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EPlus Expands Video Collaboration Offering With Acquisition Of Interchange Technologies, Inc.

HERNDON, Va., Nov. 11, 2010 (GLOBE NEWSWIRE) -- ePlus inc. (Nasdaq:PLUS) today announced that its subsidiary, e Plus Technology, inc., has acquired the operating business of Interchange Technologies, Inc. (ITI), a Tandberg Platinum Partner with advanced expertise in audio and video communication technologies. ePlus immediately gains Tandberg Platinum Partner status, adding to its current credentials as a Cisco TelePresence authorized technology provider as well as a Cisco Master Unified Communications specialized and Cisco WebEx certified collaboration solutions partner. With the acquisition of ITI, ePlus will immediately be able to provide customers a single source for a full spectrum of solutions and services in the teleconferencing, audio and video, unified communications (UC), and collaboration market space to meet their diverse business communications needs.

ePlus has formed an "Advanced Audio and Video Solutions" practice with the capability to design powerful video and distribution solutions around clients' specific needs for enhanced collaboration. This practice expands the networked technology offerings available from ePlus and enhances its ability to deliver complete, purpose-designed, interoperable infrastructure solutions. In addition, ePlus' Managed Services provide holistic support of the technology platform, ensuring the highest quality of service to the client.

"We're pleased to welcome Interchange Technologies to ePlus. ITI's demonstrated experience with Tandberg solutions is a strong complement to our existing Cisco practice as a Cisco Gold Certified partner. By combining our joint expertise and other investments we've made, ePlus will have greater capacity to deliver integrated video collaboration solutions to customers, including streaming media, audio and visual integration, and digital signage," said Phillip G. Norton, Chairman, President, and Chief Executive Officer of ePlus. "We look forward to the opportunity to further empower organizations to address their video initiatives, helping them accelerate workgroup communication and decision making with their employees, customers, partners, and suppliers." 

"Becoming part of the talented team at ePlus is a great opportunity for Interchange Technologies' staff and customers," said Rick Green, president of Interchange Technologies, Inc. "By joining our resources and technical expertise, we are well positioned to help customers realize the benefits of Cisco's vision of converged visual and digital communications and take their Tandberg experience to the next level."

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