PRINCETON, N.J., Jan. 10, 2018 /PRNewswire/ -- AMERI
Holdings, Inc. (NASDAQ: AMRH) ("Ameri100" or the "Company"), a
specialized SAP® cloud, digital and enterprise services company,
today announced that it intends to expand its service offering with
blockchain functionality designed to transform its customers'
approach to supply chain management by delivering greater
transparency and accountability at every step of a customer's
supply chain. The Company will develop its expanded offering
through the establishment of an in-house blockchain practice, the
formation of new strategic partnerships with blockchain technology
companies and the acquisition of startup companies that offer
blockchain functionality.
Ameri100's blockchain initiative will initially focus on
bringing greater supply chain visibility, traceability and vendor
contract simplification (smart contracts) to the Company's
customers in the manufacturing, aerospace and retail sectors. These
sectors cumulatively comprise the largest segment of the Company's
customer base and are at the forefront of blockchain technology
adoption.
Brent Kelton, the Company's Chief
Executive Officer, stated, "Our blockchain initiative reflects a
customer-driven approach to supply chain management that offers
substantial advantages over today's conventional supply chain IT
infrastructure. With the deployment of blockchain solutions,
customers can expect to see increased transparency and greater
efficiency in the management of their complex supply chains that
should yield substantial time and cost savings. As enterprises move
to deploy new technologies like blockchain, this expansion of our
best-in-class solutions is an investment in the Company's future
success."
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
Ameri100@lhai.com
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SOURCE AMERI Holdings, Inc.