AP NEWS
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Globe Newswire
Press release content from Globe Newswire. The AP news staff was not involved in its creation.

AMERI100 Lands Another SAP S/4HANA Project in the Kingdom of Saudi Arabia

December 2, 2019

ATLANTA, Dec. 02, 2019 (GLOBE NEWSWIRE) -- AMERI Holdings, Inc. (NASDAQ: AMRH) (“Ameri100” or the “Company”), a specialized SAP® cloud, digital and enterprise solutions company, announced today that it has been selected as the System Integration partner to execute an SAP S/4HANA 1909 conversion engagement for one of the largest pipe manufacturing companies in the Kingdom of Saudi Arabia (KSA).

This is a strategic global win for the Company and will be executed by the global SAP Solutions team based out of the Company’s Bangalore Innovation Center. The project will be utilizing Ameri100’s best-in-class SAP HANA conversion factory model to execute the conversion (migration) from SAP ECC to S/4HANA 1909 addressing necessary code remediation, configuration changes, integration points, customizations, and implementation aspects of the platform, in conjunction with business process re-engineering.

“We are now executing on our global solutions strategy with this key win in the KSA, specifically considering the S/4 HANA migration opportunities that we are now pursuing on a global basis. The conversion to SAP S/4HANA 1909 from current SAP ECC will deliver to the customer an agile, flexible and best in class ERP environment that modernizes its business processes and advances its overall digital transformation,” stated Ameri100 Chief Executive Officer Brent Kelton.

About Ameri100

Ameri100 is a fast-growing specialized SAP® cloud, digital and enterprise solutions company which provides SAP® services to customers worldwide. Headquartered in Suwanee, Georgia, Ameri100 has offices in the U.S. and Canada in North America, and has Global Delivery and Innovation Centers (GDC) in India. With its bespoke engagement model, the Company delivers transformational value to its clients across industry verticals. For further information, visit www.ameri100.com

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 IR@ameri100.com

Investor Relations Contact:Sanjay M. HurryLHA Investor Relations(212) 838-3777 IR@ameri100.com