LIVINGSTON, NJ--(Marketwire - 07/11/11) - Trey Resources, Inc. (OTC.BB:TYRIA - News) announced today that it has received approval from FINRA to change its corporate name to SilverSun Technologies, Inc. Similarly, FINRA has granted approval to the Company's previously announced reverse stock split of 1811:1. Effective today, the Company's new trading symbol will be SSNTD.Mark Meller, CEO of SilverSun Technologies, stated, "Today's development is one of a series of steps we announced back in May to restructure and recapitalize the Company. We have maintained a tight timeline to accomplishing our goals. In a period of 90 days, we have reduced our debt by over $2.4 million, and have reduced the number of outstanding shares from over 8 billion to 4,447,026. We have changed the company name to more accurately reflect the cutting edge solutions we provide to the marketplace. And we have accomplished all of the above while continuing to operate our business at historic levels. We will be releasing additional information regarding further developments in the very near future."About SilverSun Technologies, Inc.
SilverSun Technologies is involved in the acquisition and build-out of technology and software companies. The Company's growth strategy is to acquire firms in this extensive and expanding, but highly fragmented segment, as it seeks to create substantial value for shareholders. Since June 2004, SilverSun has acquired SWK Technologies, Inc., Business Tech Solutions Group, Inc., Wolen Katz Associates, and AMP-BEST Consulting, Inc. For more information, visit www.treyresources.com, www.swktech.com, www.mapadoc.com, or contact SilverSunTechnologies CEO Mark Meller at (973) 758-9555 or by e-mail at email@example.com.This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, regarding among other things our plans, strategies and prospects -- both business and financial. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as "believe," "expect," "anticipate," "should," "planned," "will," "may," "intend," "estimated," and "potential," among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents that we file from time to time with the United States Securities and Exchange Commission. All forward-looking statements attributable to SilverSun Technologies, Inc. or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.
- SilverSun Technologies, Inc.
- SilverSun Technologies
CEO Mark Meller