iCoreConnect Inc. Announces Strategic Acquisition of Verifi Dental
09 Gennaio 2024 - 10:27PM
via NewMediaWire –
iCoreConnect Inc. (NASDAQ:
ICCT)(“iCore” or the “Company”), a leading cloud-based software
and technology company focused on increasing workflow productivity
and customer profitability through its enterprise and healthcare
workflow platform, today announced its strategic acquisition of
Verifi Dental (“Verifi”). This acquisition expands the portfolio of
SaaS software solutions iCore provides to the healthcare market.
“This strategic acquisition signifies positive momentum for the
Company and the advancement of our growth strategy. The addition of
Verifi brings iCore enhanced capabilities, a broader market
presence, and ultimately improves the value we offer to our
customers and stakeholders,” said Robert McDermott, President and
CEO of iCoreConnect. “We believe the combined strengths of
iCoreConnect and Verifi will position us as a formidable force in
the insurance verification sector. These strengths will bring us
complementary expertise, and additional products and service
offerings, including synergies and operational efficiencies.”
Jacob Weprin, CEO of Verifi, commented, “Insurance verifications
have always been one of the major challenges and pain points in the
dentistry field. The acquisition of Verifi empowers iCoreConnect to
immediately connect to a vast network of additional insurance
companies and provide the best results in the industry through a
cloud-based environment that ensures accessibility from any
location.”
Tim Miller, CTO of Verifi, added, “We are thrilled to combine
our complementary technologies and expertise with iCoreConnect to
strive for the most comprehensive insurance verification software
in the industry.”
About iCoreConnect, Inc. (NASDAQ: ICCT)
iCoreConnect Inc. is a leading, cloud-based software and
technology company focused on increasing workflow productivity and
practice profitability through its enterprise and healthcare
workflow platform of applications and services. iCoreConnect is
most notably known for its innovation in solving healthcare
business problems. iCoreConnect’s philosophy places a high value on
customer feedback, positioning iCoreConnect to respond to the
market’s needs. iCoreConnect touts a platform of 16 SaaS enterprise
solutions and more than 100 product endorsements with state or
regional healthcare associations across the United States.
Forward-Looking Statements
Some of the statements in this release are forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, Section 21E of the Securities Exchange Act of 1934 and the
Private Securities Litigation Reform Act of 1995, which involve
risks and uncertainties. Forward-looking statements in this press
release include, without limitation, the Company’s ability to
successfully integrate the Verifi acquisition. Although the Company
believes that the expectations reflected in such forward-looking
statements are reasonable as of the date made, expectations may
prove to have been materially different from the results expressed
or implied by such forward-looking statements. The Company has
attempted to identify forward-looking statements by terminology
including ‘believes,’ ‘estimates,’ ‘anticipates,’ ‘expects,’
‘plans,’ ‘projects,’ ‘intends,’ ‘potential,’ ‘may,’ ‘could,’
‘might,’ ‘will,’ ‘should,’ ‘approximately’ or other words that
convey uncertainty of future events or outcomes to identify these
forward-looking statements. These statements are only predictions
and involve known and unknown risks, uncertainties, and other
factors, including those discussed under Item 1A. “Risk Factors” in
the Company’s most recently filed Form 10-K filed with the
Securities and Exchange Commission (“SEC”) and updated from time to
time in its Form 10-Q filings and in its other public filings with
the SEC. Any forward-looking statements contained in this release
speak only as of its date. The Company undertakes no obligation to
update any forward-looking statements contained in this release to
reflect events or circumstances occurring after its date or to
reflect the occurrence of unanticipated events.
Investor Contacts:Davis Snyder or Nick
NelsonICCT@alpha-ir.com312-445-2870
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