Veramark Wins Large City Government Order for VeraSMART®

November 6, 2006; 07:07 AM
Veramark Technologies, Inc. (OTCBB: VERA) today announced receipt of a VeraSMART order approaching $150,000, from an East Coast city government. The order includes the following VeraSMART modules: Work Order, Asset Management, Invoice Management, Call Accounting, and EZ-Share™, Veramark’s exclusive data import/export utility.

The City will utilize the VeraSMART solution suite to manage work flow processes, track and allocate assets, manage trouble ticketing and order processing, allocate usage and other charges, track communications for security purposes, and access data pertaining to its entire telecommunications spend, all from a single point of entry. The EZ-Share module will interface with the City’s general ledger system, providing on-demand access to a multiplicity of data elements.

VeraSMART was chosen because of the seamless integration of its modules, its ease of use, and the accessibility of data via EZ-Share.

About Veramark Technologies, Inc.

For over 20 years, Veramark’s telemanagement solutions have set the industry standard for technological excellence, application experience, and process expertise. Veramark’s completely web-based software architecture integrates communications management software with operation support systems (OSS) software. These solutions include eCAS and VeraSMART Call Accounting, Telemanagement, Work Flow Management, Asset Management, Directory/Information Management, Service Inventory Build and Line Verification, Service Analysis and Recommendations, Wireless Optimization and Ongoing Management, Contract Analysis/Negotiations, and Billing Dispute Resolution.

This broad portfolio of products and services allows enterprises to optimize network performance, increase productivity, improve enterprise security, and measurably reduce communications expenses. By utilizing industry-standard databases, secure web-browser based user interfaces, and dynamic reporting tools, Veramark’s products and services make managing complex communications networks easy and efficient. Veramark’s web-based architecture eliminates the need for client software and makes the solutions accessible from every networked PC in the enterprise. In addition to Veramark’s premise-based solutions, Veramark offers its customers a robust ASP and managed services alternative, (“TEM”) designed to meet all or a portion of the customer’s defined needs.

The company 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’s leadership position is demonstrated by its relationships with telecom's leaders - Avaya®, Nortel Networks®, Cisco Systems®, NEC Unified, AT&T Inc., Sprint® and others. All Veramark products and services are made and provided by personnel in the United States.