AMERI Holdings, Inc. (NASDAQ: AMRH), a specialized SAP cloud, digital and enterprise services company, today announced the appointments of Founder and current Executive Vice Chairman Dev to the position of Executive Chairman and Thoranath Sukumaran to the Board of Directors. Dev has replaced David Luci, who remains on the Board, and Mr. Sukumaran has replaced Robert Shawah, who has stepped down from the Board. Mr. Luci has been named Chairman of the Audit Committee, replacing Mr. Shawah.

“I am pleased to accept the appointment as Chairman of Ameri100 and fulfill my vision as its Founder to establish the company as a premier solutions and services provider to the fast-growing and large SAP services market, to build scale in the marketplace and better realize the earnings power of our business model,” said Dev. “I would also like to welcome Thoranath, who adds significant capital markets experience and a deep understanding of mergers and acquisitions in the IT market to the Board, and thank David for his continuing contributions to Ameri100’s future success.”

Mr. Sukumaran brings to Ameri100 over 30 years of international capital markets experience and deep expertise in investment banking and private equity transactions in the IT services market. He currently serves as President of Oakwood Strategy Consulting, a boutique consulting firm focused on providing strategy and advisory services to middle market companies, where he is focused on helping middle market enterprises raise growth capital and globalize operations, both by organic growth and mergers and acquisitions. He is active in numerous Indo-U.S. trade associations and is the past President of the U.S.-India American Chamber of Commerce (USIACC), a trade group focusing on Indo-U.S. cross border trade and investment activities of middle market companies.

About Ameri100
Ameri100 is a specialized SAP® cloud, digital and enterprise services company which provides SAP® services to customers worldwide. Headquartered in Atlanta, Georgia, Ameri100 has offices in the U.S. and Canada. The Company also has global delivery centers in India. With its bespoke engagement model, the Company delivers transformational value to its clients across industry verticals. For further information, visit www.ameri100.com.