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Epazz Holdings: US Government's Chinese Drone Ban Will Assist ZenaDrone in Generating Revenue; Phase 1 SBIR Submitted

CHICAGO, IL, March 01, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Epazz Inc. (OTC: EPAZ), a mission-critical provider of drone technology, blockchain mobile apps, and cloud-based business software solutions, announced today that the US Air Force invited ZenaDrone to showcase the ZenaDrone 1000 at an air base in California on March 16 and 17. This will be ZenaDrone’s first visit to a military base to interact with personnel and gain insight into our drone technology’s potential use in the Air Force.

ZenaDrone has been focusing on getting U.S. government contracts for its ZenaDrone 1000.  It has submitted Phase 1 SBIR contracts and is working on securing partnerships for Phase 2. 

CEO Shaun Passley, Ph.D., said, We are excited to be invited to the U.S. Air Force air base in order to showcase our drone technology and meet with military personnel to understand how our drone can be used in the Air Force.”  

The U.S. government is pushing initiatives to obtain made-in-America drones through its BlueUAS program. ZenaDrone is currently in the process of applying for BlueUAS, and the list is very short.

ZenaDrone Inc. is a provider of a multifunctional unmanned aerial vehicle equipped with machine learning systems, multispectral sensors, and AI technology. ZenaDrone uses the data its cameras capture to create a 3D interactive environment.

The ZenaDrone team will use predictive AI analytics — or predictive modeling — a type of analysis that employs methods and resources to create predictive models and make forecasts of future outcomes based on acquired data. Techniques used in predictive analytics include machine learning algorithms, sophisticated mathematics, statistical modeling, descriptive analytics, and data mining. Predictive analytics refers to a method rather than a specific technology.

Epazz Holdings will prioritize developing the ZenaDrone 1000 by upgrading its AI technology to increase its global reach across industries. 

About ZenaDrone Inc. (https://www.zenadrone.com/)

ZenaDrone Inc. is a provider of a multifunctional unmanned aerial vehicle equipped with machine learning systems, multispectral sensors, and AI technology. ZenaDrone uses the data its cameras capture to create a 3D interactive environment.

About Epazz Inc. (https://www.epazz.com/)

Epazz Inc. specializes in enterprise cloud business process software, metaverse solutions, drone technology, and blockchain mobile apps and has over 500 repeat customers. Epazz acquired DeskFlex in 2008. DeskFlex is a desk- and room-booking software company that has been in business since 1997. DeskFlex is developing a metaverse virtual office and has added social distancing features and contact tracing technology to its system to help organizations bring employees back to the office and create new hybrid work environments (https://www.deskflex.com/DeskFlex-Safety-Operation-after-COVID-19-Pandemic). Epazz technology makes it easy to convert legacy systems into cloud business process software, for which the company then charges an annual subscription fee. Epazz has acquired 11 software companies that have converted or are in the process of converting their legacy software products to cloud software using Epazz’s technology. Epazz then markets the new cloud-based solutions to new and existing customers. Epazz spun off a ZenaPay Inc. 2018 New Bitcoin Mobile app a financial technology company that offers a unique Bitcoin and Ethereum payment mobile app software allowing consumers to acquire Bitcoin at the point of sale.

SAFE HARBOR

This is the 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 can generally be identified by the use of forward-looking statements such as “may,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “continue” (or the negatives thereof) or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from future results or those implied by such forward-looking statements. Investors are cautioned that any forward-looking statement is not a guarantee of future performance and that actual results may differ materially from those contemplated by such forward-looking statements. Epazz Inc. assumes no obligation and has no intention of updating these forward-looking statements, and it has no obligation to update or correct information prepared by third parties that are not paid for by Epazz Inc. Investors are encouraged to review Epazz Inc.’s public filings on SEC.gov and otcmarkets.com, including its unaudited and audited financial statements and its OTC market filings, which contain general business information about the company’s operations, results of operations, and risks associated with the company and its operations.

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