Epazz expects to add over $400,000 to its revenue stream with
the two acquisitions.
Chicago, IL - November 18, 2014 - InvestorsHub NewsWire
- Epazz, Inc. (OTCQB:
EPAZ), a leading provider of cloud-based business software
solutions, anticipates that the Cynergy and Strand acquisitions
will create new revenue streams. Epazz is developing new products
from the combination of BoxesOS, Cynergy, and Strand. BoxesOS
provides a common cloud platform for other software products to
integrate into; once the integration has been completed, Cynergy
service desk software will be available to Strand’s customers.
Strand’s customers will be able to use their Strand surveillance
software to alert students of any security alerts through Cynergy
service desk software, and Cynergy will be able to assign personnel
based on the alerts generated through Strand. The company expects
to have a new product available for beta testing early in 2015. The
company expects the two acquisitions to generate over $400,000 in
revenue during the first year.
Epazz’s CEO Shaun Passley, PhD, notes, “The vision of Epazz is a
single platform to access business applications. The combination of
Cynergy and Strand integrated into BoxesOS provides the integration
needed to develop new products and services, thus generating new
revenue streams. These acquisitions will be immediately accretive
to our revenue and profit streams. It will provide a solid customer
base and open up many opportunities to cross-sell customers on
Epazz’s BoxesOS.”
About Strand and Cynergy
Strand’s surveillance management system is a “lean client,”
which designates the server for a majority of the data processing.
This setup ensures stability in the surveillance system, and it
allows users to control their systems from any location in the
world without having to download client software.
Strand, Inc., was founded in the 2000s and has a long history of
profitability. The company’s software product is considered to be
truly unique. Few companies offer such an all-encompassing software
suite within their target market, making this move quite strategic
for Epazz’s projected growth.
Cynergy help desk software has been used for internal employee
support in HR departments, accounting departments, and management
systems of Fortune 500 companies. Our design and development team
has solid years of experience with other help desk products such as
HEAT help desk service and support, Remedy, Saleslogix, Goldmine,
and Microsoft CRM. This experience has uniquely qualified the team
in help desk management and CRM consulting and enabled us to design
and build the perfect web-based customer relationship management
system that delivers.
About Epazz, Inc. (www.epazz.com)
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
sector. Epazz BoxesOS™v3.0 is the complete business web-based
software package for small- to mid-sized 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.
SAFE HARBOR
“Safe harbor” statements are protected 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 terms such as “may,” “expect,” “intend,” “estimate,”
“anticipate,” “believe,” “continue,” or the negatives 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 from results
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, Inc.,
assumes no obligation, 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, Inc. Investors are encouraged to review Epazz’s public
filings on SEC.gov, including its unaudited and audited financial
statements, registration statement, and Form 10-Ks and Form 10-Qs,
which contain general business information about the company’s
operations as well as results of operations and risks associated
with the company and its operations.
For more information, please contact:
Investor Relations
investors@epazz.net
(312) 955-8161
www.epazz.com