SOURCE: SilverSun Technologies, Inc.

April 03, 2012 09:15 ET

SilverSun Technologies Closes Transaction Valued at $115,000

LIVINGSTON, NJ--(Marketwire - Apr 3, 2012) - SilverSun Technologies, Inc. (OTCBB: SSNT) (OTCQB: SSNT) announced today that its wholly-owned subsidiary, SWK Technologies, Inc., the premier total solutions provider specializing in business software applications and services, has closed on a transaction involving Sage ERP X3 which will generate approximately $115,000 in revenue for SWK.

The transaction involves a customer who is a specialty resins and coatings manufacturing company with eight locations nationally. SWK Technologies will be responsible for the installation and implementation of the software.

Mark Meller, CEO of SilverSun Technologies, stated, "SWK has made a significant commitment to Sage ERP X3. Our expertise in Sage ERP X3 is deep and growing. As a result of this expertise, we are being called upon to provide ERP X3 services even on some occasions where we were not the reseller of the software."

Jeffrey D. Roth, CEO of SWK, added, "Sage ERP X3 is an important and critical part of our business. As a result of the great demand we've seen in the marketplace, we have been hard at work developing proprietary products which seamlessly integrate with Sage ERP X3. Not only do we expect to be able to make a series of announcements about Sage ERP X3 sales in the very near future, but we also anticipate that we will soon be announcing our own line of proprietary solutions which enhance and increase the functionality of Sage ERP X3."

About SilverSun Technologies, Inc.

SilverSun Technologies is involved in the acquisition and build-out of technology and software companies. The Company's growth strategy is to acquire firms in this extensive and expanding, but highly fragmented segment, as it seeks to create substantial value for shareholders. Since June 2004, SilverSun has acquired SWK Technologies, Inc., Business Tech Solutions Group, Inc., Wolen Katz Associates, and AMP-BEST Consulting, Inc. For more information, visit www.silversuntech.com, www.swktech.com, www.mapadoc.com, or contact SilverSunTechnologies CEO Mark Meller at (973) 758-9555, by e-mail at mark.meller@swktech.com, or by Twitter at Mark_SSNT .

This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, regarding among other things our plans, strategies and prospects -- both business and financial. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as "believe," "expect," "anticipate," "should," "planned," "will," "may," "intend," "estimated," and "potential," among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents that we file from time to time with the United States Securities and Exchange Commission. All forward-looking statements attributable to SilverSun Technologies, Inc. or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.

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