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[budfoxfun]

$EPAZ Epazz, Inc. (OTC:EPAZ) said 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.

Epazz CEO Shaun Passley said, "This acquisition will be immediately accretive to our revenue and profit streams."

Epazz 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. Fore more, see www.epazz.com.