SOURCE: SilverSun Technologies, Inc.
LIVINGSTON, NJ--(Marketwire - Feb 5, 2013) - SilverSun Technologies, Inc. (OTCBB: SSNT) (OTCQB: SSNT), a company engaged in delivering transformational business technology solutions and services, today announced that its wholly owned subsidiary, SWK Technologies, Inc., has completed the acquisition of the Sage business partner accounts of Dallas-based Point Solutions, LLC (d/b/a Fusion RMS.com); and has retained several of its key personnel which will operate out of SWK's new regional office located at 1603 LBJ Freeway, Suite #855, in Dallas, Texas.
Commenting on the sale of client accounts to SWK, Mike Gill of Point Solutions, stated, "Our arrangement with SWK allows Point Solutions to focus on our ISV business including the further development and distribution of Fusion Software. Our Fusion Retail Management Systems platform, (FusionRMS™) has experienced significant growth, almost doubling our user count in the last eighteen months. We need to focus to stay on top of our game."
Mark Meller, Chairman, President and CEO of SilverSun, stated, "We are very pleased to welcome Point Solutions' Sage business accounts to SWK's valued customer base and look forward to providing them with the same superior level of service and attention that they came to expect from Point Solutions. Moreover, this strategic acquisition allows SWK to immediately expand our growing national Sage ERP X3 practice to Texas and to provide enhanced support to our ERP Alliance partners.
Concluding, Meller added, "Leveraging our new foothold in Dallas and the respected reputation of the SWK brand, we will look to pursue strategic opportunities to effectively expand SWK's penetration into other southeastern U.S. markets."
Fusion Retail Management System (FusionRMS™), developed by Point Solutions LLC, is a comprehensive solution for the SMB retail and distribution markets. For over fifteen years, its out-of-the-box integration with SAGE ERP has helped SAGE resellers and their clients meet the unique requirements of the largest and most dynamic market in the world. Visit www.FusionRMS.com to learn more.
About SWK Technologies, Inc.
The principal operating subsidiary of SilverSun Technologies, Inc., SWK Technologies, Inc. (www.swktech.com) is an IT consulting company providing strategies and solutions to meet its clients' information and business management needs. As a Sage Authorized Business Partner, Sage Gold Development Partner and Sage Authorized Training Center, SWK offers best-of-breed solutions for accounting and business management, financial reporting, CRM, job costing systems and warehouse management. Specializing in collaborative commerce -- the communication and cooperation between suppliers and customers -- SWK developed MAPADOC Integrated EDI, a solution that works seamlessly with the business management solutions it sells and supports. SWK also provides managed network services and has offices in Livingston, NJ; New York City Metro Area; Syracuse, NY; Buffalo, NY; Chicago, IL; Minneapolis, MN; Ann Arbor, MI and Dallas, TX.
About SilverSun Technologies, Inc.
Headquartered in Livingston, New Jersey, SilverSun Technologies is involved in the acquisition and build-out of technology and software companies engaged in providing best of breed management applications and professional consulting services to small and medium size businesses (SMBs) in the manufacturing, distribution and service industries. Serving as SilverSun's principal operating subsidiary, SWK Technologies, Inc. employs national direct and channel sales teams, and a consulting team, all of which serve a growing customer base spanning the United States and Canada. For more information, please visit www.silversuntech.com, www.swktech.com or www.mapadoc.com.
This press release may contain forward-looking statements, including information about management's view of SilverSun Technologies' future expectations, plans and prospects. In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of SilverSun Technologies, its subsidiaries and concepts to be materially different than those expressed or implied in such statements. Unknown or unpredictable factors also could have material adverse effects on SilverSun Technologies' future results. The forward-looking statements included in this press release are made only as of the date hereof. SilverSun Technologies cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, SilverSun Technologies undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by SilverSun Technologies.