- Secures Award with Leading North American Consumer Packaging Company; Illustrates Ameri100’s Capabilities in Enabling Enterprises to Migrate to and Leverage the Value of SAP HANA -
PRINCETON, N.J., May 09, 2018 (GLOBE NEWSWIRE) -- AMERI Holdings, Inc. (NASDAQ:AMRH) (“Ameri100” or the “Company”), a specialized SAP® cloud, digital and enterprise services company, today announced that it has secured an award to migrate the legacy SAP Analytics platform of a leading North American manufacturer and supplier of consumer food and beverage packaging and storage products (the “client”) to SAP HANA as a first step in the client’s digital transformation journey to HANA. The client has undertaken a BW on HANA Migration and Optimization project that is a key component to its database consolidation strategy following the acquisition of subsidiaries in recent years. The award leverages Ameri100’s core competency in driving SAP migration and optimization strategies to offer the client a fast-ROI, lower-risk and lower-cost first step in modernizing its IT infrastructure.
Brent Kelton, Chief Executive Officer of Ameri100, stated, “This award demonstrates continued execution on our solutions sales strategy and opens avenues for additional opportunities with an enterprise and its subsidiaries that are just starting to leverage HANA for digital transformation. SAP Analytics on HANA will deliver this client significant performance improvements over its legacy system and a vastly improved ability to utilize data to drive business decisions. The award also reflects the Company’s growing collaboration with SAP in creating new business value for clients with HANA in North America.”
About Ameri100
Ameri100 is a fast-growing specialized SAP® cloud, digital and enterprise services company which provides SAP® services to customers worldwide. Headquartered in Princeton, New Jersey, Ameri100 has offices in the U.S. and Canada. The Company also has global delivery centers in India. With its bespoke engagement model, the Company delivers transformational value to its clients across industry verticals. For further information, visit www.ameri100.com.
Forward-Looking Statements
This press release includes forward-looking statements that relate to the business and expected future events or future performance of Ameri100 and involve known and unknown risks, uncertainties and other factors that may cause its actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Words such as, but not limited to, "believe," "expect," "anticipate," "estimate," "intend," "plan," "targets," "likely," "will," "would," "could," and similar expressions or phrases identify forward-looking statements. Forward-looking statements include, but are not limited to, statements about Ameri100's financial and growth projections as well as statements concerning our plans, predictions, estimates, strategies, intentions, beliefs and other information concerning our business and the markets in which we operate. The future performance of Ameri100 may be adversely affected by the following risks and uncertainties: the level of market demand for our services, the highly-competitive market for the types of services that we offer, market conditions that could cause our customers to reduce their spending for our services, our ability to create, acquire and build new businesses and to grow our existing businesses, our ability to attract and retain qualified personnel, currency fluctuations and market conditions around the world, and other risks not specifically mentioned herein but those that are common to industry. For a more detailed discussion of these factors and risks, investors should review Ameri100's reports on Form 10-K and other reports filed with the Securities and Exchange Commission (the “SEC”), which can be accessed through the SEC's website. Forward-looking statements in this press release are based on management's beliefs and opinions at the time the statements are made. All forward-looking statements are qualified in their entirety by this cautionary statement, and Ameri100 undertakes no duty to update this information to reflect future events, information or circumstances.
Corporate Contact:
Viraj Patel, Chief Financial Officer
IR@ameri100.com
Investor Relations Contact:
Jody Burfening/Sanjay M. Hurry
LHA Investor Relations
(212) 838-3777
IR@ameri100.com