Epazz: Intellisys Renews Over 90 Percent of Support Plans & Launches New Version of Intellisys SystemVIEW Called SystemVIEW C...
February 20 2014 - 8:37AM
Marketwired
Epazz: Intellisys Renews Over 90 Percent of Support Plans and
Launches New Version of Intellisys SystemVIEW Called SystemVIEW
Cloud
SystemVIEW Cloud Will Allow the Company to Sell in Multiple
Vertical Markets
CHICAGO, IL--(Marketwired - Feb 20, 2014) - (OTCQB: EPAZ) Epazz
Inc., a leading provider of cloud-based business software
solutions, announced that its maintenance contracts renewal rates
for Intellisys Software are well over 90 percent, and it is
positioned to continue at this pace. Intellisys software continues
to receive positive responses on its support and customization IT
consulting services. Furthermore, Intellisys is launching a new
SystemVIEW.
SystemVIEW is a scada software and hmi software for rapid
application development of HMI and process. The new version is
web-based and is available in both an enterprise edition and a
cloud edition. SystemVIEW needed a major update to retain existing
customers and to attract new ones. It is in the process of showing
current customers the benefits of the new SystemVIEW. The company
expects that most of its SystemVIEW customers will update their
systems this year or next. The 90 percent renewal rate will help
increase revenues.
Renewal rate conversion is an important factor in Epazz's
aggressive growth model. With rates of over 90 percent, this
contributes strongly to company revenues and is expected to do so
for the foreseeable future.
"We expected to continue a high renewal rate for Intellisys
Software, but better than 90 percent is an exceptional rate," said
Shaun Passley, CEO of Epazz. "With the new SystemVIEW Cloud, we
have a product that we can sell to the multi-vertical markets."
About Epazz Inc.
Epazz Inc. is a leading cloud-based software company that
specializes in providing customized cloud applications to the
corporate world, higher education institutions, and the public.
Epazz BoxesOS™v3.0 is the complete web-based business software
package for small to midsize businesses, Fortune 500 enterprises,
government agencies, and higher education institutions. BoxesOS
provides many of the web-based applications organizations would
have to otherwise buy separately. Epazz's other products are
AgentPower™, a workforce management software and AutoHire™, an
applicant tracking system.
CMHCi offers server-based, Internet, and secure cloud computing
that allows you to access your information as you require.
SAFE HARBOR
"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 are not paid by
Epazz. Investors are encouraged to review Epazz's public filings on
SEC.gov, including its unaudited and audited financial statements,
its Registration Statement, Form 10-Ks, and Form 10-Qs, which
contain general business information about the Company's
operations, results of operations, and risks associated with the
Company and its operations. Epazz could be a good penny stock pick,
but please visit our website and do your research.
For more information, please contact: Epazz, Inc. Investor
Relations investors@epazz.net (312) 955-8161 www.epazz.com
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