Epazz Has Formed Galaxy Batteries Inc. to Hold Its Intellectual Properties for Battery Technologies
- Epazz Inc. forms Galaxy Batteries Inc. to focus on battery technology intellectual properties
- Epazz is filing patents for its high-powered battery technology
- Galaxy Batteries could become an independent company
- None.
CHICAGO, May 23, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Epazz Inc. (OTC: EPAZ), a mission-critical provider of drone technology, blockchain mobile apps, and cloud-based business software solutions, announced today the company has formed Galaxy Batteries Inc. to house its intellectual properties for battery technology intellectual properties. Epazz has been working on special battery technologies for high-powered devices and aircrafts. Epazz is in the process of filing patents for its battery technology and believes, in the future, Galaxy Batteries could become an independent company.
Many of the projects Epazz is working on require the high-powered batteries needed to run highly specialized devices. The company recently launched galaxybatteries.com to use as its battery technology subsidiary.
CEO Shaun Passley, Ph.D., said, “When we first started the drone project back in 2019, we could not have foreseen all of the technologies we needed to create in order to meet our requirements. As the project has taken shape, new opportunities have risen. We’re evaluating how best to monetize the varied technologies we have developed and how best to provide value to the company.”
About ZenaDrone Inc. (https://www.zenadrone.com/)
ZenaDrone Inc. is dedicated to improving its intelligent unmanned aerial vehicle technology, which uses machine learning software and AI. ZenaDrone Inc. began with the goal of revolutionizing the hemp farming sector and later evolved into an intelligent and multifunctional industrial surveillance, inspection, and monitoring solution.
About Epazz Inc. (https://www.epazz.com/)
Epazz Inc. is a leading cloud-based software company that specializes in providing customized cloud applications to corporate companies, higher education institutions, and the public sector. Epazz BoxesOS™ v3.0 is a complete web-based software package for small and mid-sized businesses, Fortune 500 enterprises, government agencies, and higher education institutions. BoxesOS™ provides many of the web-based applications that organizations would otherwise need to purchase separately. Epazz’s other products include DeskFlex™ (a room-scheduling software) and Provitrac™ (an applicant-tracking system).
SAFE HARBOR
This safe harbor statement is made 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 words such as “may,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “continue” (or the negatives thereof), or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors that can cause actual results to differ materially from predicted results or those implied by such forward-looking statements. Investors are cautioned that forward-looking statements are not guarantees of future performance, and actual results might differ materially from those suggested by such 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 over-the-counter market filings, which contain general business information about the company’s operations, the results of its operations, and the risks associated with the company and its operations.
Contact
Investor Relations
investors@epazz.net
312-955-8161
https://www.epazz.com/
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