CHICAGO, IL--(Marketwired - Jul 30, 2013) - Epazz, Inc. (OTCQB: EPAZ) (the "Company"), a leading provider of cloud based business software solutions, today reported the Company's awareness of shareholders' frustrations with the performance of the stock over the last few months. Notably, there is data that leads to the possibility that over 100 million shares have been shorted in the month of July alone.
To view the short selling report on EPAZ, visit http://dtg.fm/epaz-short-selling
Epazz, Inc. recently announced in the most recent quarter a 82% increase in revenues for the three month period ending March 31, 2013. Epazz, Inc. reported revenue of $208,010 versus revenue of $114,477 for the same period in 2012.
Additionally, Epazz reported that Cooling Technology Solutions, Inc. ("Project Flex") is finalizing its plans to spin off from Epazz. Epazz shareholders will receive shares in the spin-off company.
About Epazz Inc. (www.epazz.com)
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.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the use of forward-looking statements such as "may," "expect," "intend," "estimate," "anticipate," "believe," or "continue" (or the negative thereof) or similar terminology. Such forward-looking statements are subject to risk, uncertainties and other factors that could cause actual results to differ materially from future results or implied by such forward-looking statements. Investors are cautioned that any forward-looking statements are not guarantees of future performance and that actual results may differ materially from those contemplated by such forward-looking statements. Epazz assumes no obligation and does not intend to update these forward-looking statements and takes no obligation to update or correct information prepared by third parties that is not paid for by Epazz. Investors are encouraged to review Epazz's public filings on SEC.gov, including its unaudited and audited financial statements, and its Registration Statement, Form 10-K's and Form 10-Q's, which contain general business information about the Company's operations, results of operations and risks associated with the Company and its operations. Penny stock picks need to be research. Do your homework. Please review all of our filings.