Epazz intends to buy software company

Epazz, Inc. (OTC: EPAZ) said it has signed a letter of intent to acquire a software company used by colleges in Midwestern US.

This new acquisition is expected to provide substantial growth to Epazz´s revenue stream by generating a 30 percent increase in recurring revenues in the first year.

The target company was founded in the 2000s and has a long history of positive cash flow and profitability.

Epazz 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.

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