Ameri100 Secures New Client for Business Analytics Migration Opportunity
May 09 2018 - 6:59AM
- 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 -
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
OfficerIR@ameri100.com
Investor Relations Contact: Jody
Burfening/Sanjay M. HurryLHA Investor Relations(212)
838-3777IR@ameri100.com
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