American Skiing Company Goes Live with Enterprise-Wide Procure+ System.Resort Operator Completes eProcurement and Inventory Solution Implementation Nationwide within Tight Deadlines HERNDON, Va. -- ePlus inc. (Nasdaq NGM See NetWare Global Messaging. :PLUS), a leading provider of Enterprise Cost Management solutions, today announced that American Skiing Company American Skiing Company was one of the largest operators of alpine ski, snowboard and golf resorts in the United States. Its resorts included Sunday River and Sugarloaf/USA in Maine and The Canyons in Utah. (ASC ASC Ambulatory surgery center, see there ), one of the largest operators of alpine ski Alpine Ski is an Alpine skiing arcade game, released by Taito in 1981. Description The player controls a skier, who can move left, right, or increase forward speed. , snowboard, and golf resorts in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , had successfully completed its implementation of Procure+, a leading eProcurement application from ePlus. The implementation integrated seven ski resorts throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. with ASC's corporate purchasing and provides visibility into the company's spend and inventory. "This is a highly-seasonal business, and we needed a process that was designed to handle seasonal spend and inventory requirements," said Tracey Stevens, vice president, Purchasing and Supply Purchasing and Supply can have several different definitions. According to the Institute for Supply Management (ISM) [1], purchasing is defined as a major function of an organization that is responsible for acquisition of required materials, services, and equipment. Management of American Skiing Company. "Visibility into spare parts inventory was one of the reasons we purchased Procure+. Any downtime during the season has a huge impact on our operations and revenue. "When we embark on a major project such as this, which affects every location, it begins in the off season and has to be completely operational well before the next season starts. Our window was very well defined and there was little room for slippage. Having ePlus host the application helped ensure that didn't happen." "American Skiing Company has put in place a complete solution that meets its specific requirements for integrated requisitioning, purchasing, inventory management, and invoice matching," said Ken Farber, president of ePlus Systems, inc. "We are happy to have worked with ASC on this project and to ensure the system was live in time for its critical season." About American Skiing Company Headquartered in Park City, Utah Park City is a city located in Summit County, Utah, United States. It is one of two major resort towns in Utah, the other being Moab. It is considered to be part of the Wasatch Back and a part of the Salt Lake City metropolitan area. , American Skiing Company (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :AESK) is one of the largest operators of alpine ski, snowboard, and golf resorts in the United States. Its resorts include Killington, Pico, and Mount Snow in Vermont; Sunday River and Sugarloaf/USA in Maine; Attitash in New Hampshire New Hampshire, one of the New England states of the NE United States. It is bordered by Massachusetts (S), Vermont, with the Connecticut R. forming the boundary (W), the Canadian province of Quebec (NW), and Maine and a short strip of the Atlantic Ocean (E). ; and The Canyons in Utah. More information is available on the Company's web site, www.peaks.com. About ePlus inc. ePlus is a leading provider of Enterprise Cost Management solutions to information technology, finance, procurement, operations, and supply chain professionals who want to reduce the costs of finding, purchasing, managing, and financing information technology goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. . Our Enterprise Cost Management solutions provide sourcing, procurement, spend analytics, supplier management, document collaboration, asset management, professional services, and leasing to ePlus' 2,700+ customers. Founded in 1990, the company is headquartered in Herndon, VA and has more than 30 locations in the U.S. For more information, visit www.eplus.com, call 888-482-1122 or email info@eplus.com. ePlus[R] ePlus Enterprise Cost Management[R], Procure+[R], and/or other 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; the creditworthiness Creditworthiness The condition in which the risk of default on a debt obligation by that entity is deemed low. Creditworthiness Eligibility of an individual or firm to borrow money. of our customers; our ability to raise capital and obtain non-recourse financing for our transactions; our ability to realize our investment in leased equipment; our ability to reserve adequately for credit losses; fluctuations in our operating results; our reliance on our management team; 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 March 20, 2007. ePlus undertakes no duty to update this information. |
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