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Epazz Inks to Purchase Surveillance Software Company [Health & Beauty Close - Up](Health & Beauty Close - Up Via Acquire Media NewsEdge) Epazz reported that it has signed a purchase agreement to acquire a surveillance software company used by US colleges and universities. According to a release from the company, this new acquisition is expected to increase Epazz's revenue stream by generating $300,000 in recurring revenues during the first year. Epazz expects to complete the acquisition in the second quarter. Epazz CEO Shaun Passley, PhD, noted, "This acquisition will be immediately accretive to our revenue and profit streams. It will provide a solid customer base and open up many opportunities to cross-sell customers on Epazz's BoxesOS portal software, DeskFlex room scheduling software, Agent Power, Nortel workforce management software add-on, Cisco call center software add-on, Intellisys energy management software, AutoHire applicant tracking system, K9 Bytes kennel software, and MS Health EMR software. With the synergies of our companies, customers can continue to look forward to innovative, effective, and efficient software tools geared to enhancing their business processes." Epazz is in negotiations to acquire several other B2B software companies. Epazz's actions are a clear reflection of its long-term strategic growth plan to acquire profitable B2B software companies. More information and complete details: www.epazz.com ((Comments on this story may be sent to [email protected])) (c) 2014 ProQuest Information and Learning Company; All Rights Reserved. [ Back To TMCnet.com's Homepage ] |