SilverSun Technologies closes million-dollar software sale

SilverSun Technologies, Inc. (OTCBB: SSNT) (OTC: SSNT) subsidiary SWK Technologies has closed on a software sale valued at over USD1,100,000.

The transaction involves the sale of Sage Software´s ERP X3 software and attendant consulting services. The customer is an international footwear manufacturer.

Mark Meller, chairman and CEO of SilverSun Technologies, said, “SWK´s commitment to Sage ERP X3 continues to pay substantial dividends for our company. We are now the leading Sage ERP X3 reseller in North America, and our sales pipeline is very deep. Prior to our involvement with Sage ERP X3, our company´s largest transaction was for roughly USD300,000. We eclipsed that figure with our very first ERP X3 transaction, in 2012, which was for roughly USD700,000. That figure has been shattered yet again by this recent sale. The financial results of 2013 will be a record for our company.”

Jeffrey D. Roth, CEO of SWK Technologies, said, “We can now successfully compete with Tier 1 vendors, like SAP and Oracle. Our company´s reputation for depth of expertise, talent, quality and service has placed us in the enviable position of being able to compete and win these substantial opportunities. We anticipate announcing additional significant deals in the near future, and we are forecasting that we will continue to realize superior growth in 2014.”

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 software solutions and cloud technology services to small and medium size businesses (SMBs) in the manufacturing, distribution and service industries. For more information, visit www.silversuntech.com, www.swktech.com or www.mapadoc.com.

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