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Re: fast.money post# 327834

Friday, 10/24/2014 10:28:44 AM

Friday, October 24, 2014 10:28:44 AM

Post# of 353146
$EPAZD Uplisted to the OTCQB

Has Secured Financing to Acquire Medical Billing Software Company; Expects to Add Over $600,000 in Revenue Stream.

CHICAGO, IL / ACCESSWIRE / October 23, 2014 / Epazz Inc. (EPAZD), a leading provider of cloud-based business software solutions, announced today that the company has been uplisted to the OTCQB and has secured financing to acquire a medical billing software company. This new acquisition is expected to provide substantial growth to Epazz's revenue stream by generating over $600,000 increase in revenues in the first year.

The target company was founded in the 2000s, and has a long history of positive cash flow and profitability. The software has been upgraded to manage the new health-care regulations. Many hospitals and clinics need to update their systems to manage the new regulations.

"The healthcare industry is a major area we are focusing on for the next few years," says Shaun Passley, PhD, CEO of Epazz, Inc. "We see many acquisition opportunities and new product developments. Currently, Epazz software products are used in many of the major hospital and health-care clinics around the country. This acquisition will help us gain market share."
http://finance.yahoo.com/news/epazz-uplisted-otcqb-epazz-secured-123000967.html

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