CHICAGO, Feb. 15, 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 patent-pending Blockchain Smart Legal Contracts
Technology will be called Cordtell (www.cordtell.com). Cordtell reduces fraud in business transactional contracts. The technology
allows for a transactional contract to become a living contract that is tracked and traced; it also verifies that a section of
terms within a contract are followed and that all parties of an agreement obey the terms of the contract.
Cordtell, which is under development, automatically verifies signatures, distributes the contract to the blockchain, records the
transaction and verifies the terms are being followed via our blockchain apps, which also trace any changes. The technology sends
reminders, and tracks payments and delivery of items. The technology will work with Microsoft Word and Google Docs to provide
real-time contract edits and updates via version control. The company will primarily market the technology to law firms, health
care providers, businesses and governments.
Part of Cordtell is the transmission of data storage in a blockchain storage unit. This part of Cordtell will be released first
before the Smart Legal Contracts Technology as it is a key feature of storage and data retrieval, which is part of the provisional
patent the company filed. The company will use the blockchain storage technology on other new products. Once the company is ready
for beta testing, the company will then file a non-provisional patent to include additional claims created during the development
process. Our goal is to release Cordtell in two parts: first, the blockchain storage technology in the third quarter and then the
Smart Legal Contracts in the fourth.
Epazz CEO Shaun Passley, Ph.D., said, “2018 is a major software development year for the company; we are increasing our
blockchain software team to take advantage of new technology and are also updating our existing cloud products and creating new
blockchain cloud products.”
If you would like to receive updates on Cordtell, visit www.cordtell.com
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
