CHICAGO, Feb. 07, 2018 (GLOBE NEWSWIRE) -- Epazz, Inc. (OTC: EPAZ), a leading provider of blockchain cryptocurrency mobile apps and
cloud-based business software solutions, announced today that the company’s ZenaPay Bitcoin wallet has been downloaded more than
20,000 times since its launch in the Android Play Store. On February 10, 2018, the company will release the next version of
ZenaPay, which will support Ethereum cryptocurrency, in the Play store. ZenaPay will have an updated start screen that will show
each cryptocurrency. It is important for users to be able to see a summary of their holdings immediately to determine which
cryptocurrency to use when making transactions.
The company is working on supporting Litecoin in future releases of ZenaPay. Litecoin is working on technology that will make
point-of-sale (POS) transactions faster and simpler. This will further ZenaPay’s goal of providing a payment solution that will
greatly reduce the cost of credit card transaction fees for merchants. The company’s soon-to-be-released POS application will
provide merchants with a POS solution for only $99 per year.
Furthermore, ZenaPay will follow suit with other blockchain wallets to support SegWit. SegWit is said to reduce the median fee
by one-third. The company believes that multiple cryptocurrency support will eventually eliminate fees.
Epazz CEO Shaun Passley said, “ZenaPay Wallet App is the first blockchain product the company has released. We are quickly
catching up to other competitors in the marketplace. We believe that this is the beginning of mainstream acceptance of blockchain
technology. The adoption of multiple cryptocurrencies within a single blockchain wallet makes completing transactions simple and
quick for users.”
Future Features Releases
Point of Sale
ZenaPay is developing an iPad point of sale (POS) app to integrate with the Merchant App. Epazz will release the POS version of
the Merchant App will be released on February 15, 2018. The new system has been designed to seamlessly integrate with merchants’
store flow.
Vendor and Payroll Payment Solution
ZenaPay’s development team is also working on a vendor payment solution that will allow merchant businesses to pay vendors and
employees using cryptocurrencies.
Future features will include the following:
- An e-commerce store
- Seed-to-sale tracking
- Sales reporting and compliance
About ZenaPay (www.zenapay.com)
ZenaPay is being developed to solve a major problem in high-risk industries: getting paid. Traditional banking systems do not allow
high-risk industries to access their payment systems. ZenaPay offers a cutting-edge payment solution that gives consumers a way to
buy items online or in stores using Bitcoin. The new Bitcoin payment software will allow consumers to use digital currency to make online or
in-store purchases with ease. The process will also be anonymous because all transaction details are encrypted through Bitcoin,
which will enable stores to accept digital currency instead of only cash. ZenaPay is available on the App Store and Play Store.
About Epazz, Inc. (www.epazz.com)
Epazz, Inc. specializes in enterprise cryptocurrency blockchain mobile apps and cloud business process software, with more than
500 repeat customers. The new Bitcoin Mobile app is a financial technology company that offers unique software that allows
consumers to acquire Bitcoin at the point of sale. The consumer can then use the cryptocurrency or digital currency to make a
purchase at the store with ease. Epazz technology makes it easy to convert legacy systems into cloud business process software, for
which the company then charges an annual subscription fee. Epazz has acquired 11 software companies that have converted or are in
the process of converting their legacy software products to cloud software using Epazz technology. Epazz then markets the new
cloud-based solutions to new and existing customers.
SAFE HARBOR
“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 can generally be identified by their use of forward-looking terminology such as “may,” “expect,”
“intend,” “estimate,” “anticipate,” “believe” and “continue” (or the negative forms thereof) or similar terminology. Such
forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ
materially from future results or those 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, Inc. assumes no obligation and has no intention of updating these
forward-looking statements, and it has no obligation to update or correct information prepared by third parties that is not paid
for by Epazz, Inc. Investors are encouraged to review Epazz, Inc.’s public filings on SEC.gov and otcmarkets.com, including its
unaudited and audited financial statements and its OTC markets filings, which contain general business information about the
company’s operations, results of operations and risks associated with the company and its operations.
CONTACT: For more information, please contact: Investor Relations mailto:investors@epazz.net (312) 955-8161 www.epazz.com
