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SOURCE Epazz, Inc.
Client and Renewal Rates Expected to Continue Growth as Same Torrid Pace through 2013 and Beyond
CHICAGO, March 11, 2013 /PRNewswire/ -- Epazz, Inc. (OTCQB: EPAZ), a leading provider of cloud based business software solutions is pleased to announce that in 2012 it saw their client base grow by over 300%. Company management expects those numbers to continue to grow as there renewal rates are very high by market standards and is reaching new customers each month. Epazz recently announced that they are expecting to reach new revenue highs in 2013 and is planning a spin-off for Project Flex project.
Additionally, Epazz management continues negotiations with several acquisition targets that are B2B businesses that would immediately boost the Company's bottom line. The aggressive growth model includes organic growth through renewal rates, adding new clients such as the Company has done in 2012, adding new acquisitions as well as creation of Project Flex which will be spun out and a dividend paid to shareholders.
Shaun Passley, CEO of Epazz, Inc. said, "We are expecting 2013 to be a big year for our Company on all fronts as well as reward our shareholders with a dividend. Acquisitions will continue as well as organic growth of the existing businesses. Success does not come easily in this economy and successes are only realized through a multifaceted approach to growth."
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-size 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" 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 is 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-K's and Form 10-Q's, 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 research. Do your homework. Please review all of our filings.
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