SOURCE: Epazz, Inc

epazz

September 11, 2015 08:15 ET

Epazz Revenue-Based Crowdfunding Campaign Will Be Under Reg 506(c) and Is Non-Dilutive to Shareholders

CHICAGO, IL--(Marketwired - September 11, 2015) - Epazz, Inc. (OTCQB: EPAZ), a leading provider of cloud-based business software solutions, is pleased to announce that the company will be launching a revenue-based crowdfunding campaign under Reg 506 (c), using our own platform. The crowdfunding campaign is intended to increase our sales, marketing and development personnel. Epazz, Inc. is gearing up to launch the campaign on our own funding platform during the month of September. We have already heard from investors interested in backing the campaign. Revenue-based offerings are non-dilutive to our shareholders.

Parties interested in the offering may send an e-mail to crowdfunding@epazz.net. Once the campaign is launched, we will send you an invitation.

The campaign will be under Reg 506 (c), which allows for general solicitation to attract investors to the offering. Reg 506 (c) permits unlimited accredited investors to take part in the funding round. The company will be filing a Form D with the SEC within 15 days once the offering is launched.

The funds will be used to increase our sales and marketing workforce. Epazz, Inc. needs to hire additional sales and marketing personnel to promote our successes in implementing our cloud-based solutions for new government and business customers. In addition, funds will be used to hire more developers to enhance our cloud software applications.

Epazz, Inc.’s CEO, Shaun Passley, Ph.D., said, “We have already received interest from investors who wish to be part of the funding round. It is a good start, [and] we believe once the campaign is launched that we have a good opportunity to raise the funds we need to in order to explore of all of the business opportunities coming our way.”

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 otherwise need to purchase 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 can generally be identified by the use of forward-looking statements such as “may,” “expect,” “intend,” “estimate,” “anticipate,” “believe” and “continue” (or the negative thereof) or similar terminology. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results or those 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, Inc. assumes no obligation and has no intention of updating these forward-looking statements, and it takes no obligation to update or correct information prepared by third parties that is not paid for by Epazz, Inc. Investors are encouraged to review Epazz, Inc.’s public filings on SEC.gov, including its unaudited and audited financial statements as well as its Registration Statement, Form 10-Ks, and Form 10-Qs, 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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