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Monday, 08/03/2015 12:41:00 PM

Monday, August 03, 2015 12:41:00 PM

Post# of 14878
EPAZ ~ CHICAGO, IL--(Marketwired - July 29, 2015) - Epazz, Inc. (EPAZ), a leading provider of cloud-based business software solutions, announced today that it has reported revenue of $1,560,252 for the year ending December 31, 2014, compared to revenue of $750,139 for the previous year, an increase of $810,113 (or 108 percent).

K9 Bytes has assisted in boosting revenue during the fourth quarter. Epazz believes that increasing levels of software development into acquisitions and cross-selling it to existing customers can greatly improve revenue for 2015. Epazz plans to integrate Strand Live Video software into its K9 Bytes subsidiary to allow kennels to provide a live broadcast of their facilities to customers.

“We have been experiencing substantial growth during 2014, and our newest acquisition, Strand, will provide new sources of revenue. We believe once Strand is fully integrated into K9 Kloud, we will have a new source of revenue from monthly recurring access to the live video stream. The key to our acquisition strategy is not only maintaining and growing the target company revenue, but also using our existing product portfolio to create new products,” says Shaun Passley, PhD, CEO of Epazz, Inc.

http://finance.yahoo.com/news/epazz-reports-108-percent-increase-130000755.html
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