PRINCETON, N.J., Feb. 15, 2018 /PRNewswire/ -- AMERI Holdings,
Inc. (NASDAQ: AMRH) ("Ameri100"), a specialized SAP® cloud, digital
and enterprise services company, today announced that it has
secured a competitive win to implement SAP Big Data analytics
solutions with Maiden RE, a US based reinsurer providing property
& casualty treaty, casualty facultative, and accident and
health reinsurance. The win, reflective of Ameri100's deep digital
subject matter expertise, follows a successful business
intelligence and analytics proof-of-concept project. Ameri100 will
combine IoT techniques with Big Data techniques to integrate
multiple sources of structured and unstructured data to offer
Maiden RE a 360-degree view of its customers to enable it to drive
product and service improvements and make better business
decisions. The data collected will also set the groundwork for
machine learning and artificial intelligence for risk
assessment.
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"With the proliferation of customer touchpoints – mobile, video
customer support, online communities, social media platforms and
more – and the resulting explosion in data, the use of Big Data
analytics to discover deeper business insights and compete smarter
is an imperative for enterprises seeking to enhance customer
experiences, drive business decisions and enable new revenue
streams," said Brent Kelton, Chief
Executive Officer of Ameri100. "As enterprises migrate to
cloud-based software and services, the premier professional
services practice and close partnerships we have established
position us to compete effectively in the large and fast-growing
SAP services market."
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. Ameri100 also
has global delivery centers in India. With its bespoke engagement model,
Ameri100 delivers transformational value to its clients across
industry verticals. For further information, visit
www.ameri100.com.
About Maiden Holdings, Ltd.
Maiden Holdings, Ltd. is a Bermuda-based holding company formed in
2007. Through its subsidiaries, which are each A rated
(excellent) by A.M. Best, the Company is focused on providing
non-catastrophic, customized reinsurance products and services to
small and mid-size insurance companies in the United States and Europe. As of September
30, 2016, Maiden had $6.5
billion in assets and shareholders' equity of $1.6 billion.
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
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SOURCE Ameri100