proud of how our efforts have evolved to better serve our customers.”

 

About ePlus inc.

ePlus has an unwavering and relentless focus on leveraging technology to create inspired and transformative business outcomes for its customers. Offering a robust portfolio of solutions, as well as a full set of consultative and managed services across the technology spectrum, ePlus has proudly achieved more than 30 years of success in the business, carrying customers forward through adversity, rapidly changing environments, and other obstacles. ePlus is a trusted advisor, bringing expertise, credentials, talent and a thorough understanding of innovative technologies, spanning security, cloud, data center, networking, collaboration and emerging solutions, to organizations across all industry segments. With complete lifecycle management services and flexible payment solutions, ePlus’ more than 1,700 associates are focused on cultivating positive customer experiences and are dedicated to their craft, harnessing new knowledge while applying decades of proven experience. ePlus is headquartered in Virginia, with offices in the United States, UK, Europe, and Asia‐Pacific. For more information, visit www.eplus.com, call 888-482-1122, or email info@eplus.com.  Connect with ePlus on LinkedIn, Twitter, Facebook, 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, the duration and impact of COVID-19 and the efficacy of vaccine roll-outs, which could materially adversely affect our financial condition and results of operations and has resulted worldwide in governmental authorities imposing numerous unprecedented measures to try to contain the virus that has impacted and may further impact our workforce and operations, the operations of our customers, and those of our respective vendors, suppliers, and partners; national and international political instability fostering uncertainty and volatility in the global economy including an economic downturn, an increase in tariffs or adverse changes to trade agreements, exposure to fluctuation in foreign currency rates, interest rates and downward pressure on prices; our ability to successfully perform due diligence and integrate acquired businesses; the possibility of goodwill impairment charges in the future; reduction of vendor incentive programs; significant adverse changes in, reductions in, or losses of relationships with one or more of our largest volume 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 and remain secure during a cyber-security attack; 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.