Epazz Decreases Operating Expenses by 32 Percent While
Increasing Revenues by 130 Percent
Chicago, IL - Epazz, Inc. (OTCQB:
EPAZ), a leading provider of cloud-based business software
solutions, announced a decrease in operating expenses for the three
months ending September 30, 2014 of $192,566, or 32% from the
comparative period. At the same time, Epazz has increased revenues
by 130 percent or $361,150 compared to $156,750 in revenues for the
three months ending September 30, 2014.
The company has been making improvements in operations
throughout 2014, and these effects are starting to appear in the
third quarter. The company has been consolidating services and
operations of its subsidiaries in its Chicago operations, allowing
for huge cost savings. The company has then been reinvesting its
savings back into operations, allowing for additional long-term
cost savings.
“We are increasing our revenues and decreasing our costs. We
believe we can finish the year strong,” says Shaun Passley, PhD,
CEO of Epazz, Inc.
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
sector. Epazz BoxesOS™ v3.0 is the complete web-based business
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;
AutoHire™, an applicant tracking system; and Cynergy,
help desk software.
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 terms 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
the 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 assumes no obligations, does not intend to update
these forward-looking statements, and has no obligation to update
or correct information prepared by third parties that are 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-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. Penny stock picks need to be researched. Do your
homework. Please review all of our filings.
For more information please contact:
Epazz Inc.
Investor Relations
investors@epazz.net
(312) 955-8161
www.epazz.com/investors.aspx