EPAZZ Increases Funding of CryObo Technology and DeskFlex Metaverse Office Product Development

Epazz, Inc.

Epazz, Inc.

Epazz, Inc.

Image of Epazz Slims Prototype

Picture of Epazz Slims Prototype

CHICAGO, April 12, 2022 (World NEWSWIRE) — by means of NewMediaWireEpazz, Inc. (OTC Pink: EPAZ), a top service provider of cloud-dependent business program solutions, introduced today that it would increase additional funding to even further produce the CryObo Technological know-how and the DeskFlex Metaverse tasks.

Epazz DeskFlex home booking software program noted revenues of $1.9 million for 2021 as opposed to $1.4 million in 2020. It also noted a positive EBITDA of $102,000, compared to an EBITDA of $8,083 for 2021, an maximize of 1,168% because of to a surge in need for the duration of the pandemic.

DeskFlex is establishing a Metaverse Business office that works by using a pair of digital actuality clever eyeglasses, identified as the Epazz Slims, that permits distant workforce to work, collaborate, hook up, and maintain discussions in serious-time with other office personnel. The VR glasses permit remote employees to enter into a visible illustration of their place of work and interact with their co-personnel functioning from home as if they were there, bodily present.

The revenues from 2021 earnings will fund the even more enhancement of the VR headsets to present every single employee with VR Clever Glasses that would charge below $100.00. Mainly because of its affordability, every single employee can obtain the Metaverse Business office and take part in corporation actions from the ease and comfort of their residence.

Epazz Slims will be a very low-charge VR headset option that incorporates full sensory involvement in digital reality and augmented reality business conferences, conferences, and workforce discussions. It will use multiple webcams to crank out a 3D rendering of employee avatars and aid true-time interactions between colleagues.

“We are reinvesting our cash and focusing on products progress to offer our customers with best, useful, and simple technological alternatives in conducting meetings and conferences,” says Shaun Passley, Ph.D., CEO of Epazz, Inc.

About Epazz, Inc.

Epazz, Inc. is a mission-important service provider of Metaverse alternatives, blockchain cryptocurrency cellular apps, and cloud-based software package. It is a business that specializes in giving tailored cloud apps to corporate companies, better-instruction institutions, and the public sector. Epazz is developing Metaverse company remedies that empower persons to collaborate in genuine-time by way of VR. Epazz is upgrading its business remedies to be fully integrated into the Metaverse. Epazz will be producing lower-price tag sensible eyeglasses for Metaverse.

Safe Harbor

Certain statements contained in this press launch are “ahead-hunting statements,” as described by the “Harmless Harbor” assertion in the Non-public Securities Litigation Reform Act of 1995. Forward-on the lookout statements commonly can be identified by their use of ahead-looking phrases such as “may well,” “hope,” “intend,” “estimate,” “anticipate,” “imagine,” and “proceed” (or the detrimental variants thereof). Such ahead-looking statements are matter to chance, uncertainties, and other variables that could induce real success to differ materially from people the statements imply. Investors are cautioned that any forward-searching statements are not assures of potential overall performance and that actual outcomes may possibly differ materially from those these kinds of forward-searching statements ponder. Epazz assumes no obligation, does not intend to update these ahead-on the lookout statements, and has no obligation to update or accurate details that 3rd events not paid out for by Epazz put together.

Investors are encouraged to evaluation Epazz’s general public filings on SEC.gov, which includes its unaudited and audited monetary statements, its registration assertion, Type 10-Ks, and Variety 10-Qs, which comprise general organization information and facts about the company’s functions, operations benefits, and the pitfalls affiliated with the firm and its functions. Penny inventory picks need to have to be researched. Do your homework. You should critique all our filings.

For extra info, make sure you call the next:
Epazz Inc.
Investor Relations
[email protected]
(312) 955-8161
www.epazz.com/investors.aspx

Attachment