SOURCE: Epazz, Inc

epazz

September 03, 2015 08:35 ET

Epazz Will Be Launching a Revenue Based Crowdfunding Campaign in Order to Increase Sales, Marketing and Development Workforce

CHICAGO, IL--(Marketwired - September 03, 2015) - Epazz, Inc. (OTCQB: EPAZ), a leading provider of cloud based business software solutions, announces that the company is working with its lawyers to launch a revenue based crowdfunding campaign in order to fund its sales and marketing efforts. The funds will be used to increase its sales and marketing workforce. The company needs to hire additional sales and marketing personnel in order to promote its successes with implementing its cloud based solutions into new government and business customers. In addition, funds will be used to hire more developers to enhance its cloud software applications.

The company had used convertible notes from institutional investors in the past in order to complete its acquisitions. Most of the convertible notes are paid off. Unfortunately, the convertible notes increase the dilution in our stock. For this reason, the company will be taking advantage of the new Jobs Act and will be launching a Revenue Based Crowdfunding Campaign. Investors who wish to take part in the offering will receive a monthly payment based on the company’s revenues. Revenue based offering is non-dilutive to our shareholders.

If you are interested in the offering, you can send an email to crowdfunding@epazz.net. Once the campaign is launched, we will send you an invitation.

Epazz, Inc.'s CEO, Shaun Passley, Ph.D., said, "The Company is growing fast and we need more people to answer the phones and emails. We need to share our success with other government and business organizations. Also, we believe our stock will recover through 2015 and into 2016 and attain a fairer valuation."

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 research. Do your homework. Please review all of our filings.

Contact Information