Press release

ePlus Strengthens Managed Cloud Security Services With Addition of Managed Detection and Response

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ePlus inc. (NASDAQ NGS: PLUSnews) today announced that it has strengthened its Managed Cloud Security Service portfolio by adding a market-leading managed detection and response (MDR) solution to its lineup of capabilities. Utilizing Alert Logic MDR, ePlus can offer organizations an additional option to secure their cloud deployments, one that includes continuous threat monitoring and cutting-edge threat intelligence, enabling complete visibility across an organization’s IT estate.

With purpose-built technology and a team of cybersecurity experts, Alert Logic MDR provides organizations with real time access to information on risk, vulnerabilities, remediation activities, configuration exposures, and compliance status. Combining Alert Logic MDR with ePlus’ strong managed services capabilities gives customers access to an award-winning MDR technology platform with deep threat intelligence and 24/7 security experts to quickly and accurately identify destructive cyber threats, before they cause real damage.

“An expanding threat landscape, combined with budget concerns and resource constraints has many organizations struggling to find ways to adequately secure their cloud-based networks,” said Lee Waskevich, vice president of security solutions at ePlus. “Managed security services have become not just a viable option, but a superior option for providing enhanced network visibility, threat detection, always-on monitoring and proactive remediation to protect cloud-based networks comprehensively. Integrating Alert Logic MDR into our Managed Cloud Security Service portfolio allows customer organizations to fully harness cloud security for maximum impact.”

“ePlus designs and delivers integrated cybersecurity solutions that mitigate business risk, empower digital transformation, and enable innovation for its customers,” said Dan Webb, vice president of partner sales and alliances, Alert Logic. “By combining the outstanding professional and managed services portfolio of ePlus with Alert Logic’s market-leading MDR solution, we are creating next generation cybersecurity solutions that enable customers to accelerate their transformation programs and achieve positive business outcomes, such as launching new products and unlocking cloud-enabled revenue streams, with confidence they have enhanced security and compliance.”

For more information on ePlus Managed Security Services, please visit www.eplus.com/solutions/security/advisory-managed-services. To learn more about Alert Logic MDR, go to https://www.alertlogic.com/.

About ePlus inc.

ePlus is a leading consultative technology solutions provider that helps customers imagine, implement, and achieve more from their technology. With the highest certifications from top technology partners and lifecycle services expertise across key areas including security, cloud, data center, collaboration, networking and emerging technologies, ePlus transforms IT from a cost center to a business enabler. Founded in 1990, ePlus has more than 1,500 associates serving a diverse set of customers in the U.S., Europe, and Asia-Pac. The Company is headquartered at 13595 Dulles Technology Drive, Herndon, VA, 20171. For more information, visit www.eplus.com, call 888-482-1122, or email info@eplus.com. Connect with ePlus on Facebook, LinkedIn, Twitter and Instagram. ePlus, Where Technology Means More®.

ePlus®, Where Technology Means More®, 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, products, and services 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, risks related to COVID-19, including but not limited to its possible effects on the availability of and demand for our products and services, our ability to efficiently and flexibly manage our business amid uncertainties related to COVID-19, and its impact on the economy, possible adverse effects resulting from financial market disruption and fluctuations in foreign currency rates, and general slowdown of the U.S. economy such as our current and potential customers delaying or reducing technology purchases or put downward pressure on prices, 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; our ability to consummate and integrate acquisitions; the possibility of goodwill impairment charges in the future; 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; our ability to implement comprehensive plans to achieve customer account coverage for the integration of sales forces, cost containment, asset rationalization, systems integration and other key strategies; our ability to reserve adequately for credit losses; our ability to secure our electronic and other confidential information or that of our customers or partners; future growth rates in our core businesses; our ability to protect our intellectual property; the impact of competition in our markets; the possibility of defects in our products or catalog content data; our ability to adapt to changes in the IT industry and/or rapid change in product standards; our ability to realize our investment in leased equipment; our ability to hire and retain sufficient qualified personnel; 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.