$EPAZ Epazz Stock Dividend: Project Flex Spin-Off Share Price to Be Above $0.01

The Record Date Will Be Set in the Future; Epazz Approves for 1-10 Stock Dividend for Project Flex

CHICAGO, IL, Jul 18, 2013 (Marketwired via COMTEX) -- Epazz, Inc. (OTCQB: EPAZ), a leading provider of cloud based business software solutions that the Company has approved a 1-10 stock dividend for shareholders of EPAZ. The spin-off of Project Flex will be above $0.01 per share. For each 10 shares of EPAZ common stock that a shareholder owns, the shareholder will receive 1 share of stock in the new Project Flex spinoff.

The Company will announce the effective record date soon. The record date could be the day of the announcement or a future date. Only Shareholders of record date will receive the dividend.

Epazz, Inc.'s CEO, Shaun Passley, said, "We have been working real hard to add acquisitions and other Companies into our holding company umbrella and now want to reward our faithful shareholders and begin to show our game plan for the future."

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(TM) 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 DeskFlex (TM), a room scheduling software and AutoHire(TM), an applicant tracking system.