Founded in 2000, Chicago-based Epazz works alongside its subsidiaries to design and sell various software programs to business enterprises, hospitals, and government and post-secondary institutions in the United States. The company's goal is to effectively transition into a holding company, acquiring, developing and then executing a spin-off with stock dividends.
Since its initial public offering in, EPAZ has grown revenue by 1,000% to reach revenues of $1.19 million for 2012, reflecting an increase in global distribution channels for its products. In comparison, EPAZ reported revenues of $735,972. The company has steadily increased its client base as it grows sales and expects that its pending acquisitions revenue will double this year.
The company markets a suite of solutions, including its BoxesOS version 3.0, which is the result of five years of design and testing among tens of thousands of members of target stakeholder groups. The BoxesOS enterprise Web infrastructure system is the company's turnkey solution that combines software, content services, integration services, customization services, maintenance services, marketing services, and hardware.
In regards to its spin-off strategy, EPAZ recently set a record date of September 25 for the dividend on its Project Flex spin-off, for which the company has forecast a dividend set above $0.01.
EPAZ is also focused on a new product called "Human Power," a new mobile power device, which the company believes will be its second spin-off opportunity.
For more information, visit Epazz.com
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