Mar. 31, 2012 Dec. 31, 2011 Convertible debt, unamortized discounts $ 0 $ 14,978 Series A [Member]
Common stock, par value per share $ 0.01 $ 0.01 Common stock, shares authorized 60,000,000 60,000,000 Common stock, shares issued 31,975,550 30,900,281 Common stock, shares outstanding 31,975,550 30,900,281 Series B [Member]
Common stock, par value per share $ 0.01 $ 0.01 Common stock, shares authorized 60,000,000 60,000,000 Common stock, shares issued 2,500,000 2,500,000 Common stock, shares outstanding 2,500,000 2,500,000
CHICAGO, IL -- (Marketwire) -- 07/11/12 -- Epazz, Inc. (OTCBB: EPAZ), a leading provider of cloud-based business software solutions, announced that it has acquired K9 Bytes Software, a Florida-based company. K9 Bytes specializes in innovative technology solutions for the pet care industry. K9 Bytes is the leading developer of kennel software solutions for the pet care industry. It also focuses on core application areas related to pet care: pet boarding, daycare, grooming, training, and other pet care services (including dog walking and pet sitting). Products can be used for most animal types such as dogs, cats, horses, birds, rodents, snakes, pigs, etc. K9 Bytes unaudited revenue for 2010 was over $400,000.
"We are excited that K9 Bytes has joined the Epazz family of software products. We are currently combining K9 Bytes into BoxesOS, our flagship cloud solution, to immediately provide K9 Bytes customers with cloud platform. Once this is complete, 'our per customer' revenue is expected to increase due to the enhanced function of BoxesOS," says Shaun Passley, CEO of Epazz Inc.
K9 Bytes® has been developing innovative technology solutions for the pet care industry for over 20 years.
K9 Bytes® was founded in 1988 with the first version of the K9 Koordinator management system for DOS. The K9 Koordinator was one of the first software tools designed specifically for the pet care industry in the world. Today, K9 Bytes® offers a variety of products for the pet care industry, including complete software management systems for boarding kennels, grooming shops, doggy daycare centers, dog walking, and pet sitting services. K9 Bytes® employs experienced software developers and pet care specialists coming from different academic backgrounds and having a broad set of skills and solid experience. Each member is constantly working hard to design, create, and support the next generation of software for the pet care industry.
Epazz, Inc., the New Owner of K9 Bytes Software and a Specialist in Cloud Based Software Solutions
Epazz Inc. specializes in cloud based business software solutions that provide excellence in web-based applications for government, higher education, and the private sector. With already held subsidiaries such as DeskFlex, Inc., Professional Resources Management, Inc., Intellisys Inc., and Autohire, Epazz will now be able to offer comprehensive businesses cloud software solutions and services to companies of every size.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995:
Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the use of forward-looking statements such as "may," "expect," "intend," "estimate," "anticipate," "believe," or "continue" (or the negative thereof) or similar terminology. Such forward-looking statements are subject to risk, uncertainties and other factors that could cause actual results to differ materially from future results or implied by such forward-looking statements. Investors are cautioned that any forward-looking statements are not guarantees of future performance and that actual result may differ materially from those contemplated by such forward-looking statements. Epazz assumes no obligation and does not intend to update these forward-looking statements and takes no obligation to update or correct information prepared by third parties that is not paid for by Epazz. Investors are encouraged to review Epazz's public filings on SEC.gov, including its unaudited and audited financial statements, and its Registration Statement, Form 10-K's and Form 10-Q's, which contain general business information about the Company's operations, results of operations and risks associated with the Company and its operations. Epazz could be a good penny stock pick, but please visit our website and do your research.
For more information please contact:
Epazz, Inc. Investor Relations investors@epazz.net (312) 955-8161
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