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| EPAZ Jumps Up 33% On News Check it Out Now |
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 Hot Stock to Watch |
Company: Epazz, Inc. (Pink Sheets: EPAZ)
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Last:
Price: 0.0004
Change (%): + 0.0001 (33.00)
Volume: 15,548,680 |
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Epazz's Strand: Video Surveillance Software to Provide Offsite Cloud Storage; Strand is Developing New Revenue Streams
Epazz Expects to Add Over $400,000 to Revenue Stream with the Strand and Cynergy
CHICAGO, IL / ACCESSWIRE / March 4, 2015 / Epazz, Inc. (PINKSHEETS:EPAZ), a leading provider of cloud-based business software solutions, announced that its wholly own subsidiary Strand will provide offsite cloud storage to its customers; providing them with backup video copies. This feature will be added to the new Strand Product which is integrating with Cynergy. The new functionality would allow colleges and universities to schedule backup sessions on a daily or weekly basis.
BoxesOS provides a common cloud platform which allows for other software products to integrate into; once the integration is completed, Cynergy service desk software will be available to Strand's customers. Strand's customers will be able to use their Strand, surveillance software, to alert students of any security alerts through Cynergy service desk. Cynergy will be able to assign personnel based on the alerts generated through Strand. The company expects to have a new product available for beta testing early this year. The company expects the two acquisitions to generated over $400,000 to its revenue during this year.
Epazz CEO Shaun Passley, PhD, noted, "The vision of Epazz is a single platform to access business applications. The integration of Cynergy and Strand into BoxesOS provides the opportunity to develop new products and service. Thus generating new revenue streams.
These acquisition will be immediately accretive to our revenue and profit streams. It will provide a solid customer base and open up many opportunities to cross-sell customers on Epazz's BoxesOS."
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