Tuesday, August 3, 2010

Veramark Technologies, Inc. (VERA.OB) Accounting Solution Now Rated “Avaya Compliant

One company that is starting to capture the attention of investors is Veramark Technologies. Located in Pittsford, New York, Veramark has evolved into a leading provider of innovative enterprise solutions for call accounting and telecom expense management. Today, Veramark took a major step towards enhancing their future with the announcement that their technology is becoming a global presence.

The technology Veramark is referring to is their VeraSMART (R) eCAS (R) Call Accounting software. This software has been rated compliant with the Communication Server 1000 Release 6.0 IP PBX from Avaya(R), a global leader in enterprise communications systems, software and services.

Of the many unique features presented by the VeraSMART eCAS, among them will be the ability to give organizations visibility into their telecom network and helps them optimize the network, eliminate toll fraud and abuse, improve employee productivity, and reduce telecom costs.

One of the leaders at Veramark is Matt Lennarz, who serves as the company’s Director of Product Management at Veramark. When asked what this state-of-the-art technology will mean to Veramark and its relationship with Avaya, Lennarz was quoted as saying, “Since establishing a relationship with Avaya in 1984, Veramark has worked closely with Avaya to produce superior call accounting products with broad appeal and powerful functionality. Ensuring that VeraSMART eCAS Call Accounting is compliant with the Communication Server 1000 is another example of the way we help our customers maximize the value of their investment in Avaya technology.”

Currently, Veramark is trading in the $0.65 range. With this unique technology in place and the strengthened relationship with a company as Avaya, Veramark is certainly a company investors will keep an eye on.

To learn more about Veramark Technologies, visit the company website at: www.veramark.com

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