EPIC Announces New Exchange Offer and EPIC Paid Preferred Stock Dividends in Common Stock of 10.41666% for September, 12.50% for December 2014, 24% for March 2015; EPIC to Raise Capital Pursuant to New Reg A Rules


AUSTIN, TX--(Marketwired - April 02, 2015) - EPIC Corporation (OTC PINK: EPOR) ("EPIC") and Ronald S. Tucker announced that "EPIC is offering to exchange common stock held in street name for its Series A 5% Convertible Preferred Stock by shareholders of record on July 10, 2015, and to be paid at a conversion rate to be determined on July 30, 2015. An official Notice of Exchange Offer will be made in the Month of May. In addition, the Board of Directors authorized the filing of a limited Qualified Offering Statement under the new Regulation A Rules. The dividend paid on the number of Preferred Shares outstanding for September 2014 was 10.41666%, December 2014 was 12.50%, and March 2015 was 24%."

A Brief Description of the Preferred Stock follows:

Dividend

The number of shares declared in a stock dividend shall be equal to the 5% dividend rate on $1 per share divided by a 25% discount from the value weighted average price ("VWAP") per share for the 10 trading days before the Declaration Date.

Liquidation Preference

In the event of any liquidation, dissolution or winding up of the affairs of the Corporation, whether voluntary or involuntary the holders of shares of the Preferred Stock shall be entitled to receive, out of the assets of the Corporation, whether such assets are capital or surplus and whether or not any dividends as such are declared, $3.00 per share plus an amount equal to all accrued and unpaid dividends thereon to the date fixed for distribution.

Conversion

Each share of Preferred Stock shall be convertible, at the option of the holder, at any time after ninety days from the date of issuance of the Series A 5% Convertible Preferred Stock into authorized but previously unissued shares of Common Stock, at a conversion price equal to a sixty-five (65%) percent discount from the VWAP for the 10 trading days ("Conversion Price1") prior to the date of the written notice of conversion which must be within 5 days of the date received by the Corporation. However, the Conversion Price can be no lower than $0.30 per share and no more than $1.00 per share.

Redemption

Shares of the Preferred Stock will be redeemable, at the option of the Corporation, in its sole and absolute discretion, on or after 5 years from the date of issuance for cash at a redemption price of $10.00 per share, plus any accumulated, accrued and unpaid dividends.

Visit www.acufabinsoles.com to buy AcuFAB® insoles.

Visit www.epicistore.com to buy AcuFAB® acupressure support surface.

Visit www.acufabric.com to buy the AcuFAB® acupressure spacer fabric.

Visit www.acufabsaddleblankets.com to buy AcuFAB® saddle blankets.

Visit www.epiccor.com for corporate information, and http://www.otcmarkets.com/stock/EPOR/quote for investor and financial information.

Contact Information:

CONTACT:

Scott McIntosh
Telephone: 949-228-2352