Epazz Inc. (EPAZ) is an enterprise-wide software company specializing in providing customized Web applications to the corporate world, higher education institutions, and the public sector.
Epazz’ unique BoxesOS applications can create virtual communities for enhanced communication, provide information and content for decision-making, and create a secure marketplace for any type of commerce all through the medium of the Internet.
Epazz was founded by Shaun Passley in February 1999 who saw the need and benefits of integrated Web-based applications for the increasing demand of relevant and timely information for personal and business management. Today his vision has expanded to include the business world and the public sector as well as higher education institutions.
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- Acquiring Synergistic, Strong Revenue Companies
Steady Growth through Acquisition
Diversified Streams of Income
Achieved Growth of +300% in Last 3 Years
Organic Growth of Subsidiaries
Increasing Asset Value
Multiple Financing Opportunities
Fully Reporting with SEC
Strong and Optimized Growth Strategy
Solutions & Services
Epazz BoxesOS is an enterprise software for the higher education institutions, companies, enterprises, non-profit organizations, and the public sector. It is designed to maximize communication and functionality for key stakeholders providing one-stop access, secure, Internet-enabled integration to administrative operating systems.
Communication among stakeholders can be immediately enhanced and administrative utility improved irrespective of whether they are on legacy platforms or recent ERP implementations (such as SAP, JD Edwards, Oracle, Peoplesoft, Datatel, SCT Banner, and BaaN).
Immediate user group utility followed by secure, administrative functionality, can cut over to new administrative platforms. BoxesOS allows the organization to start-up by implementing elegant web-enabled information dashboards for each stakeholder group. Functionality with administrative systems can be swiftly completed using connectors to legacy administrative platforms. Administrative operating systems that require upgrading, can be upgraded on a prioritized basis as desired, and easily linked to BoxesOS and its personal information system.
Epazz provides all of the services needed to ensure that BoxesOS installation is a success. This includes assistance integrating all back-end systems and the development of custom applications to make sure each business is fully Web enabled.
Website Content Management
- Learning System Management
Recruiting Assessment Management
Prospect Client Management
Enterprise Email Solution
BoxesOS Administrative Services
- Managed Hosting
Pathways Integration Management
Virtual Private Server
Virtual Private Network
- Feature Management
Active Directory Integration
Software Market Opportunity
The global software market grew 4.7% in the first half of 2012 to $167 billion, with the customer relationship management (CRM), virtualization, and collaboration segments achieving the fastest growth, according to analyst firm IDC.
Software Industry forecasts in the U.S. range between $100 billion - $400 billion. Gartner projects that software-as-a-service (SaaS) will reach $14.5 billion in 2012.
Web-based apps and networks are also rapidly growing in popularity and application. These solutions help accelerate company growth and provide new ways to make hardware useful and accessible to consumers.
For the first quarter ended March 31, 2013, Epazz reported revenue of $208,010 compared to revenue of $114,477 for the same three months of 2012, representing an increase 82%. The company attributes the strength primarily to the sales generated by its K9 Bytes pet care management software subsidiary, which was acquired October 26, 2011.
Epazz’ business strategy to acquire other software companies has also resulted in the growth of company assets, which important qualification to be listed on a stock exchange.
For full-year 2012, the company reported revenue of $1.1 million compared to revenue of $735,972 for the year ended December 31, 2011, an increase of 62%. The increase in revenues is mainly attributable to the sales generated by the company’s newly acquired subsidiaries.
For the year ended December 31, 2012, Epazz had assets of $1.3 million compared to assets of $1.0 million for the year ended December 31, 2011, an increase of 33%. Through acquisitions, Epazz management expects a similar or greater rate of growth through 2013 and beyond.
Epazz also grew its client base in 2012 by 300% and expects those numbers to continue to climb and that with the pending acquisitions expects revenues to double in 2013.
K9 Bytes, pet care management software, was founded in 1988 with the first version of the K9 Koordinator management system for DOS. The K9 Koordinator was one of the first software tools designed specifically for the pet care industry in the world. Today, K9 Bytes® offers a variety of products for the pet care industry, including complete software management systems for boarding kennels, grooming shops, doggy daycare centers, dog walking, and pet sitting services.
K9 Bytes® employs experienced software developers and pet care specialists coming from different academic backgrounds and having a broad set of skills and solid experience. Each member is constantly working hard to design, create, and support the next generation of software for the pet care industry.
CMHCi by MS Health Software offers server based, Internet and secure cloud computing allowing access to information as is necessary.
CMHCi MS Health social services software maintains a complete electronic client record, including data collection and reporting across multiple programs, locations, episodes of care, and service providers, helping eliminate redundant record keeping. The scheduler tracks client, staff, and group appointments. Easy to use, it interfaces seamlessly with service authorization tracking, service history, and billing. Integrated financial reporting provides the basis for an efficient and comprehensive accounting system, including electronic claims and remittance, third-party insurance, and client, municipality and grantor billing.
Growth Initiative Via Patent Pending Technology
"Project Flex" Patent Pending Cooling Technology
Project Flex is a new technology that will change the way cooling technology is used. Project Flex has received a patent pending status. Because Project Flex is not in line with Epazz's core business, the company believes it is a great opportunity to be the first Epazz spin off that will result in:
- $0.01 dividend to shareholders
Build value in Epazz as well as Project Flex
The effective date of the spinoff has not yet been announced.
Project “Human Power” Mobile Device
Epazz has been working on a new mobile power device called "Human Power," which allows I-Phone and other smart phone users to power up their product on the go without needing an outlet or a second battery. The product is not directly in line with Epazz's core business, therefore, management believes it is a great opportunity to be the second Epazz spin-off. Project Human Power spin-off will occur after Project Flex.
Shaun Passley is Epazz' chairman and CEO, a role in which he responsible for Epazz software and product development, overall design and research and development of future products and services. Passley has a Bachelor of Science in finance and a Master of Science in Information Technology from DePaul University, an MBA from Benedictine University, and a Master of Science in product development from Northwestern University. Epazz is Passley's second entrepreneurial endeavor. The company’s CEO has the creativity and entrepreneurial spirit necessary to identify a market opportunity and launch a successful new venture.
Raymond Kennedy is the director of Sales. He has a MBA from Wayne State University, Detroit, Michigan. Ray has 20 years of experience in enterprise software sales, and was formerly the marketing director for HCM, Inc., where he established six new sales territories and increase sales by more than 30%. Kennedy is responsible for Epazz’ national sales channels.