Company Closes Record Number of New MAPADOC(TM) Deals in 2013
LIVINGSTON, NJ -- (Marketwired) -- 12/11/13 -- SilverSun Technologies, Inc. (OTCBB: SSNT) (OTCQB: SSNT), a company engaged in delivering transformational business technology solutions and services, today announced that its principal operating subsidiary, SWK Technologies, will finish 2013 with a record number of sales of its MAPADOC™ EDI (electronic data interchange) solution. The Company sold 60 new licenses in 2012, and has already exceeded that number in 2013.
In the past three weeks alone, the Company has sold 5 new licenses with an aggregate value in excess of $170,000. The customers are all from different industries, ranging from furniture to vitamins.
MAPADOC is a fully integrated, easy to use electronic data interchange (EDI) software solution that dramatically cuts data entry time and costs by eliminating duplicate entries, improves communication with trading partners, integrates seamlessly with Sage 100 ERP, Sage 500 ERP, and Sage ERP X3, and reduces mapping time by over 75% by allowing end-users to quickly and easily create their own maps for integrated documents.
Mark Meller, CEO of SilverSun Technologies, stated, "Our MAPADOC business continues to rapidly grow. We now have over 400 customers nationwide using MAPADOC to build their trading partner relationships and manage and fulfill orders. Our sales pipeline is deep, and we anticipate another record year for MAPADOC in 2014."
Gary Berman, Executive Vice President of SWK Technologies, said, "Our sales organization is doing a great job in communicating the benefits of our technology to our channel partners and end users throughout the country. Companies who use EDI solutions like MAPADOC have a significant competitive advantage, and also enhance their profitability. Consequently, we look forward to continuing the very rapid sales pace of our proprietary software."
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.
FOR MORE INFORMATION, PLEASE CONTACT: HANOVER|ELITE Dodi Handy or Kathy Addison 407-585-1080 or via email at Email Contact
Source: SilverSun Technologies, Inc.