Jan. 25, 2013
. (OTCQB: EPAZ), a leading provider of cloud based business software solutions, announced today that its maintenance contracts renewal rates for Intellisys Software are well over the 90% level and is positioned to continue at this pace. Intellisys software continues to receive positive responses on our support and customization IT consulting services.
Renewal rate conversion is an important factor in Epazz's aggressive growth model. With over 90 percent, this contributes strongly to Company revenues and is expected to do so for the foreseeable future.
"We expected to continue a high renewal rate for Intellisys Software but better than 90 percent is an exceptional rate. Getting high renewal rates from our clients and customers combined with our growth strategy going forward will continue to increase our revenues," said
, CEO of Epazz, Inc.
"As mentioned in the previous news release, we are close to announcing more growth initiatives and expect to be able to update shareholders in the near future," Passley concluded.
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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