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News Release ON Technology Signs ePlus Technology as New Reseller Partner; Announces First Joint Customer Partnership with $230 Million Solution Integrator Increases Ability of ON Technology to Penetrate Public, Education and Healthcare Sectors Waltham,
MA (Aug. 28, 2003) – ON Technology (Nasdaq:ONTC),
a leading provider of enterprise infrastructure management
solutions, today announced the formalization of its
partnership with ePlus Technology (ePlus), the $230
million technology division and wholly-owned subsidiary
of Herdon, VA-based ePlus Inc. (Nasdaq:PLUS). The partnership
allows ePlus to resell the ePlus is a leading provider of
Enterprise Cost Management software and services. With
a presence in more than 36 markets, a wide spectrum
of clients (including Fortune 1000, educational and
medical institutions, small to mid-size companies and
government agencies) turn to ePlus for technology strategy,
planning, acquisition, implementation and ongoing support.
ePlus chose to include ON iCommand as a complement to its offerings due to
the suite’s strong feature set and market traction. Josh Montone, Director of Sales
for ePlus Technology, commented, “Since
we provide end-to-end technology solutions, our clients
look to us to provide the leading technologies and unsurpassed
support that enable more efficient operations. We chose
to incorporate ON iCommand into our offering because
its open, flexible and extensible architecture fits
our business model of providing value-added services
that tailor our solutions to the specific needs of our
customers. Adding ON iCommand to our product portfolio
gives us an important competitive edge in helping our
customers manage operational costs and increase the
security and reliability of their infrastructure.” With ON iCommand, IT departments can now perform critical management functions on thousands of remote devices simultaneously, over any type of network. ON offers a single unified solution for fast, reliable, push-based deployment of operating systems, applications and service packs, plus one-click disaster recovery, network inventory and software license management. ON’s solution uniquely allows IT to leverage investments in tools such as Ghost, SMS, Wise, WinInstall, and ZEN packages, and supports Windows, Linux & UNIX platforms. “With their proven track record with companies and organizations in the public sector and markets such as education, finance and healthcare, we are pleased to welcome ePlus to our family of value added resellers and system integrators,” said Robert L. Doretti, Chairman, President and CEO of ON Technology. “ePlus’s vast experience with planning and developing IT solutions enables it to help its clients align IT to business priorities and business success. Together ePlus and ON Technology will be able to penetrate our target markets further and give client companies the edge they need in today’s ultra-competitive marketplace.” About
ePlus inc. and ePlus Technology, Inc. ePlus Technology, Inc., the technology division and wholly-owned subsidiary of ePlus, inc., is recognized as a leader in providing complete technology solutions to a wide spectrum of clients including Fortune 1000, educational and medical institutions, small to mid-size companies, and government agencies. Founded in 1990, the company is headquartered in Herndon, VA and has more than 30 locations in the US. For more information, visit www.ePlus.com, call 800-827-5711 or email to info@ePlus.com. About ON Technology Corporation ###
ON Technology, ON Command, and ON Command CCM are registered trademarks, and the ON logo and ON iCommand are trademarks of ON Technology Corporation. Microsoft and Windows are either registered trademarks or trademarks of Microsoft Corporation in the United States and other countries. All other brand names and trademarks are properties of their respective owners. The statements in this press release that relate to ON Technology’s future plans, events and performance are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve a number of risks and uncertainties. Some of the important factors that could cause actual results to differ materially from those indicated by the forward-looking statements are general economic conditions, including the current weakness in the global economy, demand for the Company’s products and services, performance of the Company’s direct and indirect distribution channels, competitive pressures, market acceptance of the Company’s new products and technologies, and the risk factors detailed from time to time in ON Technology’s periodic reports filed with the Securities and Exchange Commission, including without limitation the Company’s Quarterly Report on Form 10-Q for the third quarter of 2003 filed in November 2003. Actual results and performance may differ materially due to these and other factors. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release. ON Technology undertakes no obligation to release publicly any updates or revisions to any forward-looking statements contained in this press release that may reflect events or circumstances occurring after the date of this press release.
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