LIVINGSTON, NJ--(Marketwire - Feb 12, 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 Colleyville, Texas-based SGEN, LLC (d/b/a Software Generation); and has retained several of its personnel, who will operate out of SWK's new regional office in Dallas, Texas.
Commenting on the sale of client accounts to SWK, Stephen Morin of SGEN, LLC stated, "SWK provides Software Generation's clients with the best options for the future, and it ensures continuing support at the levels that have made Software Generation the go-to company for Sage Pro support."
Mark Meller, Chairman, President and CEO of SilverSun, stated, "We are very pleased to welcome Software Generation's 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 Software Generation. This acquisition allows SWK to continue to expand our growing national Sage practice in Texas, to add Sage Pro and Sage 300 ERP to our portfolio of products, and to provide enhanced support to our ERP Alliance partners."
"This is the second acquisition we have closed in 2013. There is more to come. With acquisitions serving a as key driver of SilverSun's national expansion strategy, we expect to remain very busy qualifying and pursuing opportunities as the year unfolds," concluded Meller.
About SGEN, LLC dba Software Generation
Software Generation specializes in the installation and modification of accounting and related business applications using Microsoft Visual Studio, Visual FoxPro and SQL Server database products. Software Generation is a Sage Partner, certified in Sage Pro, Sage 300 ERP, Sage CRM and Sage ERP X3. Software Generation also develops custom database systems and has developed custom systems for employee scheduling, skill matching, travel expense reduction, warranty tracking, financial and performance reporting. Visit www.softwaregeneration.net 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.