SOURCE: Epazz, Inc.

April 26, 2011 09:00 ET

Epazz, Inc. Increases Revenues by 150% Year Over Year Despite Challenging Economic Times

CHICAGO, IL--(Marketwire - Apr 26, 2011) - Epazz, Inc. (OTCBB: EPAZ), a leading provider of office productivity workforce solutions, today announced its company's fiscal performance showing 150% growth in revenue during fiscal year 2010, which reflects a better performance than in the same period of 2009.

During the period under review, Epazz, Inc. was able to continue its aggressive growth strategy by allowing the company to use acquisitions to cross sell customers on Epazz's BoxesOS, DeskFlex, AutoHire, Intellisys and Agent Power software products.

For the year ended December 31, 2010, Epazz had $898,692 in revenue compared to $359,961 in revenue for the year ended December 31, 2009, an increase of $538,731, or 150% from the prior period. The increase in revenue is attributable to sales generated by Epazz which were deferred which are now being recognized in accordance with Epazz's revenue recognition policy. The increase is also attributable to sales generated by Epazz's subsidiary, IntellSys, Inc., which was acquired in September, 2010.

Epazz had net income of $79,558 for the year ended December 31, 2010 compared to a net loss of $54,680 for the year ended December 31, 2009, an increase of $134,238 from the prior period. The increase in net income was due to the deferred revenue recognized during 2010 and revenue received from the newly acquired subsidiary.

About Epazz, Inc.

Epazz Inc. is an enterprise-wide software company that specializes in providing customized web applications to the corporate world, higher education institutions and the public sector. Epazz BoxesOSv3.0 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 buy separately. Epazz's other products are AgentPower and AutoHire.

About Our Software Products

DeskFlex, Inc.'s proprietary room booking software supports the use of shared workspaces by multiple employees. Mobile workers are often absent from the office leaving their desks vacant. By establishing a pool of shared resources and a reservation system, companies can materially reduce real estate expenses by limiting the space needed for offices, desks, meeting rooms and even reserved parking spaces. DeskFlex creates an easy to navigate web site allowing employees to reserve workspace in advance and interacts with popular telephone systems to enable phone calls to be routed to the employee's temporary desk.

Intellisys, scada software, offers IPMC 2000, an integrated application that processes the monitoring, information and maintenance management of multiple systems. The software provides a cost effective tool for handling system management needs. IPMC provides integrated applications, allows for a single source of support, and eliminates data entry redundancy.

AutoHire Recruiting Software Overview

AutoHire recruiting software system offers a broad range of functionality that extends from providing multiple user-customizable career centers, to processes that manage job requisition creation, approval and distribution to various job boards and staffing agencies. It also provides online resume collection management, and screens and tracks candidates throughout the hiring process.

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"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.

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