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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, ePlus Technology, Inc., a leading provider of professional services and direct sales, has entered into a strategic agreement with PanGo Networks, Inc. (www.pangonetworks.com) to deliver active radio frequency identification (RFID) solutions.

ePlus Technology's focus on integrated healthcare solutions and its expertise with Cisco Systems' wireless local area network (WLAN) 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 Security, Wireless LAN, and IP Communications, 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 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.

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."

"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. 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 info@eplus.com.

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.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release, which 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 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 Securities and Exchange Commission filings.
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Comment:ePlus and PanGo to Provide RFID Systems; Technology Leaders Join Forces to Meet Growing Demand for Wireless Healthcare Solutions.
Publication:Business Wire
Geographic Code:1USA
Date:Jan 17, 2006
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