SilverSun
Technologies, Inc. (OTCQB: SSNT) took a major step toward the future on
Thursday through the unveiling of its new corporate website. The new site is
designed to provide meaningful insight and perspective on the company’s growing
business platform to shareholders, prospective investors and potential new
business partners through a combination of intuitive navigation, video and
user-friendly support resources.
“SilverSun
has enjoyed remarkable growth over the past several years, with our diverse, yet
complementary, product and service offerings expanding to meet the evolving
business management needs of our valued customers,” Mark Meller, chairman and
chief executive officer of SilverSun stated in a news release. “We felt the
time had come to create a web presence that more accurately conveys our vision…
and delivers our many stakeholders with a much more rich and engaging user
experience.”
In recent
months, the company has made significant progress in expanding its industry
presence. In the first quarter of 2015, SilverSun built on its recent financial
progress, posting an increase of over 31 percent in year-over-year revenue.
Likewise, the company’s EBITDA was recorded at $669,923, an increase of 140
percent over the same period in 2014.
“[O]ur
cash position, strong balance sheet, and ever increasing recurring revenue give
us confidence that we will continue to achieve positive results throughout
2015,” concluded Meller.
In May,
SilverSun set the stage for continued expansion through the announcement of an
acquisition deal involving preeminent computer and network services provider
ProductiveTech, Inc. Through this acquisition agreement, the company expects to
add more than $1.7 million in annual revenue to its recent financial
performance, as well as gaining a strategic foothold in the New Jersey managed
service provider industry. According to the company’s news release, this
acquisition is expected to be completed before the end of the current quarter.
Moving
forward, SilverSun will continue to make preparations for its forecast
uplisting to NASDAQ, which the company’s management team has named as its
primary objective during 2015. When completed, SilverSun is expected to
significantly increase its visibility with institutional investors and increase
the attractiveness of its stock as a currency, improving the path for
sustainable growth through acquisition in the years to come.
For
prospective investors, SilverSun’s recent moves have put it in a strong
position to realize improved returns in the future. Look for the company to
leverage its newly acquired assets to promote continued growth within the
expanding business technology solutions and services market.
For more
information, visit www.silversuntech.com
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