Epazz Inc. Planned Spin-Off "Project Flex" Patent Pending Technology
CHICAGO, IL - Epazz Inc., (OTCBB: EPAZ) a leading provider of cloud based business software solutions, announced today that it has been working on a new product code named "Project Flex." Project Flex is a new technology that will change the way cooling technology is used. Project Flex has received a patent pending status. Project Flex is a product which is not in line with Epazz's core business. Therefore, we believe it is a great opportunity to be the first Epazz spin off.
"We received good feedback from potential Project Flex users. We believe it is a great opportunity to add value to our shareholders. Also Project Flex provides an incentive for shareholders to stay with the company for the long term with the knowledge that 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.
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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 AgentPower™, a workforce management software and AutoHire™, an applicant tracking system.
"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 results 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. Penny stock picks need to be research. Do your homework. Please review all of our filings.
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SOURCE: Epazz, Inc.