CHICAGO, Feb. 03, 2016 (GLOBE NEWSWIRE) -- Epazz, Inc. (OTCPINK:EPAZ), a leading provider of cloud-based business software solutions, announced today that it has reported positive Net Income of $162,183, compared to negative Net Income of $223,126 for the three months ending September 30, 2015, an increase of $385,309 or 46% from the comparative period.
The company has been focusing on its marketing strategy in order to increase the number of new customers. The marketing team launched new websites for our DeskFlex, room scheduling software, www.deskflex.com, MSHealth, mental health software, www.mshealth.com, and Intellisys, scada software, www.intellisyssoftware.com. We have seen an increase in web traffic which is producing new leads.
“We have been experiencing substantial growth during 2015, and our newest acquisition, Strand, will provide new sources of revenue. We believe once Strand is fully integrated into K9 Kloud, 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 also 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
“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.
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.