NASDAQ, PLUS - Eplus Inc
Our company was founded in 1990 under the name Municipal Leasing Corporation.
Subsequently, the name was changed to MLC Group, Inc. In 1996, our company
engaged in a holding company reorganization whereby MLC Group became a wholly
owned subsidiary of MLC Holdings, Inc., a newly formed Delaware corporation. MLC
Holdings, Inc. changed its name to ePlus inc. in 1999.
Our operations are conducted through two basic business segments. Our first
segment is our technology sales business unit that includes all the technology
sales and related services, including procurement, asset management, and
electronic catalog content management software sales and services. Our second
segment is our financing business unit that consists of the equipment and
financing business to both commercial and government-related entities and the
associated business process outsourcing services. See Note 13,?Segment
Reporting? in the Consolidated Financial Statements included elsewhere in this
report. ...
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