HERNDON, Va., Jan. 13, 2012 (GLOBE NEWSWIRE) -- ePlus inc.
(Nasdaq:PLUS) announced today 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.

"From SAS 70 to the new SSAE 16 standards, ePlus has demonstrated its
capability and commitment of establishing and instituting rigorous
control and operating procedures to benefit our customers," said Ken
Farber, president of ePlus Systems and Content Services. "We are
pleased to be able to provide these 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, 2011 to September 30, 2011, 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, 2011 to September 30, 2011.
  --  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, 2011 to September 30, 2011, and user
      entities applied the complementary user entity controls contemplated in
      the design of ePlus' controls throughout the period of January 1, 2011
      to September 30, 2011.
  --  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, 2011 to September 30,
      2011.




ePlus believes that its customers may use the SSAE 16 report to support
their compliance with the Sarbanes-Oxley Act of 2002 for those services
outsourced to ePlus.

More information about ePlus solutions covered in the Type 2 SSAE 16
examination report can be found on ePlus' website at
http://www.eplus.com/systems_ssae16.htm.

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
Enterprise Cost Management 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.

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 750
associates in 20+ locations serving federal, state, 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(R), Procure+(R), Content+(R), OneSource(R) IT, Manage+(R), 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, and restrictions on our access to capital necessary
to fund our operations; 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; 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
qualified personnel; our ability to consummate and integrate
acquisitions; 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