**** EPAZ DD ****Contract/Funding News TODAY
Company Profile
Epazz, Inc. specializes in enterprise cloud business process software, metaverse solutions, blockchain mobile apps and drone technology solutions with over 500 repeat customers. Epazz acquired DeskFlex back in 2008. DeskFlex is a desk & room booking software. DeskFlex has been in business since 1997. DeskFlex is developing MetaVerse Virtual Office. DeskFlex has added social distance features and contact tracing technology to its desk & room booking system in order to assist organization in bringing back its employees to the office and new hybrid work enivornments. https://www.deskflex.com/DeskFlex-Safety-Operation-after-COVID-19-Pandemic Epazz technology makes it easy to convert legacy systems into cloud business process software, for which the company then charges an annual subscription fee. Epazz has acquired eleven software companies that have converted or are in the process of converting their legacy software products to cloud software using Epazz's technology. Epazz then markets the new cloud-based solutions to new and existing customers. Epazz spun off ZenaPay, Inc. 2018 New Bitcoin Mobile app is a financial technology company that offers a unique Bitcoin and Ethereum payment mobile app software, allowing consumers to acquire Bitcoin at the point-of-sale.
Websites
https://www.epazz.com/
https://www.zenadrone.com/
https://www.galaxybatteries.com/
https://www.deskflex.com/
Market Cap 3,143,780 07/11/2023
Authorized Shares 950,000,000 07/07/2023
Outstanding Shares 641,587,852 07/07/2023
Restricted 43,429,070 05/01/2023
Unrestricted 598,158,782 05/01/2023
Par Value 0.01
Ticker AVTK is a EPAZ Asset.
Epazz Holdings’ ZenaDrone Predictive Artificial Intelligence Secured Funding for the Initial Manufacturing and Deployment of 20 ZenaDrone 1000s for Service in IrelandPress Release | 07/12/2023
CHICAGO, IL, July 12, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Epazz Inc. (OTC Pink: EPAZ), a mission-critical provider of drone technologies, blockchain mobile apps and cloud-based business software solutions, announced today that ZenaDrone has secured asset-based funding for the initial manufacturing and deployment of 20 ZenaDrone 1000s for services in Ireland to establish Drone as a Service (DaaS) operations. The company estimates that each deployed drone can generate over $100,000 per year.
ZenaDrone will manage and service the 20 drones for any early adopters, which is expected to include Irish farmers, businesses, and government agencies. Irish farmers have a special use case, and their farms will have access to an advanced-precision agriculture drone for monitoring plant health and spraying weeds. Furthermore, the police force and fire departments will be able to quickly mobilize the drones as an integrated part of the first-responder system in times of emergencies.
According to Fortune Business Insights, “The global drone services market size was valued at USD 13.9 billion in 2022, and the market is projected to grow from USD 18.9 billion in 2023 to USD 189.4 billion by 2030, exhibiting a CAGR of 38.9% during the forecast period.”
In May, Ossian Smyth, minister of state at the Department of Public Expenditure, National Development Plan Delivery and Reform and at the Department of Environment, Climate and Communications, visited ZenaDrone’s offices in Dublin, Ireland. ZenaDrone’s Irish team has been lining up customers throughout Europe, and once the units start getting deployed, they will be an ongoing source of revenue in this region. ZenaDrone also expects to expand the DaaS into Germany.
“We are excited to be sending 20 drones to Ireland. We first visited Ireland in 2019, and we are pleased to be working with Irish farmers to upgrade their farms to the latest technologies. ZenaDrone 1000 is a green solution which will disrupt the agriculture industry by reducing labor and reducing greenhouse gases,” said Shaun Passley, Ph.D., CEO and director of Epazz Inc. and ZenaDrone Inc.
The ZenaDrone 1000 has a high-quality camera, allowing users to take stunning aerial photographs and videos that capture the world’s beauty from new heights. It also has autonomous flight capabilities, preventing it from crashing even in challenging weather conditions or with sudden obstacles. The drone’s multi-sensor system can measure height, depth and vegetation and establish a GPS location to track people, objects and animals in the frame of its camera with unprecedented accuracy and control.
About ZenaDrone Inc. (https://www.ZenaDrone.com/)
ZenaDrone is dedicated to improving intelligent, unmanned aerial vehicle technology and incorporating machine-learning software and AI. It was created to revolutionize the hemp-farming sector, later evolving into a smart multifunctional industrial surveillance, inspection and monitoring solution.
About Epazz Inc.
Epazz Inc. is a mission-critical provider of metaverse solutions, blockchain cryptocurrency, mobile apps and cloud-based software. It specializes in providing customized cloud applications to corporate firms, higher-education institutions and the public sector. Epazz develops metaverse business solutions that enable people to collaborate in real time through VR. Epazz is upgrading its business solutions to be fully integrated into the metaverse. Epazz will manufacture low-cost smart glasses for the metaverse.
Epazz Has Formed Galaxy Batteries Inc. to Hold Its Intellectual Properties for Battery Technologies
CHICAGO, May 23, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Epazz Inc. (OTC: EPAZ), a mission-critical provider of drone technology, blockchain mobile apps, and cloud-based business software solutions, announced today the company has formed Galaxy Batteries Inc. to house its intellectual properties for battery technology intellectual properties. Epazz has been working on special battery technologies for high-powered devices and aircrafts. Epazz is in the process of filing patents for its battery technology and believes, in the future, Galaxy Batteries could become an independent company.
Many of the projects Epazz is working on require the high-powered batteries needed to run highly specialized devices. The company recently launched galaxybatteries.com to use as its battery technology subsidiary.
CEO Shaun Passley, Ph.D., said, "When we first started the drone project back in 2019, we could not have foreseen all of the technologies we needed to create in order to meet our requirements. As the project has taken shape, new opportunities have risen. We're evaluating how best to monetize the varied technologies we have developed and how best to provide value to the company."
About ZenaDrone Inc. (https://www.zenadrone.com/)
ZenaDrone Inc. is dedicated to improving its intelligent unmanned aerial vehicle technology, which uses machine learning software and AI. ZenaDrone Inc. began with the goal of revolutionizing the hemp farming sector and later evolved into an intelligent and multifunctional industrial surveillance, inspection, and monitoring solution.
About Epazz Inc. (https://www.epazz.com/)
Epazz Inc. is a leading cloud-based software company that specializes in providing customized cloud applications to corporate companies, higher education institutions, and the public sector. Epazz BoxesOS(TM) v3.0 is a complete web-based software package for small and mid-sized businesses, Fortune 500 enterprises, government agencies, and higher education institutions. BoxesOS(TM) provides many of the web-based applications that organizations would otherwise need to purchase separately. Epazz's other products include DeskFlex(TM) (a room-scheduling software) and Provitrac(TM) (an applicant-tracking system).
Epazz Holdings: ZenaDrone Inc. 1000’s AI Prediction Has Gained Interest From Native American Tribes After the RES 2023 in Las Vegas Last MonthPress Release | 05/16/2023
CHICAGO, May 16, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Epazz Inc. (OTC: EPAZ), a mission-critical provider of drone technology, blockchain mobile apps and cloud-based business software solutions, announced today the ZenaDrone 1000 has gained the interest of Native American tribes after the RES 2023 held in Las Vegas last month. ZenaDrone Inc. attended the trade show to share how the ZenaDrone 1000 can provide services for search and rescue, firefighting, cargo delivery, and land surveys.
The company is currently scheduling demos for the U.S. Military, NATO partners, Irish farmers, the German police force, the German rail, and Native American tribes. ZenaDrone’s expanded facility will have the capacity to manufacture over 30 drones per month once the facility is fully in production. We will be shipping the production drones to customers around the world and hiring more staff to accommodate the increased demand.
CEO Shaun Passley, Ph.D., said, “We are excited to see the progress of the ZenaDrone 1000 sales pipeline as we move toward being a revenue-producing venture.”
Epazz is Filing a Series of Artificial Intelligence Patents for Its Drone Technology and Battery TechnologyPress Release | 05/09/2023
CHICAGO, IL, May 09, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Epazz Inc. (OTC: EPAZ), a mission-critical provider of drone technology, blockchain mobile apps, and cloud-based business software solutions, announced today that the company is in the process of filing a series of artificial intelligence (AI) patents for its drone technology. The company has already received two patents for its drone technology, and two other patents are under review with the US Patent Office. The company has also filed for international patents.
The company has developed a new process for increasing the flight time of its holdings, ZenaDrone 1000, which innovatively provide an opportunity to file for new patents. Furthermore, the process requires a custom battery management system that uses AI to monitor and analyze the fight characteristics of the ZenaDrone 1000.
ZenaDrone 1000 is a heavy lift drone requiring special configuration. Epazz uses AI to track current flights and analyze previous flights to understand how to improve the drone’s flight times.
CEO Shaun Passley, PhD, said, “We are pushing our drone technology to the next level with artificial intelligence, and we need to protect our intellectual property.”
The ZenaDrone 1000 team will use predictive AI analytics and predictive modeling — a type of analysis that employs methods and resources — to create predictive models and forecast future outcomes based on acquired data. Predictive analytics refers to a method rather than a specific technology, and it uses techniques including machine learning algorithms, sophisticated mathematics, statistical modeling, descriptive analytics, and data mining.
Epazz will prioritize upgrading the ZenaDrone 1000’s AI technology to increase its global reach across industries.
Epazz Develops Low-Cost Augmented Reality Glasses for On-Site Remote Assist Product; This Technology Will Also be Used for ZenaDrone 1000 Artificial Intelligence First-Person View (FPV)Press Release | 05/04/2023
CHICAGO, IL, May 04, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Epazz Inc. (OTC Pink: EPAZ), a mission-critical provider of metaverse solutions, drone technology, blockchain cryptocurrency mobile apps, and cloud-based business software solutions, announced today that the company has developed low-cost Augmented Reality Smart Glasses call Stacklens. Stacklens are durable and comfortable augmented reality glasses as well as smart glasses for its holdings in Tillerstack’s onsite remote-assisted product.
Stacklens will be under $400 per pair of glasses, while other competitors are selling their glasses for over $2,000 per pair. The company decided to develop its own glasses because it caused sticker shock for our customers and potential customers in Europe who wanted to use the technology and because the glasses sold by a third party cost too much. Now, with Stacklens, these organizations will be able to use innovation technology at a low cost, allowing the company to win more deals.
On-site remote-assisted glasses can be used by technicians in the field to fix complex machines, such as HVAC, industrial machines, and water and waste pipes. Additionally, we have seen interest in using the technology for aircraft maintenance. The company plans to continue to improve the technology for use with ZenaDrone 1000, a First-Person View Smart Glasses product with augmented reality technology.
The company has submitted a proposal to the armed forces to use the technology in the field. The company has received feedback from the United States military about using First Person View Smart Glasses with ZenaDrone 1000.
Epazz Founder, Director, and CEO Dr. Shaun Passley commented, “Stacklens are a game changer in the service industry, especially in field services companies allowing access to affordable smart augmented reality glasses.”
Epazz Holdings’ ZenaDrone 1000 Displayed at the 2023 AERO in Germany Leads to Multiple Demonstrations With NATO Partner Countries Defense and German Law Enforcement and Rail LinePress Release | 04/26/2023
CHICAGO, IL, April 26, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Epazz Inc. (OTC Pink: EPAZ), a mission-critical provider of drone technology, blockchain mobile apps and cloud-based business software solutions, has announced today that the ZenaDrone 1000 was showcased at the AERO General Aviation Convention in Friedrichshafen, Germany, on April 19-22nd. This showcase has led to multiple demonstrations scheduled with NATO partner countries, multiple law enforcement departments, and a large rail line in Germany.
The team at ZenaDrone Germany had a successful debut at Aero, meeting with top organizations to discuss how ZenaDrone 1000 technology can solve their problems with inspections of railways, reducing the use of helicopters and providing critical support to NATO troops. ZenaDrone met with German UAV regulators about setting up beyond-visual-line-of-sight operations in Germany. ZenaDrone is already ahead of the game by applying beyond-visual-line-of-sight operations in Ireland, which uses the standards of the European Union via the European Union Aviation Safety Agency. Once ZenaDrone receives final approval for beyond-visual-line-of-sight operations in Ireland, ZenaDrone will receive approval in Germany within 10 business days. In the meantime, flight demonstrations will be held in Northern Germany to allow personnel to fly the drone themselves and understand how it fits within their operations.
“The ZenaDrone 1000 is a real game-changer in unmanned aerial vehicles. It attracted a sizable crowd during the AERO Convention. We are optimistic for an expanded reach in the EU region,” said Shaun Passley, Ph.D., CEO and director of Epazz Inc. and ZenaDrone Inc.
Epazz is Developing a New Method of Transporting Lifesaving Blood for Military Troops in the Field Using ZenaDrone 1000, Which Will be Tested With the US Air Force OverseasPress Release | 04/24/2023
CHICAGO, April 24, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Epazz Inc. (OTC: EPAZ), a mission-critical provider of drone technology, blockchain mobile apps and cloud-based business software solutions, announced today that the company is developing a new container to provide data for the military to transport blood to troops in the field. The container will ensure the blood is safely transported and will transmit all information regarding how the blood was used.
ZenaDrone has been invited to work with the U.S. Air Force at an overseas base to test the ZenaDrone 1000 platform under battlefield conditions. In addition, the U.S. Marine Corps is interested in using ZenaDrone 1000 in its real-life situations.
CEO Shaun Passley, Ph.D., said, “Things are taking shape fast; we are producing more drones to keep up with the pilot program’s demands for contracts we are entering into with new customers. In addition to the U.S. military, we have interest from the oil and gas sectors and the rechargeable energy sector. We will be sharing the progress being made with these industries in the very near future.”
Epazz Holdings: ZenaDrone Inc. Increasing Production of ZenaDrone 1000 for Signed Pilot CustomersPress Release | 04/11/2023
CHICAGO, IL, April 11, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Epazz Inc. (OTC: EPAZ), a mission-critical provider of drone technology, blockchain mobile apps and cloud-based business software solutions, announced today that ZenaDrone Inc. is expanding its facilities in Dubai, UAE, to increase production of ZenaDrone 1000. The expansion of ZenaDrone 1000 is necessary to fulfill obligations under several pilot program agreements in which a customer can use ZenaDrone 1000 for an extended period of time. In addition, ZenaDrone has several demonstrations of its drone scheduled that require the need for its drones in multiple countries.
In 2022 ZenaDrone produced 10 ZenaDrone 1000. This year’s goal is to produce over 20 drones per month, with the capacity to produce 40 in the same facility.
CEO Shaun Passley, Ph.D., said, “We are encouraged by the level of interest we have received and based on the pilot program agreements and the number of scheduled demonstrations that it is time to expand to double the size of our production facility.”
ZenaDrone received a letter of support from the U.S. Air Force to use ZenaDrone 1000 for drone cargo delivery, which includes blood transport. ZenaDrone is invited to work with the U.S. Air Force at an overseas base to test the ZenaDrone 1000 platform under battlefield conditions. ZenaDrone will be assigned a team from the base to conduct the test.
Over the past couple of months ZenaDrone 1000 has been presented and showcased in front of the U.S. Military. As a result the company has been getting traction from the U.S. Airforce and U.S. Army. It is measured on a scale of 1 to 9, with 9 being the most mature technology.
ZenaDrone is now qualified to submit a Phase II SBIR grant for external funding of this cargo delivery solution. Phase II SBIR grants are generally up to $1.2 million for a two-year period and are a non-dilutive source of funding. This will be the second direct-to-Phase II project for ZenaDrone 1000.
Epazz Holdings: ZenaDrone, Inc. 1000 AI Predictive Received a Letter of Support from the US Air Force for Drone Cargo Delivery and Intent to Use ZenaDrone 1000 Platform
Press Release | 03/28/2023
CHICAGO, IL, March 28, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Epazz Inc. (OTC: EPAZ), a mission-critical provider of drone technology, blockchain mobile apps and cloud-based business software solutions, announced today that ZenaDrone, Inc. received a letter of support from U.S. Air Force to use ZenaDrone 1000 for drone cargo delivery, which includes blood transport. ZenaDrone is invited to work with the U.S. Air Force at an overseas base to test the ZenaDrone 1000 platform under battlefield conditions. ZenaDrone will be assigned a team from the base to conduct the test.
Over the past couple of months, ZenaDrone 1000 has been presented and showcased in front of the U.S. military. The company has been getting traction from the U.S. Air Force and U.S. Army. This test will be the first time ZenaDrone will be actively used in a military environment. Additionally, the test allows ZenaDrone to move to Technology Readiness Level 7 (TRL). “Technology readiness levels (TRLs) are methods for estimating the maturity of technologies during the acquisition phase of a program. TLR’s are measured on a scale of 1 to 9 with 9 being the most mature technology.”
ZenaDrone is now qualified to submit a Phase II SBIR grant for external funding of this cargo delivery solution. Phase II SBIR grants are generally up to $1.2 million for a two-year period and a nondilutive source of funding. This will be the second direct to Phase II project for ZenaDrone 1000.
CEO Shaun Passley, Ph.D., said, “We are excited to see ZenaDrone 1000 the subject of so much attention in multiple military branches. The Air Force clearly sees value in this platform and is pushing the envelope of new testing to find out the extent of its capabilities. We are anxious to receive critical feedback from the Air Force as we transition to mass production operations. We are currently in the process of evaluating a number of suitable sites while balancing the potential commercial uses. We also hope shareholders see how we are trying to move the technology forward through the use of nondilutive funding sources.”
About ZenaDrone 1000
The ZenaDrone 1000 is a totally autonomous drone, surveillance, inspection and monitoring solution. The drone comprises innovative software technology, along with compact and rugged hardware that was engineered for industrial uses in military, construction, agriculture, surveillance, search and rescue and customizable applications. This multifunctional unmanned aerial vehicle has garnered positive reviews from several industries, especially the military, agriculture, oil and gas, wildfire management and civil engineering industries. It is also equipped with machine learning systems, multispectral sensors and AI technology. ZenaDrone uses the data captured from its cameras to create a 3D interactive environment.
In the coming year, the goal of ZenaDrone is the enhancement of its AI capabilities, which include autonomous navigation of unmapped terrains, deep learning algorithms for various actions and dual-use features to accommodate commercial and military drone applications.
About ZenaDrone Inc. (https://www.zenadrone.com/)
ZenaDrone Inc. is dedicated to improving its intelligent unmanned aerial vehicle technology that incorporates machine learning software and AI. It was created to revolutionize the hemp farming sector and later evolved into an intelligent multifunctional industrial surveillance, inspection and monitoring solution.
The ZenaDrone team will use predictive AI analytics or predictive modeling — a type of analysis that employs methods and resources — to create predictive models and forecast future outcomes based on acquired data. Predictive analytics refers to a method rather than a specific technology. Techniques used in predictive analytics include machine learning algorithms, sophisticated mathematics, statistical modeling, descriptive analytics and data mining.
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