ePlus Technology, inc. Joins Fiber Broadband Association

Rhea-AI Summary

ePlus Technology, Inc. has joined the Fiber Broadband Association (FBA) to accelerate the deployment of fiber broadband networks and promote digital equity. ePlus brings expertise in technology solutions and aims to close the digital divide in the US.

Positive

• ePlus' membership in the FBA will enhance their knowledge and collaboration in the broadband industry, potentially leading to new opportunities and partnerships. This could positively impact ePlus' stock price in the long term.

Negative

• No negative takes identified.

Premier-level membership aims to help advance access to reliable broadband and digital equity

HERNDON, Va., Oct. 25, 2023 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news) announced its subsidiary, ePlus Technology, inc., has joined the Fiber Broadband Association (FBA), an organization that is dedicated to accelerating the deployment of fiber broadband networks to ensure every community can leverage the economic and societal benefits that fiber can deliver.

With expertise across a wide array of technology solutions, ePlus' Service Provider Group (formerly CCI Systems, Inc.'s Network Solutions Group) brings an intimate knowledge of broadband service provider networks, carrier routing, carrier access solutions, and more as it helps communities across the U.S. maximize access to connectivity. ePlus' decades of experience in cloud and data center services, security, managed and professional services and financing will assist FBA and its members in harnessing the full scope of technology for better community-wide outcomes.

"ePlus is excited to contribute our wealth of experience designing, building, upgrading, and managing broadband provider networks to the Fiber Broadband Association's membership," said Mac Plymale, vice president of ePlus' service provider group. "Being a major contributor in closing the digital divide throughout the United States is a key mission for us and an area where we are confident that we can have a substantial impact."

"The Fiber Broadband Association welcomes ePlus to its membership. Our association thrives on the knowledge, hard work, and collaboration of our members, and we know that ePlus will be an asset," said Gary Bolton, president and CEO at the Fiber Broadband Association. "Together, we will work to provide advocacy, education, and resources for the advancement of fiber broadband technology to close the digital equity gap and create a better quality of life for everyone."

To learn more about the Fiber Broadband Association, please visit fiberbroadband.org.

About ePlus inc.

ePlus has an unwavering and relentless focus on leveraging technology to create inspired and transformative business outcomes for its customers. Offering a robust portfolio of solutions, as well as a broad range of consultative and managed services across the technology spectrum, ePlus has proudly achieved more than 30 years of success, carrying customers forward through adversity, rapidly changing environments, and other obstacles. ePlus is a trusted advisor, bringing expertise, credentials, talent and a thorough understanding of innovative technologies, spanning security, cloud, data center, networking, collaboration and emerging solutions, to organizations across all industry segments. With complete lifecycle management services and flexible payment solutions, ePlus' more than 1,850 associates are focused on cultivating positive customer experiences and are dedicated to their craft, harnessing new knowledge while applying decades of proven experience. ePlus is headquartered in Virginia, with locations in the United States, UK, Europe, and Asia–Pacific. For more information, visit www.eplus.com, call 888-482-1122, or email info@eplus.com.  Connect with ePlus on LinkedIn, Twitter, Facebook, and Instagram.  ePlus, Where Technology Means More^®.

ePlus^®, Where Technology Means More^®, and ePlus products referenced herein are either registered trademarks or trademarks of ePlus inc. in the United States and/or other countries.  The names of other companies, products, and services mentioned herein may be the trademarks of their respective owners.

Forward-Looking Statements

This press release contains information about management's view of ePlus' future expectations, plans and prospects that are not historical facts and may be deemed to be "forward-looking statements."  Actual and anticipated future results may vary materially due to certain risks and uncertainties. Certain risks and uncertainties that may affect such "forward-looking statements" are detailed in our reports filed with the Securities and Exchange Commission, especially under the heading "Risk Factors".  All information set forth in this press release is current as of the date of this release and ePlus expressly disclaims any duty or obligation to update this information, except as may be required by law.

Contact: 
Kleyton Parkhurst, SVP
ePlus inc.
kparkhurst@eplus.com
703-984-8150

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SOURCE EPLUS INC.

FAQ

What is ePlus Technology's role in the Fiber Broadband Association?

ePlus Technology has joined the Fiber Broadband Association to contribute their expertise in designing, building, upgrading, and managing broadband provider networks.

How will ePlus Technology's membership benefit their stock price?

ePlus Technology's membership in the Fiber Broadband Association could lead to new opportunities and partnerships, potentially positively impacting their stock price in the long term.