<SEC-DOCUMENT>0000921895-18-002791.txt : 20181017
<SEC-HEADER>0000921895-18-002791.hdr.sgml : 20181017
<ACCEPTANCE-DATETIME>20181017172113
ACCESSION NUMBER:		0000921895-18-002791
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20181016
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20181017
DATE AS OF CHANGE:		20181017

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMERI Holdings, Inc.
		CENTRAL INDEX KEY:			0000890821
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				954484725
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38286
		FILM NUMBER:		181127004

	BUSINESS ADDRESS:	
		STREET 1:		5000 RESEARCH COURT, SUITE 750
		CITY:			SUWANEE
		STATE:			GA
		ZIP:			30024
		BUSINESS PHONE:		770-935-4152

	MAIL ADDRESS:	
		STREET 1:		5000 RESEARCH COURT, SUITE 750
		CITY:			SUWANEE
		STATE:			GA
		ZIP:			30024

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SPATIALIZER AUDIO LABORATORIES INC
		DATE OF NAME CHANGE:	19950323
</SEC-HEADER>
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<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8k10211002_10162018.htm
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>CURRENT REPORT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Pursuant to Section 13 or 15(d) of The Securities
Exchange Act of 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Date of Report (Date of Earliest Event Reported):
<U>October 17, 2018</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">AMERI Holdings, Inc.</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(Exact name of registrant as specified in its charter)</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 34%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 33%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 33%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Delaware</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">001-38286</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">95-4484725</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(State or Other Jurisdiction<BR>
of Incorporation)</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(Commission<BR>
File Number)</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(IRS Employer<BR>
Identification No.)</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">5000 Research Court, Suite 750, Suwanee, Georgia</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">30024</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(Address of Principal Executive Offices)</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(Zip Code)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Registrant&rsquo;s Telephone Number, Including
Area Code: <U>(770) 935-4152</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 100%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(Former Name or Former Address, If Changed Since Last Report)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (<I>see</I> General Instruction
A.2. below):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&#9744; Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&#9744;  Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&#9744;  Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&#9744; Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (&sect;230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (&sect;240.12b-2 of this chapter).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: right">Emerging growth company &#9746;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">If an emerging growth company, indicate by check mark if
the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. &#9744;&nbsp;</P>

<P STYLE="margin: 0"></P>

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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 1in"><B>Item 1.01</B></TD><TD STYLE="text-align: left"><B>Entry into a Material Definitive Agreement.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left; text-indent: 0.5in">The information required
herein is incorporated by reference to Item 5.02 below.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 1in"><B>Item 5.02</B></TD><TD STYLE="text-align: left"><B>Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left; text-indent: 0.5in">On October 17, 2018,
Ameri Holdings, Inc. (&ldquo;<U>Ameri</U>&rdquo; or the &ldquo;<U>Company</U>&rdquo;) announced the appointment of Barry Kostiner
as Chief Financial Officer of Ameri, pursuant to an employment letter agreement (the &ldquo;<U>Employment Letter</U>&rdquo;) with
him. Mr. Kostiner has over 20 years of management, corporate strategy and business development experience in the technology and
energy industries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left; text-indent: 0.5in">Prior to joining Ameri,
Mr. Kostiner served as an advisor on capital markets and business development to LinKay Technologies, Inc. a company specializing
in artificial intelligence technologies, which Mr. Kostiner joined in April 2017. From November 2017 to October 2018, Mr. Kostiner
also served as a consultant on data analytics and mergers and acquisition strategy to Cypress Skilled Nursing, a skilled nursing
services company. From January 2011 to October 2018, Mr. Kostiner served as a principal at Three Pillars Energy, a consulting
company. From June 2013 to March 2015, he was a portfolio manager with Platinum Management, a multi-strategy hedge fund. Mr. Kostiner
holds a bachelor of science degree in electrical engineering and a master of science degree in operations research from the Massachusetts
Institute of Technology.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left; text-indent: 0.5in">Pursuant to the Employment Letter, Mr. Kostiner will receive an annual base salary of $200,000 and be
eligible for bonus payments of up to an aggregate of $50,000 as determined by the Board of Directors, based on meeting and exceeding
mutually agreed upon annual performance goals. Additionally, Mr. Kostiner received an option to purchase 150,000 shares of common
stock with an exercise price based on the closing price of the Company&rsquo;s common stock on the grant date and expiring on
the fifth anniversary of the grant date. The option vests in thirds on each of the first through third anniversaries of October
17, 2018, the grant date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left; text-indent: 0.5in">Mr. Kostiner&rsquo;s
Employment Letter has a term lasting through December 31, 2019, subject to automatic one-year renewals thereafter, unless the Company
or Mr. Kostiner delivers written notice of non-renewal to the other party at least 60 days prior to the relevant renewal date.
In addition, the Employment Letter is subject to early termination by him or the Company in accordance with the terms of the Employment
Letter.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left; text-indent: 0.5in">The Employment Letter
also contains covenants restricting Mr. Kostiner from soliciting the Company&rsquo;s employees or customers for a period of two
years after the termination of Mr. Kostiner&rsquo;s employment with the Company, and prohibiting him from disclosure of confidential
information regarding the Company at any time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left; text-indent: 0.5in">Other than entering
into the Employment Letter with Ameri, Mr. Kostiner has not engaged in a related party transaction with Ameri during the last two
fiscal years, and there are no family relationships between Mr. Kostiner and any of Ameri&rsquo;s executive officers or directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left; text-indent: 0.5in">Effective October 17,
2018, the Company&rsquo;s prior Chief Financial Officer, Viraj Patel, resigned from his position with the Company; however, Mr.
Patel will continue to provide transition services to the Company for an additional sixty days.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left; text-indent: 0.5in">The foregoing summary
description of the Employment Letter is qualified in its entirety by reference to the full text of the Employment Letter, a copy
of which is attached hereto as Exhibit 10.1 and incorporated herein in its entirety by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left; text-indent: 0.5in">A copy of the press
release announcing Mr. Kostiner&rsquo;s appointment is furnished as Exhibit 99.1 to this Form 8-K.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 1in"><B>Item 9.01.</B></TD><TD STYLE="text-align: left"><B>Financial Statements and Exhibits</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left"><I>(d) Exhibits.</I></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 69px; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-size: 10pt">Exhibit</FONT><BR>
<FONT STYLE="font-size: 10pt"><U>Number</U></FONT></TD>
    <TD STYLE="width: 4px">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-size: 10pt"><U>Description</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-size: 10pt">Exhibit 10.1</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-size: 10pt">Employment Letter, dated October 17, 2018, between Ameri and Partners Inc and Barry Kostiner.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-size: 10pt">Exhibit 99.1</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-size: 10pt">Press Release, dated October 17, 2018.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-right: 0; margin-left: 0"><B>EXHIBIT INDEX</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR>
    <TD STYLE="vertical-align: bottom; width: 69px; text-align: left"><FONT STYLE="font-size: 10pt"><U>Exhibit No.</U></FONT></TD>
    <TD STYLE="width: 4px">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 10pt"><U>Description</U></FONT></TD></TR>
<TR>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR>
    <TD STYLE="text-align: center"><A HREF="ex101to8k10211002_10162018.htm"><FONT STYLE="font-size: 10pt">10.1</FONT></A></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: left"><A HREF="ex101to8k10211002_10162018.htm"><FONT STYLE="font-size: 10pt">Employment Letter, dated October 17, 2018, between Ameri and Partners Inc and Barry Kostiner.</FONT></A></TD></TR>
<TR>
    <TD STYLE="text-align: center"><A HREF="ex991to8k10211002_10162018.htm"><FONT STYLE="font-size: 10pt">99.1</FONT></A></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: left"><A HREF="ex991to8k10211002_10162018.htm"><FONT STYLE="font-size: 10pt">Press Release, dated October 17, 2018.</FONT></A></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center; text-indent: 13.5pt"><B>SIGNATURE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.2in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify"><FONT STYLE="font-size: 10pt">October 17, 2018</FONT></TD>
    <TD COLSPAN="3" STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify"><FONT STYLE="font-size: 10pt">AMERI HOLDINGS, INC.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; border-bottom: Black 0.5pt solid">/s/ Brent
        Kelton</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 51%; padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 6%; padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="width: 34%; padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify"><FONT STYLE="font-size: 10pt">Brent Kelton</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify"><FONT STYLE="font-size: 10pt">Chief Executive Officer</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/91% Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt/91% Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>



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<P STYLE="margin: 0; text-align: right">Exhibit 10.1</P>

<P STYLE="margin: 0; text-align: right">&nbsp;</P>

<P STYLE="margin: 0; text-align: left"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">October 17, 2018</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Barry Kostiner</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">85 Horton Drive</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Monsey, NY 10952</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Dear Barry:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">This letter will
confirm our agreement (the &ldquo;Agreement&rdquo;) with respect to your employment as Chief Financial Officer (&ldquo;CFO&rdquo;)
of AMERI AND PARTNERS INC (the &ldquo;Company&rdquo;), a subsidiary of AMERI HOLDINGS, INC. (&ldquo;Ameri&rdquo;), having its principal
place of business at having its principal place of business at 5000 Research Court, Suite 750, Suwanee, Georgia 30024. This letter
will become effective as of the date it is fully executed (the &ldquo;Effective Date&rdquo;), which date shall be the date first
written above. This agreement supersedes any prior written and verbal commitments or agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">1.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><U>Title and Job Duties.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(a)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Subject to the terms and conditions set forth in this Agreement, the Company agrees to employ Barry Kostiner (&ldquo;Employee&rdquo;)
as CFO, reporting to the Chief Executive Officer (&ldquo;CEO&rdquo;). In this capacity, Employee shall have the duties, authorities
and responsibilities as the CEO shall designate from time to time that are not inconsistent with the Employee&rsquo;s position.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(b)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Employee accepts such employment and agrees, during the term of his employment, to devote his full business and professional
time and energy to the Company. Employee agrees to carry out and abide by all lawful directions of the CEO. Employee shall work
primarily from New York, but may be directed to relocate during the Employment Period at the discretion of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(c)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Without limiting the generality of the foregoing, Employee shall not, without the written approval of the CEO render services
of a business or commercial nature on Employee&rsquo;s own behalf or on behalf of any other person, firm, or corporation, whether
for compensation or otherwise, during his or her employment hereunder; provided that the foregoing shall not prevent Employee from
(i) serving on the boards of directors of non-profit organizations and, with the prior written approval of the CEO, other for profit
companies, (ii) participating in charitable, civic, educational, professional, community or industry affairs, and (iii) managing
Employee&rsquo;s passive personal investments, so long as such activities in the aggregate do not materially interfere or conflict
with the Employee&rsquo;s duties hereunder or create a potential business or fiduciary conflict.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">2.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><U>Salary and Additional Compensation</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(a)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><U>Base Salary</U>. The Company shall pay to Employee an annual base salary of $200,000 (the &ldquo;Base Salary&rdquo;),
less applicable withholdings and deductions, on an annualized basis in accordance with the Company&rsquo;s normal payroll procedures.</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(b)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><U>Variable Bonus</U>. Starting on January 1, 2019, Employee shall be eligible to earn a bonus of up to 25% of his Base
Salary upon the achievement of pre-established performance targets set by the Compensation Committee of the Company&rsquo;s Board
of Directors (&ldquo;Compensation Committee&rdquo;). The Compensation Committee holds the right to make any changes to the bonus
criteria, including whether bonuses will be paid, at their discretion. The final amount will be as per the discretion of the Compensation
Committee. The amount will be payable on an annual basis within 45 days after Ameri&rsquo;s filing of its annual financial statements
with the Securities and Exchange Commission, so long as Employee is still employed by the Company at that time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(c)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><U>Stock Options</U>. Upon the Effective Date and subject to approval of the Compensation Committee, Executive shall receive
an option (the &ldquo;Option&rdquo;) to purchase 150,000 shares of the Company&rsquo;s common stock in accordance with the Company&rsquo;s
2015 Equity Incentive Award Plan (the &ldquo;Plan&rdquo;) and a separate grant agreement. The Options shall vest as follows: one-third
upon the first anniversary of the grant date; one-third upon the second anniversary of the grant date; one-third upon the third
anniversary of the grant date, provided Executive is employed on such anniversary dates, and in accordance with the grant agreement
and the Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">3.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><U>Expenses</U>. In accordance with Company policy, the Company shall reimburse Employee for all reasonable business expenses
properly and reasonably incurred and paid by Employee in the performance of his duties under this Agreement upon Employee&rsquo;s
presentment of detailed receipts in the form required by the Company&rsquo;s policy.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">4.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><U>Benefits</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(a)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><U>Vacation</U>. Employee shall be entitled to accrue 15 days of vacation per year, in accordance with the Company&rsquo;s
standard vacation policy extended to employees of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(b)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><U>Health Insurance and Other Plans</U>. Employee shall be eligible to participate in the Company&rsquo;s medical and other
employee benefit programs, if any, that are provided by the Company for its employees generally, at levels commensurate with Employee&rsquo;s
position, in accordance with the provisions of any such plans, as the same may be in effect from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">5.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><U>Term and Termination</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(a)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><U>Employment Period.</U> The Company shall employ Employee pursuant to the terms hereof commencing on the Effective Date
and ending on December 31, 2019 (the &ldquo;Employment Period&rdquo;), unless terminated earlier pursuant to this Section 5, which
governs the earlier termination of Employee&rsquo;s employment and this Agreement. The Employment Period shall automatically renew
for additional one (1) calendar year periods (a &ldquo;Renewal Date&rdquo;), unless the Company or Employee has delivered written
notice of non-renewal to the other party at least sixty (60) days prior to the relevant Renewal Date or the Agreement is earlier
terminated as otherwise provided in this Section 5 below. Notwithstanding this, the Employee&rsquo;s employment with the Company
shall be &ldquo;at will,&rdquo; meaning that either Employee or the Company shall be entitled to terminate Executive&rsquo;s employment
at any time and for any reason, with or without Cause, subject to the obligations in Section 5.</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(b)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><U>Termination by the Company for Cause, Upon Death or Disability</U>. For purposes of this Agreement, &ldquo;Cause&rdquo;
shall mean: (i) Employee&rsquo;s grossly negligent or willful disregard of the lawful and reasonable directives of the Board or
the Company&rsquo;s board of directors clearly communicated to Employee and which remain uncured after thirty (30) days&rsquo;
written notice from Ameri or the Company notifying Employee of such gross negligence or willful misconduct in reasonable detail;
(ii) Employee&rsquo;s material breach of the terms of this Agreement which remains uncured after thirty (30) days&rsquo; written
notice from Ameri or the Company notifying Employee of such breach in reasonable detail (and if such breach is of a nature that
it cannot reasonably be cured within thirty (30) days, as long as the cure is commenced and continuing within such 30-day period,
Employee shall have a reasonable period of time to cure such breach); (iii) engages in misconduct that cause material harm to the
financial condition or reputation of the Company or any of its affiliates; or (iv) Employee pleads &ldquo;guilty&rdquo; or &ldquo;no
contest&rdquo; to or is indicted for or convicted of a felony under federal or state law or as a crime under federal or state law
which involves Employee&rsquo;s fraud or dishonesty, for which such termination shall be immediate. The Company may terminate Employee&rsquo;s
employment for Cause immediately. The Company may terminate Employee immediately upon death or upon Disability in accordance with
the terms set forth in Section 5(c) below. In the event of a termination for Cause, upon Disability or death, Employee shall be
paid: (i) his Base Salary accrued up to and including the date of termination, paid within thirty (30) days, (ii) unreimbursed
expenses, paid in accordance with this Agreement and the Company&rsquo;s policies, and (iii) any accrued benefits under any Company
benefit plan, paid pursuant to the terms of such benefit plan (collectively, the &ldquo;Accrued Obligations&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(c)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><U>Termination by the Company other than for Cause or Resignation by the Employee</U>. Either of the Company and Employee
may terminate the Employment Period at any time and for any reason upon sixty (60) days written notice, which the Company may waive
at its discretion. If the Company or the Employee terminates the Employment Period pursuant to this Section, Employee shall be
paid the Accrued Obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(d)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><U>Definition of Disability</U>. For the purposes of this Agreement, &ldquo;Disability&rdquo; shall mean that Employee has
become physically or mentally unable to perform his duties for the Company hereunder and such incapacity has continued for a total
of ninety (90) consecutive days or for any one hundred eighty (180) days in a period of three hundred sixty-five (365) consecutive
days.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">6.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><U>Confidentiality Agreement</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(a)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Employee understands that during the Employment Period, he may have access to unpublished and otherwise confidential information
both of a technical and non-technical nature, relating to the business of the Company, its affiliates, or its customers, vendors
or other third parties, including, without limitation, any of their actual or anticipated business, research or development, any
of their technology or the implementation or exploitation thereof, including, without limitation, information Employee and others
have collected, obtained or created, information pertaining to customers, accounts, vendors, prices, costs, materials, processes,
codes, material results, technology, system designs, system specifications, materials of construction, trade secrets and equipment
designs, including information disclosed to the Company by others under agreements to hold such information confidential (collectively,
the &ldquo;Confidential Information&rdquo;). Employee agrees to observe all Company policies and procedures concerning such Confidential
Information. Employee further agrees not to disclose or use, either during his employment or at any time thereafter, any Confidential
Information for any purpose, including, without limitation, any competitive purpose, unless authorized to do so by the Company
in writing, except that he may disclose and use such information in the good faith performance of his duties for the Company. Employee&rsquo;s
obligations under this Agreement will continue with respect to Confidential Information, whether or not his employment is terminated,
until such information becomes generally available from public sources through no fault of Employee or any representative of Employee.
Notwithstanding the foregoing, however, Employee shall be permitted to disclose Confidential Information as may be required by
a subpoena or other governmental order, provided that he first notifies the Company of such subpoena, order or other requirement
and such that the Company has the opportunity to obtain a protective order or other appropriate remedy.</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(b)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>During the Employment Period, upon the Company&rsquo;s request, or upon the termination of his employment for any reason,
Employee will promptly deliver to the Company all documents, records, files, notebooks, manuals, letters, notes, reports, customer
and supplier lists, cost and profit data, e-mail, apparatus, computers, blackberries or other PDAs, hardware, software, drawings,
blueprints, and any other material belonging to the Company or any of its customers, including all materials pertaining to Confidential
Information developed by Employee or others, and all copies of such materials, whether of a technical, business or fiscal nature,
whether on the hard drive of a laptop or desktop computer, in hard copy, disk or any other format, which are in his possession,
custody or control. Notwithstanding anything in this Section to the contrary, Employee shall not be required to return to the Company
apparatuses, computers, blackberries or other PDAs, or other devices that are owned by Employee and not by the Company, but Employee
may be required to deliver such devices to the Company or its designee for a period during which the Company shall delete from
such devices Confidential Information of the Company, if any.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">7.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><U>Assignment of Intellectual Property</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(a)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Employee will promptly disclose to the Company any idea, invention, discovery or improvement, whether patentable or not
(&ldquo;Creations&rdquo;), conceived or made by him alone or with others at any time during his employment with the Company or
its affiliates. Employee agrees that the Company owns any such Creations, conceived or made by Employee alone or with others at
any time during his employment, and Employee hereby assigns and agrees to assign to the Company all moral or other rights he has
or may acquire therein and agrees to execute any and all applications, assignments and other instruments relating thereto which
the Company deems necessary or desirable. Employee hereby waives and relinquishes all moral rights he has or may acquire in the
Creations and agrees to execute any and all other waivers and instruments relating thereto which the Company deems necessary or
desirable. These obligations shall continue beyond the termination of his employment with respect to Creations and derivatives
of such Creations conceived or made during his employment with the Company. The Company and Employee understand that the obligation
to assign Creations to the Company shall not apply to any Creation which is developed entirely on his own time without using any
of the Company&rsquo;s equipment, supplies, facilities, and/or Confidential Information unless such Creation (i)&nbsp;relates in
any way to the business or to the current or anticipated research or development of the Company, or (ii)&nbsp;results in any way
from his work at the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(b)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>In any jurisdiction in which moral rights cannot be assigned, Employee hereby waives any such moral rights and any similar
or analogous rights under the applicable laws of any country of the world that Employee may have in connection with the Creations,
and to the extent such waiver is unenforceable, hereby covenants and agrees not to bring any claim, suit or other legal proceeding
against the Company or any of its affiliates claiming that Employee&rsquo;s moral rights have been violated.</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(c)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Employee agrees to cooperate fully with the Company both during and after his employment with the Company, with respect
to the procurement, maintenance and enforcement of copyrights, patents, trademarks and other intellectual property rights (both
in the United States and foreign countries) relating to such Creations. Employee shall sign all papers, including, without limitation,
copyright applications, patent applications, declarations, oaths, formal assignments, assignments of priority rights and powers
of attorney, which the Company may deem necessary or desirable in order to protect its rights and interests in any Creations. Employee
further agrees that if the Company is unable, after reasonable effort, to secure Employee&rsquo;s signature on any such papers,
any officer of the Company shall be entitled to execute such papers as his agent and attorney-in-fact and Employee hereby irrevocably
designates and appoints each officer of the Company as his agent and attorney-in-fact to execute any such papers on his behalf
and to take any and all actions as the Company may deem necessary or desirable in order to protect its rights and interests in
any Creations, under the conditions described in this paragraph.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">8.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><U>Non-Solicitation Agreement</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(a)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Employee will not, for a period of two (2) years following the termination of his employment for any reason (the &ldquo;<U>Restricted
Period</U>&rdquo;), directly or indirectly, for himself or on behalf of or in conjunction with any other person or entity, (i)
solicit or hire (or assist or encourage any other person or entity to solicit or hire), or otherwise interfere in any manner with
any employee, advertiser or strategic partner of the Company (each, a &ldquo;<U>Restricted Entity</U>&rdquo;), other than by general
public advertisement or other such general solicitation not specifically targeted at any such Person, (ii) induce or request any
customer of any Restricted Entity to reduce, cancel or terminate its business with such Restricted Entity or otherwise interfere
in any manner in any Restricted Entity&rsquo;s business relationship with any of its customers, or (iii) solicit or accept business
from any customer of any Restricted Entity in connection with any business of management consulting in the SAP software market
(such business, the &ldquo;<U>Restricted Business</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(b)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Employee agrees that the foregoing covenants are reasonable with respect to their duration, geographic area and scope. If
a judicial determination is made that any provision of this Section 8 constitutes an unreasonable or otherwise unenforceable restriction
against Employee, then the provisions of this Section 8 shall be rendered void with respect to Employee only to the extent such
judicial determination finds such provisions to be unenforceable. In that regard, any judicial authority construing this Section
8 shall be empowered to sever any prohibited business activity, time period or geographical area from the coverage of any such
agreements and to apply the remaining provisions of this Section 8 to the remaining business activities, time periods and/or geographical
areas not so severed. Moreover, in the event that any provision, or the application thereof, of this Section 8 is determined not
to be specifically enforceable, the Company may be entitled to recover monetary damages as a result of the breach of such agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(c)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>For purposes of this Agreement, the term &ldquo;<U>Restricted Area</U>&rdquo; means any geographical area in which a material
amount of the business of the Company is conducted or pursued at any time during the Restricted Period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">9.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><U>Representation and Warranty</U>. Employee represents and warrants to the Company that Employee is not subject to any
agreement restricting his ability to enter into this Agreement and fully carry out his duties and responsibilities hereunder. Employee
hereby indemnifies and holds the Company harmless against any losses, claims, expenses (including reasonable attorneys&rsquo; fees),
damages or liabilities incurred by the Company as a result of a breach of the foregoing representation and warranty.</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">10.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><U>Notice</U>. Any notice or other communication required or permitted to be given to any of the parties hereto shall be
deemed to have been given if personally delivered, or if sent by nationally recognized overnight courier, and addressed as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 0in">If to Employee,
to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 0in">the address shown
on the records of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 0in">If to the Company,
to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in">c/o Ameri Holdings, Inc.<BR>
5000 Research Court, Suite 750,<BR>
Suwanee, Georgia 30024</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in">with a copy to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in">Olshan Frome Wolosky LLP<BR>
1325 Avenue of the Americas<BR>
New York, New York 10019<BR>
Attention:&#9;Adam W. Finerman</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">11.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><U>Severability</U>. If any provision of this Agreement is declared void or unenforceable by a court of competent jurisdiction,
all other provisions shall nonetheless remain in full force and effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">12.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><U>Governing Law and Consent to Jurisdiction</U>. This Agreement shall be governed by, and construed and enforced in accordance
with, the laws of the State of New York without regard to the conflict of laws provisions thereof. Each of the parties hereto hereby
irrevocably submits to the exclusive jurisdiction of any state or federal court in New York over any action or proceeding arising
out of or relating to this Agreement and each of the parties hereto hereby irrevocably agrees that all claims in respect of such
action or proceeding shall be heard and determined in such New York state or Federal court. Each of the parties hereto hereby irrevocably
waives, to the fullest extent legally possible, the defense of an inconvenient forum to the maintenance of such action or proceeding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">13.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><U>Waiver</U>. The waiver by any of the parties hereto of a breach of any provision of this Agreement shall not be construed
as a waiver of any subsequent breach. The failure of a party to insist upon strict adherence to any provision of this Agreement
on one or more occasions shall not be considered a waiver or deprive that party of the right thereafter to insist upon strict adherence
to that provision or any other provision of this Agreement. Any waiver must be in writing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">14.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><U>Injunctive Relief</U>. Without limiting the remedies available to the Company, Employee acknowledges that a breach of
any of the covenants contained in Sections 6, 7 or 8 would result in material irreparable injury to the goodwill of the Company
for which there is no adequate remedy at law, that it will not be possible to measure damages for such injuries precisely and that,
in the event of such a breach or threat thereof, the Company shall be entitled, without the requirement to post bond or other security,
to obtain a temporary restraining order or preliminary or permanent injunction restraining Employee from engaging in activities
prohibited by this Agreement or such other relief as may be required to specifically enforce any of the covenants in Section 6,
7 or 8 of this Agreement, in addition to all other remedies available at law or in equity.</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">15.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><U>Assignment</U>. This Agreement is a personal contract and Employee may not sell, transfer, assign, pledge or hypothecate
his rights, interests and obligations hereunder. Except as otherwise herein expressly provided, this Agreement shall be binding
upon and shall inure to the benefit of Employee and his personal representatives and shall inure to the benefit of and be binding
upon the Company and its successors and assigns.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">16.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><U>Entire Agreement</U>. This Agreement (together with the Exhibits attached hereto) embodies all of the representations,
warranties, and agreements between the parties hereto relating to Employee&rsquo;s employment with the Company. No other representations,
warranties, covenants, understandings, or agreements exist between the parties hereto relating to Employee&rsquo;s employment.
This Agreement shall supersede all prior agreements, written or oral, relating to Employee&rsquo;s employment. This Agreement may
not be amended or modified except by a writing signed by each of the parties hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center; text-indent: 0in">[<I>Signature page
follows.</I>]</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left; text-indent: 0.5in">IN WITNESS WHEREOF,
the parties hereto have caused this Agreement to be duly executed and delivered on the date above.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 5.75pt; padding-left: 5.75pt">AMERI AND PARTNERS INC</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">By:</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; border-bottom: Black 0.5pt solid">/s/ Brent Kelton</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 51%; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 6%; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 5.75pt; padding-left: 5.75pt">Name:</TD>
    <TD STYLE="width: 34%; padding-right: 5.75pt; padding-left: 5.75pt">Brent Kelton</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">Title:</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">Chief Executive Officer</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 50%; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">Agreed to and Accepted:</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; border-bottom: Black 0.5pt solid">/s/ Barry Kostiner</P></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">BARRY KOSTINER</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left">&nbsp;</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>ex991to8k10211002_10162018.htm
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0; text-align: right">Exhibit 99.1</P>

<P STYLE="margin: 0; text-align: right">&nbsp;</P>

<P STYLE="margin: 0; text-align: left"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><FONT STYLE="text-transform: uppercase"><B>Exhibit
99.1</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt/150% Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: center"><B>AMERI100 APPOINTS BARRY KOSTINER
CHIEF FINANCIAL OFFICER </B><BR>
<I>- Experienced Mergers and Acquisitions and Financial Management Executive to Help Drive Company&rsquo;s Next Stage of Growth
-</I></P>

<P STYLE="font: 10pt/150% Times New Roman, Times, Serif; margin: 0 0 6pt; background-color: white"><FONT STYLE="background-color: white">ATLANTA,
GA., October 17, 2018 -- AMERI Holdings, Inc. (NASDAQ: AMRH) (&ldquo;Ameri100&rdquo; or the &ldquo;Company&rdquo;), a specialized
SAP&reg; cloud, digital and enterprise services company, today announced the appointment of Barry Kostiner as its Chief Financial
Officer effective immediately. Reporting to Chief Executive Officer Brent Kelton, Kostiner succeeds Viraj Patel, who will remain
with the Company through December 15, 2018 to ensure a smooth transition.</FONT></P>

<P STYLE="font: 10pt/150% Times New Roman, Times, Serif; margin: 0 0 6pt; background-color: white"><FONT STYLE="background-color: white">Brent
Kelton, CEO of Ameri100, stated, &ldquo;Barry&rsquo;s growth-centric mindset, the breadth of his expertise in corporate finance,
M&amp;A and strategic planning will be critical in executing our M&amp;A strategy under the direction of Srinidhi Devanur, our
Founder and Vice Chairman, as we move to build scale in the fragmented SAP services market. Barry is a great addition to the team,
and I look forward to partnering with him as we continue to execute against our strategic priorities and realize the full earnings
power of our business model.&rdquo;</FONT></P>

<P STYLE="font: 10pt/150% Times New Roman, Times, Serif; margin: 0 0 6pt; background-color: white"><FONT STYLE="background-color: white">Mr.
Kostiner brings more than 20 years of finance, corporate strategy and leadership experience to Ameri100. He previously held senior
leadership roles at emerging growth companies primarily in the energy and energy trading sectors where he demonstrated leadership
in fund raising, due diligence and acquisitions. Most recently, Mr. Kostiner was an advisor on capital markets and business development
matters to LinKay Technologies and an advisor on data analytics and mergers and acquisitions strategy for a national skilled nursing
facilities company. Mr. Kostiner holds a BS in Electrical Engineering and MS in Applied Mathematics/Management Science from MIT
Sloan School of Management&rsquo;s Operations Research Center.</FONT></P>

<P STYLE="font: 10pt/150% Times New Roman, Times, Serif; margin: 0 0 6pt; background-color: white"><FONT STYLE="background-color: white">Mr.
Kelton added, &ldquo;Through Viraj&rsquo;s leadership Ameri100 closed on multiple financing rounds, including the Company&rsquo;s
first public offering, and he led the integration of our acquired companies while establishing a cost-efficient organizational
structure that resulted in the achievement of adjusted EBITDA profitability. The Board and I wish him the very best in his future
endeavors.&rdquo;</FONT></P>

<P STYLE="font: 10pt/150% Times New Roman, Times, Serif; margin: 0 0 6pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="background-color: white"><B>About
Ameri100 </B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white"><FONT STYLE="background-color: white">Ameri100
is a specialized SAP<SUP>&reg;</SUP> cloud, digital and enterprise services company which provides SAP&reg; services to customers
worldwide. Headquartered in Atlanta, Georgia, Ameri100 has offices in the U.S. and Canada. The Company also has global delivery
centers in India. With its bespoke engagement model, the Company delivers transformational value to its clients across industry
verticals. For further information, visit www.ameri100.com</FONT><FONT STYLE="background-color: white">.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="background-color: white"><B>Forward-Looking
Statements </B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="background-color: white">This
press release includes forward-looking statements that relate to the business and expected future events or future performance
of Ameri100 and involve known and unknown risks, uncertainties and other factors that may cause its actual results, levels of activity,
performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed
or implied by these forward-looking statements. Words such as, but not limited to, &quot;believe,&quot; &quot;expect,&quot; &quot;anticipate,&quot;
 &quot;estimate,&quot; &quot;intend,&quot; &quot;plan,&quot; &quot;targets,&quot; &quot;likely,&quot; &quot;will,&quot; &quot;would,&quot;
 &quot;could,&quot; and similar expressions or phrases identify forward-looking statements. Forward-looking statements include,
but are not limited to, statements about Ameri100's financial and growth projections as well as statements concerning our plans,
predictions, estimates, strategies, intentions, beliefs and other information concerning our business and the markets in which
we operate. The future performance of Ameri100 may be adversely affected by the following risks and uncertainties: the level of
market demand for our services, the highly-competitive market for the types of services that we offer, market conditions that could
cause our customers to reduce their spending for our services, our ability to create, acquire and build new businesses and to grow
our existing businesses, our ability to attract and retain qualified personnel, currency fluctuations and market conditions around
the world, and other risks not specifically mentioned herein but those that are common to industry. For a more detailed discussion
of these factors and risks, investors should review Ameri100's reports on Form 10-K and other reports filed with the Securities
and Exchange Commission (the &ldquo;SEC&rdquo;), which can be accessed through the SEC's website. Forward-looking statements in
this press release are based on management's beliefs and opinions at the time the statements are made. All forward-looking statements
are qualified in their entirety by this cautionary statement, and Ameri100 undertakes no duty to update this information to reflect
future events, information or circumstances.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Corporate Contact: </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Brent Kelton, Chief Executive Officer</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">IR@ameri100.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Investor Relations Contact: </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Sanjay M. Hurry</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">LHA Investor Relations</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">(212) 838-3777</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">IR@ameri100.com</P>

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