VERA Veramark Wins Significant VeraSMART Order From Leading Health Insurance Provider

Veramark Wins Significant VeraSMART Order From Leading Health Insurance ProviderBusiness Wire "US Press Releases "
PITTSFORD, N.Y.--(BUSINESS WIRE)--
Veramark Technologies, Inc. (OTCBB: VERA), a leading manufacturer of enterprise telemanagement and call accounting software solutions, today announced receipt of a significant order from a large health insurance provider.
This healthcare provider chose the VeraSMART(R) Communications Management Suite because of its scalability and diverse capabilities. To maximize productivity, effectively cut operating costs, and increase accountability, they selected VeraSMART's Allocation, Invoice Management, Call Accounting, and EZ-Share(TM) modules. The Invoice Management and Allocation modules will allow them to accurately account for telecom-related inventory, manage electronic and paper invoices from multiple vendors, allocate charges and run detailed trending and analysis reports. The Call Accounting module will be used to collect data from their Avaya and Cisco switches and manage 20,000 extensions across eleven locations. Veramark's EZ-Share module will be employed for import and export to and from their HR and accounting software applications.
About Veramark Technologies, Inc.
Veramark's telemanagement software solutions set the industry standard for technological excellence, application experience, and process expertise. These solutions include the VeraSMART Enterprise Communications Management Suite and eCAS(R) Call Accounting. VeraSMART offers a powerful application core through which data can be managed with great efficiency. Consolidating the delivery and management of all your technology-related costs within your existing communications network, VeraSMART allows organizations to integrate, automate, and control technology costs. VeraSMART's integrated and scalable modular architecture allows you to implement only the functionality you require and to expand the solution as your needs grow. eCAS Call Accounting allows small- to midsize-businesses to gain visibility into, and control over, telecom usage and expenses--offering the flexibility needed to effectively manage the telecom system.
Veramark sells and markets its solutions directly and through leveraged distribution channels to customers ranging from the Fortune 500 to small businesses as well as the public sector, including government agencies and the military. Veramark provides a range of services including premises-based, hosted, managed services, and Telecom Expense Management (TEM) services. Veramark solutions are distributed by many telecom leaders, including Avaya, Nortel Networks, Cisco Systems, NEC Unified, AT&T Inc., and EMBARQ Logistics. All Veramark products and services are made and provided by personnel in the United States. Veramark, VeraSMART, and eCAS are registered trademarks of
Veramark Technologies, Inc.
All other trademarks are the property of their respective owners.
This report may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. A variety of factors could cause actual results to differ from the anticipated results expressed in such forward-looking statements. These may include but are not necessarily limited to changes in general economic conditions in the United States and overseas, technological changes in the telecommunications or computer industries, the timely and successful launch of planned new products, the timely installation and acceptance by end-user customers, and the impact of competition or changes in the marketing strategies of major distributors.
Source: Veramark Technologies, Inc.