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Monday, 01/31/2011 8:53:39 AM

Monday, January 31, 2011 8:53:39 AM

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VERA,, $0.65

Veramark Named One of the "Best Places to Work" for Second Consecutive Year

Marketwire - Jan 31 at 08:00

Company Symbols: NASDAQ-OTCBB:VERA

Ranked Among the Top Small/Medium Companies to Work for in New York State by NYS-SHRM


ROCHESTER, NY -- (MARKET WIRE) -- 01/31/11 -- Veramark Technologies, Inc. (OTCBB: VERA), a leading provider of Telecom Expense Management (TEM) solutions, today announced it has been recognized by the New York State Society for Human Resource Management (NYS-SHRM) as one of the "2011 Best Companies to Work for in New York State." The award is based on employee satisfaction surveys, with winners receiving high marks in areas such as work environment, work/life balance, job satisfaction, opportunities for advancement, and overall workplace excellence.

"We are delighted to be recognized for the second year in a row as one of the Best Companies to Work for in New York State," said Tony Mazzullo, Veramark's CEO and President. "Earning this honor two years in a row is compelling evidence that Veramark is on the right track. We believe that we have a very special spirit at Veramark, and it's great to see this spirit acknowledged publicly."

Selection of the 2011 Best Companies in NY was based on an assessment of the employee policies and procedures, as well as results of an internal employee survey conducted by the Best Companies Group. The Best Companies list is comprised of two groups: 27 small/medium-sized companies and 23 large-sized companies. The small to midsize category includes companies employing up to 250; the large category is for more than 250 employees. In total, 50 companies were identified for demonstrating that happy employees make for good business and drive the Empire State's economy. The final 2011 rankings are slated to be revealed at an awards dinner on April 21st in Albany, NY. For more information on the Best Companies to Work for in New York awards program, visit www.bestcompaniesNY.com.

"Veramark places a high value on creating a rewarding place to work and fostering a corporate culture that values the loyalty and dedication of our employees," said Mazzullo. "Our success in making Veramark a great work environment helps us deliver exceptional service to our customers."

About Veramark Technologies, Inc.
Veramark is a leading provider of innovative enterprise solutions for telecom expense management and call accounting. Veramark solutions provide visibility into usage and spend and enable best practices for managing complex unified communications networks. Veramark technology and services help enterprises understand, manage, and control their fixed and mobile telecom assets, costs, and related business processes.

To learn more visit www.veramark.com, Facebook www.facebook.com/veramarktechnologiesinc, and on Twitter at VeramarkTEM.

Veramark, VeraSMART, and eCAS are registered trademarks of Veramark Technologies, Inc. MySMART is a trademark of Veramark Technologies, Inc. All other trademarks are the property of their respective owners. This press release 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.

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Contact:
Denise Chapman
Vice President of Marketing
585.383.6883
Email Contact


Source: Veramark Technologies, Inc.

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