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ATLANTA, April 15, 2019 (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 been selected by an existing client, a Fortune 500 company and provider of facilities and corporate identity services, to implement a data lake strategy powered by SAP HANA. The project will enable the client to manage its data more simply and efficiently and extract big data-driven business insights to better service its global customer base.
Ameri100 will design and develop a technical architecture to consolidate the client’s disparate data sources resulting from prior acquisitions into a single repository that utilizes SAP HANA, the digital core to SAP's product portfolio that offers customers the flexibility and opportunities of managing data and running applications across multi-cloud, hybrid and on-premise environments.
“This award demonstrates our continuing ability to expand our footprint within clients by leveraging our cloud and solutions teams’ capabilities to achieve business improvements through digital transformation and deliver projects that are more strategic to clients’ business goals,” stated Ameri100 Chief Executive Officer Brent Kelton. “We were selected for our deep data lake experience by this client who is committed to turning data into business value by harnessing the power of SAP applications. We look forward to an exciting new chapter in our partnership with this client.”
Ameri100 is a fast-growing specialized SAP® cloud, digital and enterprise services company which provides SAP® services to customers worldwide. Headquartered in Suwanee, Georgia, 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.
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.
Barry Kostiner, Chief Financial Officer
Investor Relations Contact:
Sanjay M. Hurry
LHA Investor Relations