ePlus Completes Type 2 SSAE 16 Examination for eProcurement, Content Management, IT Procurement, and Asset Management Solutions

ePlus Completes Type 2 SSAE 16 Examination for eProcurement, Content
Management, IT Procurement, and Asset Management Solutions

HERNDON, Va., Jan. 29, 2013 (GLOBE NEWSWIRE) -- ePlus inc. (Nasdaq:PLUS) today
announced that it has successfully completed the Type 2 SSAE 16 (Statement on
Standards for Attestation Engagements) examination for its Procure+, Content+,
OneSource IT, and Manage+ services. The Type 2 SSAE 16 examination (or SOC 1)
supersedes the SAS 70 audit standard and represents that the engagement was
performed in accordance with the standards established by the American
Institute of Certified Public Accountants (AICPA).

The SSAE 16 examination provides customers and auditors with an understanding
that the description of services and solutions provided by ePlus are fairly
presented. The Type 2 component of SSAE 16 provides an objective evaluation
that ePlus' controls were operating effectively during the specified period of
the examination.

"As more and more organizations are shifting their processing to integrators
and solution providers, it is critical to ensure the proper security and
control procedures have been enacted," said Ken Farber, president of ePlus
Systems. "ePlus takes this responsibility very seriously and is committed to
protecting our customers' data and testing our control and business continuity
procedures throughout the year. We are pleased to be able to provide these
SSAE 16 reports to our customers as evidence of our well-documented and
disciplined control activities for our eProcurement, content management, IT
procurement, and asset management solutions."

The ePlus SSAE 16 report, conducted by one of the nation's leading service
audit firms specializing in SSAE 16 services, found that for the period of
January 1, 2012 to September 30, 2012, the description of ePlus products and
services as well as operating effectiveness of controls supporting ePlus'
Procure+, Content+, OneSource IT, and Manage+ solutions provided "reasonable
assurance" that the specified control objectives were achieved. The report
includes the service auditor's opinion that:

  *The description of product and services provided by ePlus fairly presents
    the hosted eProcurement, content management, and asset management
    solutions that were designed and implemented throughout the period of
    January 1, 2012 to September 30, 2012.
  *The controls related to the control objectives stated in the description
    were suitably designed to provide reasonable assurance that the control
    objectives would be achieved if the controls operated effectively
    throughout the period of January 1, 2012 to September 30, 2012, and user
    entities applied the complementary user entity controls contemplated in
    the design of ePlus' controls throughout the period of January 1, 2012 to
    September 30, 2012.
  *The controls tested, which together with the complementary user entity
    controls referred to in the scope paragraph of this report, if operating
    effectively, were those necessary to provide reasonable assurance that the
    control objectives stated in the description were achieved, operated
    effectively throughout the period of January 1, 2012 to September 30,
    2012.

For additional information about SSAE 16, visit
https://www.brightline.com/soc1.

About ePlus Systems, inc.

ePlus Systems, inc., a wholly owned subsidiary of ePlus inc., delivers
eProcurement and related solutions and services to help public sector clients
and commercial organizations across all industries get the most value from
their spend.Its diversified portfolio of solutions includes eProcurement,
supplier enablement, catalog content management, spend analytics, document
management, and asset management.These solutions help drive cost savings,
improve compliance, and enhance productivity throughout the
organization.ePlus solutions are offered as hosted Software as a Service
(SaaS) and traditional enterprise licenses.For additional information about
ePlus Systems, visit www.ePlus.com/software.

About ePlus inc.

ePlus is a leading integrator of technology solutions. ePlus enables
organizations to optimize their IT infrastructure and supply chain processes
by delivering world-class IT products from top manufacturers, managed and
professional services, flexible lease financing, proprietary software, and
patented business methods and systems. Founded in 1990, ePlus has more than
825 associates serving federal, state, municipal, and commercial customers
nationally. The Company is headquartered in Herndon, VA. For more
information, visit www.ePlus.com, call 888-482-1122, or email info@ePlus.com.
Connect with ePlus on Facebook at www.facebook.com/ePlusinc and on Twitter at
www.twitter.com/ePlusinc.

ePlus^®, Procure+^®, Content+^®, OneSource^® IT, Manage+^®, 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 financial market
disruption 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, 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; our ability to
maintain effective disclosure controls and procedures and internal control
over financial reporting; 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 reserve adequately for
credit losses; 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.

CONTACT: Kleyton Parkhurst, SVP
         ePlus inc.
         kparkhurst@ePlus.com
         703-984-8150