ePlus Technology renews IT products and services agreement with VHA

ePlus inc. (Nasdaq:PLUS) today announced that its wholly owned subsidiary, ePlus Technology, Inc., has renewed its agreement with VHA Inc., a nationwide network of not-for-profit hospitals that work together to improve clinical and economic performance. ePlus will offer IT products and services as well as leasing services for IT and medical equipment to more than 1,400 VHA member healthcare institutions and 28,000+ non-acute facilities nationwide.  Effective July 1, 2010, the terms of the agreements are valid for an additional three years and extend a successful partnership between ePlus and VHA that has existed since 2004.

ePlus will continue to offer VHA members a broad range of IT equipment and services through these agreements, including servers, storage, consolidation/virtualization, computer and network systems, security, wireless solutions, maintenance agreements, RFID asset tracking, healthcare solutions related to IT (such as PACS equipment and nursing carts), and IT services (including design, configuration, and installation).

In addition, ePlus will provide a variety of financing options, including operating leases, capital leases, loans, and sale-leasebacks of installed equipment.  As one of the leading vendor-independent lessors of technology and medical equipment, ePlus can finance a broad array of equipment from most manufacturers, providing VHA members with a flexible and cost-effective alternative to purchasing expensive assets, such as MRI and CT scanners, cardiac catheterization labs, ultrasound, PACS, PET systems, and more.

"ePlus has provided our members with excellent service during the past six years," said David Gillan, vice president of purchased services and strategic outsourcing at VHA.  "This agreement further establishes our collaborative efforts to help improve our members' cash flow by continuing to provide affordable access to the equipment needed to enhance patient care."

"ePlus is proud of the success we've had serving the needs of VHA members over the past several years," said Mark Marron, president of ePlus Technology.  "We look forward to continuing our status as a proven partner to hundreds of healthcare organizations and a one-stop resource for all IT equipment and services as well as leasing solutions.  With an unwavering commitment to customer satisfaction, top industry certifications and partnerships, and a national healthcare team, we help VHA members balance the demands of patient care and the realities of their budgets while driving significant cost savings."

SOURCE ePlus inc.