Epazz Reports 50 Percent Increase In Revenues For 3rd Quarter; 32.5 Percent Revenue Growth For 2012 Year To Year

CHICAGO, Jan. 17, 2013 /PRNewswire/ -- Epazz Inc. (OTCQB: EPAZ), a leading provider of cloud based business software solutions, announced today that the Company continues substantial progression toward financial goals including $2M in revenues by the third quarter of 2013. In the third quarter for 2012, Epazz revenue grew 50 percent and 32.5 percent respectively for the nine month period ending 30 September, 2012. Epazz, Inc. reported revenue of $856,248 versus revenue of $646,023 for the same period in 2011. Additionally, the Company's Asset value grew by 38% to $1,425,248 during the nine month period ending on September 30, 2012.

Acquisitions made by Epazz have significantly boosted revenues for the Company as expected. These acquisitions included K9 Bytes Kennel Software and MS Health Software. Additionally, Project Flex, a patent pending new technology that will change the way cooling technology is used, will soon become a wholly owned subsidiary. Additionally, the Company is pursuing additional acquisitions to grow its bottom line and increase the Company and shareholder's value.

"We established bold guidance and goals going forward last year. We are obviously pleased with the direction we have this Company moving. We are currently in negotiations to close deals which will bring even more value to Epazz, Inc. I am hopeful that we will be able to begin to announce these soon as well as additional progress on Project Flex," said Shaun Passley, CEO of Epazz, Inc.

About Epazz Inc.

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.

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