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$EPAZ HUGE News - Epazz Reports Positive EBITDA of $26,613 for third quarter of 2014; Epazz Decreases its Operating Expenses by 32 percent

http://finance.yahoo.com/news/epazz-reports-positive-ebitda-26-134000166.html

CHICAGO, IL / ACCESSWIRE / January 7, 2015 / Epazz, Inc. (EPAZ), a leading provider of cloud-based business software solutions, announced today that it has reported positive EBITDA of $26,613, compared to negative EBITDA of $384,078 for the three months ending September 30, 2014, an increase of $410,691 or 106% from the comparative period. Also the company has reported a decrease in operating expenses for the three months ending September 30, 2014 of $192,566 or 32% from the comparative period.

The company has been making improvements in operations during 2014 which is starting to show the third quarter. The company has been consolidating services and operations of our subsidiaries into our Chicago operations allowing for cost savings. The company is then reinvesting our savings back into the company's operations allowing for additional long-term cost savings.

"We are increasing our revenues and decreasing our costs, thereby creating a positive EBIDTA. We believe we had a good year in 2014," says Shaun Passley, PhD, CEO of Epazz, Inc.