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Silversun Technologies Closes $500,000 Transaction

Companies mentioned in this article: SilverSun Technologies, Inc.

LIVINGSTON, NJ -- (Marketwired) -- 08/20/14 -- SilverSun Technologies, Inc. (OTCBB: SSNT) (OTCQB: SSNT), a national provider of transformational business technology solutions and services, today announced that its principal operating subsidiary, SWK Technologies, closed a major Sage ERP X3 global enterprise solution sale which is valued at approximately $500,000.

Mark Meller, Chairman and CEO of SilverSun, noted, "We continue to experience robust growth and results in our ERP group. The second quarter of 2014 was our company's best quarter ever, and represented the 11th consecutive quarter of double digit revenue growth. We will continue to build on that momentum looking forward."

Jeffrey D. Roth, CEO of SWK, stated, "We chose to champion Sage ERP X3 because, in our professional opinion, it is among the most robust, user-centric technological solutions on the market, ideally suited to mid-sized businesses seeking to fully integrate virtually every area of their enterprise into a single coherent system that gets the job done -- from accounting and financial management to purchasing and inventory, and from sales and customer relationship management to manufacturing and distribution. Our sales pipeline is the strongest in the company's history, and we expect that our strong sales performance will gain even greater momentum in the months ahead."

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.

Forward-Looking Statements
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.


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Contact
SilverSun Technologies
Mark Meller
CEO
(973) 758-6108
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