SOURCE: Epazz, Inc.

October 12, 2010 10:00 ET

Epazz Completes Acquisition of AutoHire With a 98% Renewal Rate

Epazz Becomes a Leader in Applicant Tracking System

CHICAGO, IL--(Marketwire - October 12, 2010) -  Epazz, Inc., (OTCBB: EPAZ) announced today that it has acquired AutoHire Software, a Florida based company owned by Igenti, Inc. AutoHire is a leader in automated, web-based, applicant tracking system development for Human Resources functions. The agreement includes a provision which guarantees Epazz, Inc. recurring revenue of $173,700 during the first year of ownership. Due to 98% of customers renewing their contracts; the recurring revenue will be over $190,000.

AutoHire is a Leader in Human Resource Software Solutions and has been in operation since 2002. AutoHire has worked with companies large and small on managing recruiting and hiring. Their client list includes organizations such as Fortune 500 companies, government agencies and recruiting firms. A partial customer list can be seen at www.autohiresoftware.com. The AutoHire software package is a complete Human Resources suite with a variety of options and features. Notable features include an end-user customizable career center, which give customers the opportunity to collect resumes online and quickly keep records that are in line with EEOC requirements for Title VII companies that have fifteen employees or more. AutoHire also features interactive and online screening and ranking tools, which makes it easy for Human Resource Directors to sort and identify the best candidates for a particular position. In addition, users of the AutoHire software have the ability to ask questions in the postings that are not usually reflected in a resume within a multiple-choice or narrative format. Questioning ability, increased information, and screening and ranking tools, decrease the cost of recruiting and increase the quality of potential workers. Hiring managers can spend more time evaluating good hires rather than spending time moving paper.

A broad array of job templates allows companies to present a consistent offering as they look for new hires. Resume Management and Candidate Tracking allow users to have access to status checklists and to easily generate letters or emails required in the hiring process. Search capabilities include a multi-option filter for resumes on a basic or advanced level. Reporting is 100% user-definable with the option to export all reports to Microsoft Excel for ease of use. Background checks are another option of the AutoHire software.

System security is also a major feature of the AutoHire software package. With a complete, hardware based firewall, and broad virus protection, clients can be assured that they, and only they, can access their critical information. For security, the access rights to AutoHire's data warehouse and analytics are limited by the group they are assigned to.

Because AutoHire is web-based, it is an affordable solution for companies looking for comprehensive Human Resources management software.

Epazz, Inc.'s CEO, Shaun Passley, noted, "We are adding new customers, growing our revenue and decreasing our cost. We have many more deals in the pipeline that we believe can now be completed." Epazz adds AutoHire to its growing product line. Other acquisition have provided many opportunities to cross sell customers on Epazz BoxesOS document management software, DeskFlex room reservation software and AgentPower workforce management software.

Epazz, Inc., the New Owner of AutoHire and a Specialist in Enterprise-Wide Software Solutions

Epazz, Inc., specializes in enterprise-wide 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., and Professional Resources Management, Epazz will now be able to offer comprehensive Human Resources 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.

Contact Information

  • For more information please contact:
    Epazz, Inc.
    Investor Relations
    investors@epazz.net
    (312) 955-8161