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Veramark Technologies

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Veramark to Announce Second Quarter Results and Hold Conference Call

Veramark Technologies, Inc. (OTC BB:VERA) a leading provider of communication management solutions will issue its financial results for the second quarter ended June 30, 2008.

News release date:

  Tuesday, August 12, 2008

Conference call date:

Wednesday, August 13, 2008 2:00 PM Eastern Time

Conference telephone:

800-954-0643

Tony Mazzullo, President and CEO, and Ronald Lundy, Vice President of Finance and CFO, will host the conference call to discuss recent developments and financial results. After opening remarks, there will be a question and answer period.

The SoundByte replay will be available at approximately 7:00 PM EST beginning August 13, 2008it will be available for replay for 48 hours. To replay the broadcast visit http://www.veramark.com/Company/InvestorRelations/.

About Veramark Technologies, Inc.

Veramark is a leading provider of communications management solutions that help organizations gain visibility into their communications networks and reduce expenses associated with their voice, data, and wireless services and infrastructure. Our solutions, which include software and services for Telecom Expense Management (TEM), provide business intelligence for managing complex unified communications networks on a global scale. Delivering innovative solutions to small, mid-size, and enterprise organizations, Veramarks products are sold directly and through leveraged distribution channels. Veramark solutions are used by thousands of well-respected companies, including 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, VeraSMART, and eCAS are 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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