ePlus and PanGo to Provide RFID Systems; Technology Leaders Join Forces to Meet Growing Demand for Wireless Healthcare Solutions.HERNDON, Va. -- ePlus inc. (Nasdaq NM:PLUS), today announced that its wholly owned subsidiary Wholly Owned Subsidiary
A subsidiary whose parent company owns 100% of its common stock.
In other words, the parent company owns the company outright and there are no minority owners. , ePlus Technology, Inc., a leading provider of professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. and direct sales, has entered into a strategic agreement with PanGo Networks, Inc. (www.pangonetworks.com) to deliver active radio frequency identification See RFID. (RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna. ) solutions.
ePlus Technology's focus on integrated healthcare solutions and its expertise with Cisco Systems' wireless local area network (WLAN See wireless LAN.
WLAN - wireless local area network ) technology provide an ideal approach to support PanGo's Wi-Fi-based asset tracking solution. With a team of highly-skilled engineers with Cisco certifications in Network Management, Routing and Switching, VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. Security, Wireless LAN A local area network that transmits over the air typically in the 2.4 GHz or 5 GHz unlicensed frequency band. It does not require line of sight between sender and receiver. Wireless base stations (access points) are wired to an Ethernet network and transmit a radio frequency over an area , and IP Communications A general term for networks that use the IP protocol for voice (VoIP) and video traffic. See IP telephony. , ePlus possesses the expertise and knowledge to deliver leading healthcare solutions for Cisco and its new wireless Clinical Connection Suite.
With hospitals across the country implementing Cisco WLANs, the seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. of PanGo's asset tracking solution produces additional value from fixed asset investments. For example, the ability to track in real-time the location of medical equipment (such as wheelchairs, infusion pumps, beds, and other clinical assets) provides efficiency and productivity gains to nurses and medical professionals, resulting in improved patient care, reduced capital, and lower operating expenses Operating expenses
The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. .
PanGo Locator(R) is the only active RFID solution in the world that re-uses any Wi-Fi access point infrastructure as its reader network, thereby eliminating a separate and costly overlay of hardware, wiring, and associated labor. PanGo's complete solution includes a location management platform that integrates with third-party location technologies; a rich, intuitive end user application for asset monitoring and reporting; true Wi-Fi active RFID tags; and web service interfaces for rapid integration into third-party or home-grown business systems.
"We're excited with the opportunity to work closely with PanGo to meet a growing need for our customers in adopting RFID solutions," said Peter Zdravecky, vice president of ePlus Technology Healthcare Group. "Our proven experience in the healthcare arena and our expertise with Cisco WLAN technology complement PanGo's industry leading solutions--enabling us to pass along tremendous benefits to our customers including superior value and quick ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). ."
"Our arrangement with ePlus extends the power of an already compelling technology and makes it easier for customers to deploy and integrate asset tracking solutions that leverage their existing investments in systems and processes," said Mike Braatz, vice president of marketing and business development, PanGo Networks. "Working with ePlus will expand our ability to acquire, support, and keep satisfied customers."
ePlus brings more than a decade of experience in delivering a comprehensive suite of IT sourcing, fulfillment, and technology solutions that includes security, storage, networking, IP telephony, managed services, and IT outsourcing expertise. ePlus serves a wide variety of organizations in both the public and private sectors, including the Fortune 500; healthcare; K-12 and higher education; federal, state, and local government; and many other vertical markets.
About PanGo Networks
PanGo Networks is the leading provider of a location management platform and applications for the enterprise market. PanGo's Wi-Fi-based software transforms off-the-shelf WLAN infrastructure into a platform for intelligent applications that improves and expedites important business processes. Through its flagship PanOS Platform(R) and mobile applications, PanGo offers the industry's first comprehensive solution for real-time asset visibility and context-aware information delivery. Specializing in a range of markets including healthcare, manufacturing, retail, and government, PanGo delivers reliable and accurate information about the location of connected devices, people, and assets. PanGo is privately held and headquartered in Framingham, MA. For more information, please visit www.pangonetworks.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 analytic, supplier management, document collaboration, asset management, professional services, and leasing to ePlus' 2,000+ customers. Profitable since inception 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 firstname.lastname@example.org.
ePlus, eECM, ePlus Enterprise Cost Management, 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 actual companies and products mentioned herein may be the trademarks of their respective owners.
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