Exhibit 21

Subsidiaries of the Company
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ePlus  Group,  inc.,  a  Commonwealth  of Virginia  corporation,  a wholly-owned
subsidiary

ePlus Technology,  inc., a Commonwealth of Virginia corporation,  a wholly-owned
subsidiary

ePlus Government,  inc., a Commonwealth of Virginia corporation,  a wholly-owned
subsidiary

ePlus Capital, inc., a State of Delaware corporation, a wholly-owned subsidiary

ePlus  Content  Services,  inc.,  a  Commonwealth  of  Virginia  corporation,  a
wholly-owned subsidiary

ePlus Systems,  inc., a  Commonwealth  of Virginia  corporation,  a wholly-owned
subsidiary

ePlus Canada Company,  registered in Canada, a wholly-owned  subsidiary of ePlus
Capital, inc.

MLC Leasing,  SA. de CV.,  registered in Mexico,  a  wholly-owned  subsidiary of
ePlus Group, inc. and ePlus Technology, inc.

ePlus  Document  Systems,  inc.,  a  Commonwealth  of  Virginia  corporation,  a
wholly-owned subsidiary

ePlus  Information  Holdings,  inc., a Commonwealth of Virginia,  a wholly-owned
subsidiary