SOURCE: Epazz, Inc

epazz

April 01, 2015 10:58 ET

Epazz to Issue a Series of Stock Dividends to Spin-Off Terran Power, Inc. and Professional Resource Management, Inc.

FlexFridge, Inc. Stock Dividend Update

CHICAGO, IL--(Marketwired - April 01, 2015) - Epazz, Inc. (OTCQB: EPAZ), a leading provider of cloud based business software solutions, announced today that the Company will be issuing a series of stock dividends in order to spin off Terran Power, Inc. and Professional Resource Management, Inc. The Company had already spun off FlexFridge, Inc., flexible mini-fridge. FlexFridge, Inc. filed a Form 10 in February 2, 2015. The Form 10 will be effective in the first week of April. The company is working with a market maker to file the necessary paperwork to get a ticker symbol and begin trading.

"There will be many opportunities in the near future for shareholders to receive stock dividends as some of the research and development projects are ready to begin operations," stated Shaun Passley, Ph.D., CEO of Epazz, Inc.

Epazz spokesperson, Michael Manahan, explains the acquisitions and spin off business model on MoneyTV. To access the interview, visit: https://www.youtube.com/watch?v=-8Vz6a16ULM.

About Epazz Inc. (www.epazz.com)

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

"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 researched. Do your homework. Please review all of our filings.

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