ePlus Adds Vice President of National Professional Services to Management Team


ePlus inc.

2008-08-20 07:30:00

HERNDON, VA–(EMWNews – August 20, 2008) – ePlus inc. (PINKSHEETS: PLUS) today announced

the appointment of Martin Steinhobel as Vice President of National

Professional Services. Mr. Steinhobel brings extensive executive

experience in professional services management in both the commercial and

government sectors to his role with ePlus.

Mr. Steinhobel has proven sales success in his career, selling both

multi-million dollar product and professional services contracts. He has

been recognized for his ability to successfully manage profit and loss and

grow professional services as well as improve operational efficiencies and

sales performance. He has overseen the development of service offerings

and comprehensive customer focused solutions, the implementation of

services processes and systems, and the establishment of project management

offices and centers of excellence.

“We’re pleased to welcome Martin to ePlus,” said Mark Marron, senior vice

president of ePlus Technology. “He brings nearly two decades of experience

in managing, developing, and selling professional services — with

documented success at increasing sales and revenue as well as improving

profitability. We look forward to having him continue his career with our

talented team of professionals as we implement a centralized and unified

approach to services and solutions.”

“I’m excited to join the ePlus team,” said Steinhobel. “My experience in

managing professional services organizations will complement the full range

of services that ePlus currently offers to help customers improve

productivity and reduce operating costs. I look forward to applying my

expertise to all aspects of this business, including strategic planning,

management and implementation.”

Mr. Steinhobel joins ePlus from Software AG, Inc., where he held a variety

of roles including Vice President of Regional Sales, Vice President of

Technical Services, and Vice President of Professional Services. He holds

a Bachelor of Science degree and a Bachelor of Commerce degree in Computer

Science and Business Administration from Rhodes University in South Africa.

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 650

associates in 30+ locations serving more than 2,500 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 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; a decrease in

the capital spending budgets of our customers; our ability to consummate

and integrate acquisitions; the creditworthiness of our customers; our

ability to raise capital and obtain non-recourse financing for our

transactions; our ability to reserve adequately for credit losses;

fluctuations in our operating results; 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 August 20, 2008. ePlus

undertakes no duty to update this information.

Kleyton Parkhurst
ePlus inc.


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