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Category: Leading Pharmaceutical Company Selects ePlus Data and Content Management Services Content Cleansing, Classification, and Normalization Services to Support Existing Global eProcurement Initiative HERNDON, VA – July 28, 2005 – ePlus inc. (Nasdaq NM: PLUS – news), a leading provider of Enterprise Cost Management solutions, today announced that one of the world's leading pharmaceutical companies chose ePlus for data and content management services. ePlus will cleanse, classify, and normalize supplier data so it can be used throughout the enterprise’s third-party indirect eProcurement initiative.
The global pharmaceutical leader, with multi-billion dollars in sales and worldwide product distribution in more than 100 countries, selected ePlus for its ability to quickly deliver comprehensive content management at a competitive price. The company required a quick and cost-effective solution to process content in a time-sensitive manner to meet highly-visible deadlines while also leveraging its investment in a global eProcurement deployment.
"This customer win furthers ePlus' standing in the biomedical market," said Ken Farber, president of ePlus Systems, inc. "We have been successful in serving the content management needs of leading medical suppliers, universities, and research facilities. Now ePlus has demonstrated its value in increasing eProcurement ROI through rich, structured content to a large, global pharmaceutical enterprise."
About ePlus inc.
A leading provider of Enterprise Cost Management, ePlus provides a comprehensive solution to reduce the costs of purchasing, owning, and financing goods and services. ePlus Enterprise Cost Management (eECM) packages business process outsourcing, eProcurement, asset management, product and catalog content management, supplier enablement, strategic sourcing, financial services, and document access and collaboration into a single integrated solution, all based on ePlus' leading business application software. The company is headquartered in Herndon, VA, and has more than 30 locations in the United States. For more information, visit www.eplus.com, call 888-482-1122 or email info@eplus.com.
ePlus, Content+, eECM, ePlus Enterprise Cost Management, and/or other ePlus products referenced herein are either registered trademarks or trademarks of ePlus inc. in the United States and/or other countries. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release, which are not historical facts, may be deemed to be "forward-looking statements". Actual and anticipated future results may vary due to certain risks and uncertainties, including, without limitation, the existence of demand for, and acceptance of, our services; our ability to adapt our services to meet changes in market developments; the impact of competition in our markets; the possibility of defects in our products or catalog content data; our ability to hire and retain sufficient personnel; our ability to protect our intellectual property; the creditworthiness of our customers; our ability to raise capital and obtain non-recourse financing for our transactions; our ability to realize our investment in leased equipment; our ability to reserve adequately for credit losses; fluctuations in our operating results; our reliance on our management team; and other risks or uncertainties detailed in our Securities and Exchange Commission filings.
Source: Wired News
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