SilverSun Technologies, Inc. (SSNT) Acquires Outstanding Minority Interest in SWK Technologies
SilverSun Technologies, which previously owned 80% of the Company's subsidiary, SWK Technologies, Inc., has acquired the remaining 20% of SWK. SWK Technologies is once again a wholly-owned subsidiary of SilverSun. Mark Meller, CEO of SilverSun, stated, "2011 was a remarkable year for our Company. We set out to restructure the Company, and have been successful in that effort. We have eliminated all third party debt and reduced our total liabilities from over $6 million in January 2010 to less than $2.9 million today. Our sales increased by over 40% from previous years. We rationalized our cap structure so that our…