Company type | Public |
---|---|
Traded as | OTCQB: VERA |
Industry | Software and managed services for Telecom Expense Management |
Predecessor | MOSCOM Corporation |
Founded | January 1983 |
Founder | Albert J. Montevecchio |
Successor | Calero |
Headquarters | Henrietta, New York |
Area served | United States, Canada |
Key people | Tony Mazzullo, President and CEO |
Products | VeraSMART Telecom Expense Management Suite VeraSMART Call Accounting Software |
Services | Managed and professional Telecom Expense Management services |
Revenue | US$13.165 million (2010)[1] |
Operating income | US$0.561 million (2010)[1] |
Net income | US$0.611 million (2010)[1] |
Total assets | US$12.873 million (2010)[1] |
Total equity | US$0.442 million (2010)[1] |
Number of employees | 95 (2010)[1] |
Website | www |
Veramark Technologies, Inc. provided services and software for Telecom Expense Management and call accounting.[2] The company "specialized in controlling telecom expenses by managing a company's voice, data, and wireless services through a combination of auditing, consulting and software".[3]
Veramark, originally known as MOSCOM Corporation, was founded in 1983.[4]
In 2001, the company sold all the rights for the VeraBill product line, a mediation, provisioning and billing solution for wireline and wireless mid-size carriers, to Mind CTI Ltd. for US$ $1 million.
The company acquired the enterprise TEM and consulting businesses of Source Loop LLC, a Georgia-based telecom service provider, in June 2010.[5] In September 2010, the company moved into 23,000 feet of new office space at Eagle's Landing Business Park in Henrietta, New York.[6]
In a September 2010 State of the Industry Report published by AOTMP, Veramark was ranked among the top 25 suppliers of TEM and Wireless Mobility Management solutions.[7] In December 2013, Veramark Technologies merged with PINNACLE and Movero to form Calero.[8]
Name | Tenure |
---|---|
Albert J. Montevecchio | January 1983 – July 1997 |
David G. Mazzella, Jr. | July 1997 – December 2007 |
Anthony C. Mazzullo | January 2008 – 2013 |
MOSCOM was incorporated in New York in January 1983 and reincorporated in Delaware in 1984.