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Veramark Announces VeraSMART Order From A Major Freight Railroad

Posted on: Wednesday, 26 October 2005, 12:00 CDT

Veramark Technologies, Inc. (OTCBB: VERA) today announced a VeraSMART order valued at approximately $100,000 from a major freight railroad. In addition to SMART Directory (VeraSMART's core module), the customer purchased SMART Call Accounting and EZ-Share for 30,000 extensions at 11 sites that utilize a combination of Cisco and Avaya switches. SMART Call Accounting will be used to bill back departments for their telephone usage, and EZ-Share will be used to create data exports for the company's general ledger system.

The flexibility of Veramark's offerings -- which gives clients the option to select a managed-services model delivered by Veramark or to purchase a right-to-use software license -- allows small, medium, and large business enterprises to buy what they require today and expand as future needs dictate.

VeraSMART is available from Veramark and their leading industry partners. For more information, visit www.veramark.com.

About Veramark Technologies, Inc.

For more than 20 years, Veramark (www.veramark.com) has set the industry standard for telecom network cost control solutions by delivering technological excellence, application experience and process expertise. Our focus on convergence in the communications market has resulted in a broad portfolio of products and services that allow enterprises to measurably reduce communications expenses, optimize network performance, increase productivity, and improve enterprise security. Our solutions are fully compatible with IP-telephony, traditional PBX, and CENTREX environments.

Veramark's totally web-based software architecture leverages leading edge technology to consistently deliver enterprise cost management solutions that are easy to use, install and maintain. The company's leadership position is demonstrated by relationships with telecom's elite -- Avaya(R), Cisco Systems(R), Aastra Intecom, Nortel Networks(R), NEC America(R), SBC(R), Sprint(R), and others -- and an installed base of nearly 100,000 customers that range from the Fortune 500, to the public sector, and small businesses. All Veramark products and services are made and provided by personnel in the United States.

Veramark, VeraSMART, and Quantum Series are registered trademarks of Veramark Technologies, Inc.

All other marks 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: Business Wire

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