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$EPAZ Epazz Launches $1 Million Revenue Share Crowdfunding Campaign With the Goal of Attracting Angel Investing Online to Its Investment Opportunities

http://finance.yahoo.com/news/epazz-launches-1-million-revenue-121500858.html

CHICAGO, Sept. 17, 2015 (GLOBE NEWSWIRE) -- Epazz, Inc. (EPAZ), a leading provider of cloud-based business software solutions, is pleased to announce that the company has launched a $1 million Revenue Share Crowdfunding Campaign on http://www.revenuesharecrowdfunding.com to attract angel investing online to its investment opportunities.

Parties interested in the offering can register at revenueharecrowdfunding.com

The offering will be made under Regulation 506 (c) under the Securities Act of 1933, as amended, or the Securities Act, which allows for general solicitation to attract investors to the offering. Regulation 506 (c) permits unlimited accredited investors to take part in the funding round. The company will file a Form D with the Securities and Exchange Commission, or SEC, within 15 days of the first sale under the offering.

The company plans to use the funds to increase our sales and marketing workforce. Epazz, Inc. needs to hire additional sales and marketing personnel to promote our successes in implementing our cloud-based solutions for new government and business customers. In addition, the company plans to use the funds to hire more developers to enhance our cloud software applications.

Under the offering, the company will seek to raise up to $1,000,000 through the sale of Revenue Sharing Agreements, or RSA's, which will be unsecured general obligations of the company.

The RSA's will be offered and sold only to persons who are accredited investors as defined in Rule 501(a) of Regulation D and who meet certain other qualifications.

The securities offered in the offering will not be and have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. Additional details of the offering are available for viewing by SEC-accredited investors at http://www.revenuesharecrowdfunding.com

Epazz, Inc.'s CEO, Shaun Passley, Ph.D., said, "We have already received interest from investors who wish to be part of the funding round. It is a good start, [and] we believe once the campaign is launched that we have a good opportunity to raise the funds we need to in order to explore of all of the business opportunities coming our way."

(Read the PR for PROPOSED TERMS FOR THE PRIVATE PLACEMENT OF REVENUE SHARING AGREEMENTS OF Epazz, Inc.)