Epazz CryObo Aerial Blockchain Technology Integration Will Monetize Crop Production 

Rhea-AI Summary

Epazz Inc. (OTC Pink: EPAZ) announced a collaboration with CryObo Technology to assist farmers by utilizing ZenaDrone Aerial data for crop production forecasts. The ZenaDrone 1000 will monitor crop health, providing valuable data for yield estimates and future sales opportunities. This partnership aims to enhance food security and facilitate funding for farmers to improve production practices. CEO Shaun Passley emphasized the exploration of new revenue streams using drones and blockchain technology, positioning the company for innovative advancements in agriculture and financial markets.

Positive

• Collaboration with CryObo Technology to enhance crop production forecasts using drone technology.
• Use of ZenaDrone 1000 to monitor crop health and estimate yield, potentially increasing farmers' revenue opportunities.
• Partnership aimed at improving food security through additional funding for farmers.

Negative

• None.

CHICAGO, IL, Nov. 29, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Epazz Inc. (OTC Pink: EPAZ), a mission-critical provider of blockchain cryptocurrency mobile apps and cloud-based business software solutions, announced today that CryObo Technology will help farmers using  ZenaDrone Aerial data in order to forecast future crop production. 

ZenaDrone 1000 scans the field and records the accurate and actual health of the crops so farmers can anticipate potential harvest yield periodically. CryObo software will estimate the value of the crops and will provide the farmers with opportunities to sell the future harvest of the crops.

It provides the opportunity to achieve general market demand by reaching farm owners, plantation associations, and agricultural business investors. 

Epazz CryObo Technology enables farmers to raise capital at future terms. It will enable industries to gain additional funding to spend on crop production. CryObo Technology will help food security by providing farmers the additional funding to invest in improving crop and farm practices. 

Shaun Passley, Ph.D., Epazz Inc. CEO, and Chairman, said, "We are exploring new sources of revenue for CryObo technology using drones and blockchain technology.”

About CryObo Inc.

CryObo Inc. will enhance its software to give early-access companies backed by tangible assets an easy way to access the token markets. The company's platform will change how people transact real estate, digital assets, crops, and raw materials by allowing companies to access the future value of their assets. The growth of Bitcoin and other cryptocurrencies brings new regulations for large financial service companies, which will require a smart solution to manage their growing portfolios.

About Epazz Inc. (www.epazz.com)

Epazz Inc. is a leading cloud-based software company that provides customized cloud applications to the corporate world, higher-education institutions, and the public sector. Epazz BoxesOS v3.0 is the complete business web-based software package for small to midsize businesses, Fortune 500 enterprises, government agencies, and higher education institutions. BoxesOS provides a combination of many web-based applications that an organization would otherwise need to purchase separately. Epazz's other products are DeskFlex (room scheduling software) and Provitrac (applicant-tracking system).

SAFE HARBOR

The "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 generally can be identified by the use of forward-looking languages, such as "may"; "expect"; "intend"; "estimate"; "anticipate"; "believe"; "continue"; the negative thereof or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause the 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 actual results may differ materially from those contemplated by such forward-looking statements. Epazz Inc. assumes no obligation and has no intention of updating forward-looking statements. It has no obligation to update or correct information prepared by third parties that are 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 OTC Markets filings, which contain general business information about the company's results, and risks associated with the company and its operations.

Contact

For more information, please contact

 Investor Relations

 investors@epazz.net

 312-955-8161

 www.epazz.com

FAQ

What is the collaboration between Epazz and CryObo Technology about?

Epazz has partnered with CryObo Technology to assist farmers in forecasting crop production using ZenaDrone Aerial data.

How does the ZenaDrone 1000 help farmers?

The ZenaDrone 1000 scans fields to monitor crop health and provide data for yield estimation, allowing farmers to anticipate future harvests.

What benefits does CryObo Technology provide to farmers?

CryObo Technology helps farmers access funding, estimate crop value, and improve their farming practices by utilizing drone and blockchain technologies.

What is the stock symbol for Epazz Inc.?

The stock symbol for Epazz Inc. is EPAZ.

What is the goal of the partnership for food security?

The partnership aims to enhance food security by providing farmers with funding opportunities to invest in better crop production practices.