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
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
ON iCommand™ Suite and provide pre- and after-sale
service to its clients worldwide; ePlus will also include
ON iCommand as part of its consulting, implementation
and support services. The agreement further extends
ON Technology’s reach into the education, healthcare
and public sectors. The Office of the Attorney General
of New Jersey’s Department of Law & Public
Safety purchased ON iCommand in ON Technology’s
second quarter of 2003, and is the first joint customer
of this partnership.
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
ePlus inc. and ePlus Technology, Inc.
A leading provider of Web-based e-procurement, asset
management, financing, leasing, sourcing, and eContent
technology and services, ePlus delivers comprehensive
and high-value business solutions. The ePlus
suite of products and services, including Procure+,
Manage+, Finance+, Content+, and ePlusMarket, helps
businesses dynamically streamline, improve and gain
management control of spending and fixed assets. ePlus
solutions integrate and automate each aspect of the
supply chain process from requisition to approval, fulfillment,
financing and asset management, delivering the highest
return on investment.
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 empowers IT organizations and service providers to manage the full lifecycle of their computing systems over large-scale corporate networks. Our solutions are used to rapidly and reliably deploy critical applications, operating systems, and content to desktops, mobile PCs, handhelds, servers, retail point-of-sale (POS) terminals and banking workstations. Our customers leverage our solutions to significantly reduce IT costs, improve availability and reliability of business-critical applications, and enhance both IT and end-user productivity. ON’s management solution has been chosen by more than 1,000 enterprises worldwide to manage in excess of 1.2 million networked computer systems. For more information visit ON Technology’s Web site at www.on.com or call 800-767-6638.
Gerald Kimber White
Allen & Caron Inc.
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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