Chicago--(MARKET WIRE)--Epazz, Inc. (OTCBB: EPAZ - News),
a leading provider of office productivity workforce solutions, today announced
that its revenues in
2009 were up 95.3% from the prior period. The increase in revenues is
attributable to the Company’s acquisition of DeskFlex and Professional Resource
Management in June 2008, and revenues associated with our purchased DeskFlex
and Agent Power product lines. Also Epazz’s total operating expenses for the
year 2009 decreased 8.7% from the prior period.
Epazz
has been growing through targeted acquisitions.
The company looks for proprietary business to business software applications that
are used by Fortune 500 companies, government agencies, health care providers
and post secondary institutions. Epazz
is currently in negotiations with five companies who meet our acquisition
guidelines. Also Epazz is currently in
negotiations to hire acquisition search firms who specialize in software
acquisitions in order to broaden our selections.
“We
are moving in the right direction. Our
growth strategy is beginning to payoff.
We are working toward expanding the company worldwide. We are working toward adding additional
product lines. As the economy recovers Epazz is in a position to grow,” said
Shaun Passley, Chief Executive Officer of Epazz.
About Epazz,
Inc.
Epazz Inc.
is an enterprise-wide software company that specializes in providing customized
web applications to the corporate world, higher education institutions and the
public sector. Epazz BoxesOSv3.0 is the
complete business web-based software package for small to mid size businesses,
Fortune 500 enterprises, government agencies and higher education institutions.
BoxesOS provides many of the web-based applications organizations would have to
buy separately. Epazz’s other products are AgentPower, workforce management software
and AutoHire, applicant tracking system.
About DeskFlex, Inc.
DeskFlex, Inc.'s proprietary room scheduling software supports
the use of shared workspaces by multiple employees. Mobile workers are often
absent from the office leaving their desks vacant. By establishing a pool of
shared resources and a reservation system, companies can materially reduce real
estate expenses by limiting the space needed for offices, desks, meeting rooms
and even reserved parking spaces. DeskFlex creates an easy to navigate web site
allowing employees to reserve workspace in advance and interacts with popular
telephone systems to enable phone calls to be routed to the employee's
temporary desk.
BoxesOS
allows for employees to view announcements online. Employees are able to share
documents from multiple locations throughout the world. With BoxesOS employees
are able to take training courses and their supervisors are able to view the
results online. Companies are able to create self-service portals for their
customers to pay for their invoice and download instructions. Companies can
also create self-service portals for their partners to request new marketing
materials or view a demo. BoxesOS connects to companies' databases to easily
bring all of their information together.
BoxesOS
includes an intranet, portal, extranet, central knowledge repository, document management, workflow engine, website
management, web collaboration, email system, and learning management system
into one complete web-based solution which connects to organizations' backend
systems.
BoxesOS
allows the organization to start-up by implementing elegant web-enabled
information dashboards for each stakeholder group. Functionality with
administrative systems can be swiftly completed using BoxesOS connectors to
other back-end systems. Business applications that require upgrading can be
upgraded on a prioritized basis as desired, and easily linked to BoxesOS and
its personal information system.
Penny stocks are common stock that
trades for less than five dollars a share and is traded over the counter (OTC)
through quotation services such as the OTC Bulletin Board.
"Safe Harbor"
statement under the Private Securities Litigation Reform Act of 1995:
Certain
statements contained in this press release are "forward-looking
statements" within the meaning of the Private Securities Litigation Reform
Act of 1995. Forward-looking statements generally can be identified by the use
of forward-looking statements such as "may," "expect,"
"intend," "estimate," "anticipate,"
"believe," or "continue" (or the negative thereof) or
similar terminology. Such forward-looking statements are subject to risk,
uncertainties and other factors that could cause actual results to differ
materially from future results or implied by such forward-looking statements.
Investors are cautioned that any forward-looking statements are not guarantees
of future performance and that actual results may differ materially from those
contemplated by such forward-looking statements. Epazz assumes no obligation
and does not intend to update these forward-looking statements and takes no
obligation to update or correct information prepared by third parties that is
not paid for by Epazz. Investors are encouraged to review Epazz's public
filings on SEC.gov, including its unaudited and audited financial statements,
and its Registration Statement, Form 10-K's and Form 10-Q's, which contain
general business information about the Company's operations, results of
operations and risks associated with the Company and its operations.
Contact:
Investor Relations Contact:
investors@epazz.net
(312) 955-8161
Be the first to rate this post
- Currently 0/5 Stars.
- 1
- 2
- 3
- 4
- 5