Ameri100 Broadens Solutions Portfolio With Partnership With Virtual and Augmented Reality Company The Glimpse Group

ATLANTA, GA., Oct. 25, 2018 (GLOBE NEWSWIRE) -- AMERI Holdings, Inc. (NASDAQ: AMRH) (“Ameri100” or the “Company”), a specialized SAP® cloud, digital and enterprise services company, today announced that it has entered into a partnership with The Glimpse Group (“Glimpse”) for an innovative corporate learning platform (the “platform”) that enhances the value proposition of Ameri100’s solutions offering portfolio through the use of Glimpse’s Virtual & Augmented Reality (“VR/AR”) software and services. The platform expands Ameri100’s solutions delivery model to include corporate learning on SAP Cloud and Digital solutions through the innovative use of VR/AR technologies to drive more efficient client on-boarding and employee engagement, and offers current and prospective clients a path to an accelerated return on investment (ROI) on their IT spend. For Ameri100, the platform serves to further differentiate the Company in the SAP services market.  

“Our partnership with Glimpse is aligned with our strategy to utilize new and advanced technologies to drive demand for our higher margin SAP solutions offerings,” said Brent Kelton, Chief Executive Officer of Ameri100. “As enterprises increasingly look to SAP to underpin their digital transformation journeys, integral to the journey is employee learning and development to maximize the business benefits of SAP’s software. Through use of this innovative platform we gain the advantage of ensuring strong end-user uptake of the SAP solutions we implement and, as we help enterprises realize the full benefits of SAP, we enlarge our solution sales opportunities.”

Glimpse President & CEO Lyron Bentovim commented: “VR/AR training offers many benefits including: higher retention rates, consistency of instruction, increased engagement, performance monitoring and evaluation, analytics, remote coaching and reduced cost. These systems can also be used for recruiting events and performance evaluation during the hiring process. By leveraging the power of Glimpse’s VR/AR technologies in conjunction with Ameri100’s extensive platform, organizations will be able to more effectively recruit, train and develop their employees in ways that were not achievable previously.”

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.

About The Glimpse Group 
The Glimpse Group, Inc. is a Virtual and Augmented Reality platform company, comprised of multiple VR and AR software & services start-ups, and designed with the specific purpose of cultivating entrepreneurs in the VR/AR industry. Glimpse's unique business model simplifies challenges faced by VR/AR entrepreneurs and creates a robust ecosystem, while simultaneously providing investors an opportunity to invest directly into the emerging VR/AR industry via a diversified platform. For more information on Glimpse, please visit www.theglimpsegroup.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.

Corporate Contact: 
Barry Kostiner, Chief Financial Officer 
[email protected]

Investor Relations Contact: 
Sanjay M. Hurry
LHA Investor Relations
(212) 838-3777 
[email protected]

The Glimpse Group: 
Lyron Bentovim, President & CEO 
[email protected]