$EPAZ Epazz Expects to Add Over $300,000 to Revenue Stream
10-Q for Second Quarter Is in the Process of Being Finalized; Company Expects $300,000 in Revenue in the First Year
CHICAGO, IL, Sep 26, 2014 (Marketwired via COMTEX) -- Epazz, Inc. (OTC Pink: EPAZ) (PINKSHEETS: EPAZ), a leading provider of cloud-based business software solutions, announced that it has signed a purchase agreement to acquire a surveillance software company used by US colleges and universities. This new acquisition is expected to increase Epazz's revenue stream by generating $300,000 in recurring revenues during the first year. Epazz expects to complete the acquisition in the second quarter.
The surveillance software company was founded in the 2000s and has a long history of profitability. The company's software product is considered to be truly unique. Few companies in the market offer such an all-encompassing software suite within their target market, making this move quite strategic for Epazz's projected growth.
