Full Press Release Details
Ameri100 Announces Appointment
of Chief Financial Officer
PR NewswireApril 25, 2017
PRINCETON, N.J., April 25, 2017
/PRNewswire/ -- AMERI Holdings, Inc. ("Ameri100" or the "Company") (AMRH), a leading integrated SAP
solutions provider, today announced the appointment of Viraj Patel as Chief Financial Officer.
Viraj comes with over 25 years of
experience including as Chief Financial Officer and Chief Accounting Officer of publicly traded companies listed on the New York
Stock Exchange and NASDAQ. Prior to joining Ameri100, Viraj served as the Chief Financial Officer of two technology start-ups and
previously served as the Chief Financial Officer for UTStarcom, a multi-billion global telecommunications company. During his time
as Chief Financial Officer at UTStarcom, Viraj led a global team of finance and operations professionals and was instrumental in
streamlining the company's operations resulting in increased EBITDA margins. Viraj has also held senior finance positions at various
technology and software companies where he had extensive experience in mergers and acquisitions, treasury management, equity and
debt financing, and financial planning. Viraj started his career with the accounting firm PricewaterhouseCoopers. He holds a bachelor's
degree in business administration from Pace University and is a Certified Public Accountant.
"Viraj is an accomplished executive
with significant financial and operational expertise, including as a public company Chief Financial Officer, and he will be an
exceptional addition to our team," said Giri Devanur, President and Chief Executive Officer of Ameri100. "Viraj's broad,
global business experience will be an asset to us in implementing a significantly streamlined cost structure and operating model,
while enabling us to focus on our highest-potential growth opportunities."
AMERI Holdings, Inc. is a fast-growing
company that, through the operations of its twelve subsidiaries, provides SAP cloud and digital enterprise services to clients
worldwide. Headquartered in Princeton, New Jersey with offices in New York, Atlanta, Dallas, Chandler, Kansas City, Folsom, and
Toronto. The Company has offices in Bangalore, Chennai, Mumbai, and Noida, India. Ameri100 is a Lean Enterprise Architecture Partner
(LEAP), which provides a global partner ecosystem with deep knowledge and capabilities to build and implement complex solutions
for clients and thereby building long term sustainable value. 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.
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