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Fortune 500 insurance company selects Ameri100 as partner in digital transformation initiative

By AMERI100, October 31, 2018

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 a Fortune 500 global insurance company serving more than 50 million customers worldwide as a partner in performing an impact assessment of migrating their current SAP ERP platform to SAP S/4HANA. S/4HANA is SAP’s “digital core” innovation platform that is considered a critical driver of the digital business of the future.

“Customers continue to recognize us as a value-added partner in their digital transformation journey and, as evidenced by our selection, we are gaining visibility with much larger enterprises with much larger project opportunities,” said Brent Kelton, Chief Executive Officer of Ameri100. “From transformation planning through implementation and deployment, Ameri100 is committed to helping businesses determine the best strategy to migrate to the cloud and accelerate their transformation to an intelligent digital enterprise with minimal disruption.”

The migration not only poses an IT challenge for enterprises but offers a unique opportunity to scrutinize business processes across the enterprise. By performing a proper and detailed SAP S/4HANA assessment, Ameri100 helps SAP customers understand the impact of technical, functional and business process changes to ensure they are ready to complete a successful SAP S/4HANA migration and/or implementation.

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:

Barry Kostiner, Chief Financial Officer


Investor Relations Contact:

Sanjay M. Hurry

LHA Investor Relations

(212) 838-3777


SOURCE AMERI Holdings, Inc.

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