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  September 5, 2001
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Home > Company Index > Computer Software & Services > Computer Products Distribution & Support > ePlus inc.

ePlus inc.
Nasdaq: PLUS
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 PROFILE
ePlus hopes B2B+IT+ASP=$$$. The company (formerly MLC Holdings) derives the majority of its sales (over 95%) from its traditional businesses -- leasing and selling computers and other information technology (IT) equipment. ePlus also provides asset management services and financing. The company is a reseller of products from Dell, Microsoft, and Sun, among others. ePlus is shifting its focus into the business-to-business (B2B) Internet market. Its e-commerce software, which the company also rents out as an application services provider (ASP), helps clients manage supply chains by integrating procurement, asset management, and other functions. Chairman and CEO Phillip Norton owns about a quarter of ePlus.

 COMPETITION
Comdisco, Inc. (CDO)
El Camino Resources International, Inc. (dossier)
General Electric Capital Corporation (dossier)

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 FINANCIAL OVERVIEW
Fiscal Year-End: March
2001 Sales (mil.): 306.60
1-Yr. Sales Growth: 15.8%
Employees: 409
Revenue per employee: $749,633.25

 KEY PEOPLE
• Phillip G. Norton
    CEO
• Steven J. Mencarini
    CFO

 CONTACT INFO
400 Herndon Parkway
Herndon, VA 20170
US
Phone: 703-834-5710
Fax: 703-834-5718
Online: Web Site

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