Friday, June 19, 2015

SilverSun Technologies, Inc. (SSNT) Primes for Future Growth through Launch of New Corporate Website

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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