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Veramark Hires Two Seasoned Veterans to Help Launch New Communications Intelligence Initiative

Veramark Hires Two Seasoned Veterans to Help Launch New Communications Intelligence Initiative

Veramark Technologies, Inc. (OTC BB:VERA) a leading provider of communications management solutions, today announced Thomas McAlees has been appointed to the position of Vice President of Engineering and Operations and Joshua Bouk joined as Vice President of Customer Services. McAlees and Bouk will be instrumental in deploying Veramark’s new Communications Intelligence Software and Services (CISS) strategic initiatives.

In this position, McAlees will be responsible for the strategic planning and leadership of all technical, operational, and engineering activities at Veramark. He will draw upon his more than 20 years of executive leadership and information systems management, design engineering, and operations expertise to develop a new operations structure that best supports the company's strategic initiatives and utilizes the talent, experience, and strengths of the current engineering and operations team. "I am excited to join the Veramark team and am looking forward to working with the outstanding engineering and quality assurance teams that Veramark has assembled, as we continue to expand our innovative product offerings for the Communications Intelligence market," said McAlees.

McAlees’ most recent position was Vice President of Engineering and Consulting at ePlus Systems. He holds a Bachelor of Science degree in Management Information Systems from the State University of New York.

Bouk will be responsible for Veramark’s Managed Services, Customer Support, Order Management, and Field Support teams. He will oversee all aspects of the company's world-class customer support operations and drive growth of Veramark’s expanding managed service offerings. With Veramark’s customer satisfaction at over 90%, his mission is to continue to improve these ratings, as the company expands into its new CISS initiatives. Bouk’s skills in program management, strategic consulting, customer service, and organizational development have resulted in improved service delivery and led to sustained growth for numerous technology and software companies. "I am thrilled to join the dedicated employees of Veramark and continue the rich history of customer service and quality that Veramark is known for. As we focus on the future, I look forward to establishing Veramark as the undisputed leader in Communications Intelligence Software and Services, and in doing so, creating significant value for our customers, our investors, our employees and their families," said Bouk.

Formerly the Chief Operating Officer of Connected Energy Corporation, Bouk earned Bachelor of Science degrees in both Computer Science and Mathematics from the State University of New York.

“Adding Tom and Josh to the Veramark team is a big step forward to transforming the company into a market innovator and thought leader,” said Tony Mazzullo, Veramark’s President and Chief Executive Officer. “They both bring a wealth of experience that will help us develop new products and services to minimize Total Cost of Ownership and maximize our customers’ return on investment for their voice, data and wireless communications networks,” said Mazzullo.

"Tom's background ideally blends product innovation, software development process, and operations management. He will be pivotal in helping us achieve our CISS objectives and creating a results-oriented environment,” said Mazzullo. “Josh is the perfect choice to lead Veramark’s customer service teams and continue its tradition of excellence. His experience is well-suited for Veramark’s customer-centric operations," said Mazzullo.

About Veramark Technologies, Inc.

Veramark is a leading provider of communications management software and services that enable organizations to gain visibility into, and control over their voice, data, and wireless communications networks. Delivering innovative solutions to small, mid-size, and enterprise organizations, Veramark’s products are sold directly and through leveraged distribution channels. Veramark solutions are used by thousands of well-respected companies: Comcast Corporation, HJ Heinz, Hearst Communications, FEMA, US Department of Homeland Security, the University of California San Francisco Medical Center, and other leading organizations. For more information, visit www.veramark.com.

Veramark is a 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.

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