SilverSun Technologies Acquires Prairie Technology Solutions Group
August 04 2020 - 7:30AM
via NEWMEDIAWIRE -- SilverSun Technologies, Inc. (NASDAQ: SSNT), a
national provider of transformational business applications and IT
services, has acquired Prairie Technology Solutions Group, LLC
(“PT”), a Chicago-based managed services provider ("MSP") which
provides managed IT services, cybersecurity, and business
continuity and disaster recovery services for small and
medium-sized businesses.
SilverSun’s subsidiary, SWK Technologies, is one of
the leading MSP’s in the U.S., and has been recognized by
various trade publications for its industry leadership. SWK
has been named to the CRN MSP 500, CRN Solution Provider 500,
Channel Futures MSP 501, and ChannelE2E Top 100 Vertical Market
MSPs. Furthermore, SWK’s highly successful
business application hosting service has been widely adopted by
Enterprise Resource Planning (ERP) and accounting software users of
Sage, Acumatica, QuickBooks, and many popular 3rd party software
automation solutions. The acquisition of PT expands SWK’s
geographic footprint and increases its already substantial customer
base.
Mark Meller, CEO of SilverSun, stated, "We are
pleased to announce this exciting transaction. This
acquisition will help us in our plans to expand our MSP business to
other regions where we currently have significant numbers of
customers from our other technology businesses, including
Phoenix, Southern California, the Pacific Northwest, and
North Carolina.”
John Eslinger, founder and President of Prairie
Tech, stated, “We are excited to join the highly regarded SWK team
and look forward to adding to the value they bring their customers
each and every day. We see tremendous opportunities available
to us, and we are confident that we have the team and solutions to
take a leadership position in managed services in the Chicagoland
area.”
About SilverSun Technologies,
Inc.
We are a business application, technology and
consulting company providing software and IT solutions to meet our
clients’ information, technology and business management needs. Our
services and technologies enable customers to manage, protect and
monetize their enterprise assets whether on-premise or in the
“cloud”. As a value-added reseller of business application
software, we offer solutions for accounting and business
management, financial reporting, Enterprise Resource Planning
(“ERP”), Warehouse Management Systems (“WMS”), Customer
Relationship Management (“CRM”), Business Intelligence (“BI”) and
other business applications. Our value-added services focus
on consulting and professional services, specialized programming,
training, and technical support. We have a dedicated network
managed services practice that provides cybersecurity, application
hosting, disaster recovery, business continuity, cloud and other
services. Our customers are nationwide, with concentrations in the
New York/New Jersey metropolitan area, Chicago, Arizona, Southern
California, North Carolina, Washington and Oregon.
Forward-Looking Statements
This news release includes forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934, as
amended, regarding, among other things our plans, strategies and
prospects -- both business and financial. Although we believe that
our plans, intentions and expectations reflected in or suggested by
these forward-looking statements are reasonable, we cannot assure
you that we will achieve or realize these plans, intentions or
expectations. Forward-looking statements are inherently subject to
risks, uncertainties and assumptions. Many of the forward-looking
statements contained in this news release may be identified by the
use of forward-looking words such as "believe," "expect,"
"anticipate," "should," "planned," "will," "may," "intend,"
"estimated," and "potential," among others. Important factors that
could cause actual results to differ materially from the
forward-looking statements we make in this news release include
market conditions and those set forth in reports or documents that
we file from time to time with the United States Securities and
Exchange Commission. All forward-looking statements attributable to
SilverSun Technologies, Inc. or a person acting on its behalf are
expressly qualified in their entirety by this cautionary
language.
Contact:
Corporate
Mark Meller
SilverSun Technologies, Inc.
973-758-6108
meller@silversuntech.com
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