Epazz, a leading provider of cloud based business software solutions, today reported that it has filed the necessary paperwork to change the name of Cooling Technology Solutions, Inc. (a.k.a. Project Flex) to ZFridge, Inc.
Epazz also reminded long-term shareholders that the record date for the spin-off project will be September 15, 2013. Investors must have their shares settled three days prior to the record date in order to receive the stock dividend.
Only shareholders of record date will receive the 1-10 stock dividend. The spin-off of Project Flex will be above $0.01 per share. For each 10 shares of EPAZ common stock that a shareholder owns, the shareholder will receive 1 share of stock in the new Project Flex spin-off.
Epazz, Inc.’s CEO, Shaun Passley, said, “This is our first spin-off, but not the last spin-off. Our business plan provides long-term shareholders multiple opportunities for stock dividends. We believe transitioning Epazz to a holding company will provide long-term value.”
Epazz Inc. is a leading cloud based software company that specializes in providing 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 mid-size businesses, Fortune 500 enterprises, government agencies, and higher education institutions. BoxesOS provides many of the web-based applications organizations would have to otherwise buy separately. Epazz’s other products are DeskFlex ™, a room scheduling software, and AutoHire™, an applicant tracking system.
For more information, visit www.epazz.com
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