Epazz, Inc. (OTCQB: EPAZ), a leading provider of cloud based business software solutions, announced today that it has been working on a new product called "Human Power." Project Human Power is a new mobile power device. The product is not directly in line with Epazz's core business. Therefore, management believes it is a great opportunity to be the second Epazz spin-off. The company is using the Project Flex spin-off as a learning experience on how to spin-off companies. Project Human Power spin-off will occur after Project Flex.
Project Human Power is a project to develop a mobile power device, which allows I-Phone and other smart phone users to power up their product on the go without needing an outlet or a second battery.
"We believe Project Human Power represents a great opportunity to add value to our shareholders as well as provide an incentive for shareholders to stay with the company for the long term with the knowledge many more spin-offs will come in the future. Epazz's spin-offs will give our shareholders opportunities to receive more stock through stock dividends of spin-off companies," said Shaun Passley, CEO of Epazz, Inc.
About Epazz Inc.
Epazz Inc. is a leading cloud based software company that specializes in providing customized cloud applications to the corporate world, higher education institutions and the public sector. Epazz BoxesOS™v3.0 is the complete business web-based software package for small to mid-size businesses, Fortune 500 enterprises, government agencies and higher education institutions. BoxesOS provides many of the web-based applications organizations would have to otherwise buy separately. Epazz's other products are DeskFlex™, a room scheduling software and AutoHire™, an applicant tracking system.
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