EPAZ News .0125 Epazz Signs Letter of Intent to Acquire a Petcare Management Software Company

2012-06-22 09:00 ET - News Release

CHICAGO, June 22, 2012 /PRNewswire/ -- Epazz, Inc. (OTCBB: EPAZ), a leading provider of cloud based business software solutions has announced today that it has signed a letter of intent to acquire a petcare management software company based in Florida.

The target company was founded in 1980s and has a long history of positive cash flow and profitability. The software product is considered to be truly unique and there are few competitors presently in the market offering such an all-encompassing suite of software within their target market thereby making this move quite strategic in Epazz, Inc.'s projected growth.

Epazz has been increasing its global distribution channels and continues to search for suitable acquisitions. Epazz, Inc.'s CEO, Shaun Passley, noted, "This acquisition provides a solid customer base and it opens up many opportunities to cross sell customers on Epazz's BoxesOS portal software, DeskFlex room scheduling software, Agent Power workforce management software, Intellisys energy management software and AutoHire applicant tracking system. With the synergies of our companies the customers can continue to look forward to innovative, effective and efficient software tools geared to enhancing their business process."

Epazz, Inc. is in negotiations to acquire several other B2B software companies. Epazz, Inc.'s action is a clear reflection of its long term strategic growth plan to acquire profitable B2B software companies.