CHICAGO, Nov. 17, 2015 (GLOBE NEWSWIRE) -- Epazz, Inc. (OTCQB:EPAZ), a leading provider of cloud-based business software solutions, announced today that it has reported revenue of $998,198, compared to revenue of $327,525 for the three months ending June 30, 2015, an increase of $670,673 or 204% from the comparative period.
Intellisys has assisted in the increase in revenue during the 2st quarter. Epazz believes increase levels of software development into the acquisitions and cross-selling to existing customers can greatly improve revenue for 2015. Epazz plans to integrate Strantin Live Video software into our Intellisys subsidiary to allow water and waste facilites to provide live broadcast of their pipes to their operations.
“We have been experiencing substantial growth during 2015, our acquisition of Intellisys will provide new sources of revenue. We believe once Strantin Live Video software is fully integrated into Intellisys SystemView scada software we will have a new source of revenue from monthly recurring access to the live video stream. The key to our acquisition strategy is not only maintaining and growing the target company revenue, but using our existing product portfolio to create new products,” 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 midsized 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” 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 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 obligation, 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 for by Epazz.
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