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By Usman on 2/27/2014 12:35 PM
CHICAGO, IL--(Marketwired - Feb 27, 2014) -Epazz, Inc. (OTCQB: EPAZ), a leading provider of cloud-based business software solutions, announced that the Company has signed a letter of intent to acquire a software company used by colleges in Midwestern U.S. This new acquisition is expected to provide substantial growth to Epazz's revenue stream by generating a 30% increase in recurring revenues in the first year.

The target company was founded in the 2000s and has a long history of positive cash flow and profitability. The software product is considered to be truly unique. There are few competitors presently in the market offering such an all-encompassing suite of software within their target market, making this move quite strategic in Epazz, Inc.'s projected growth.

Epazz has been increasing its global distribution channels and continues to search for suitable...



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