ATLANTA, June 17, 2019 (GLOBE NEWSWIRE) -- AMERI Holdings, Inc. (NASDAQ: AMRH), a specialized SAP® cloud, digital and enterprise services company, announced today that it has signed a multi-year, managed services contract with annual renewals with Epson America, Inc., the U.S. affiliate of Seiko Epson Corporation and a leading provider of high-performing printing and projection solutions. As a result of the contract, the Company expects Epson to be a top-3 client by revenue in 2019. Financial terms of the contract were not disclosed.

Under the terms of the contract, Ameri100 will provide Epson with across-the-board support and management of SAP applications - cloud, on-premise or hybrid – related to its ERP, HCM, eCommerce SAP applications as well as systems and applications adjacent to SAP. Ameri100 previously implemented multiple SAP-based applications for Epson, including a global implementation of SAP ecommerce using the Hybris platform.

“This contract highlights our ongoing ability to cultivate opportunities for higher margin, recurring managed services revenue from implementation clients that is a key component to our strategy to shift our revenue mix to more profitable solutions sales,” stated Brent Kelton, chief executive officer of Ameri100. “We are very pleased to have secured this long-term contract that builds on Epson’s trust and confidence in our ability to deliver expected results. This contract also sets the stage for further solutions sales opportunities in support of Epson’s strategic transformation initiatives.”

About Ameri100

Ameri100 is a fast-growing specialized SAP® cloud, digital and enterprise services company which provides SAP® services to customers worldwide. Headquartered in Suwanee, 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