Epic Offers 2nd Exchange Of Series A Preferred Stock In Place Of Announced Dividend Policy; Withdraw Dividend To Common Holders, Will Pay Preferred Holders

EPIC Corporation Inc. (OTC PINK: EPOR) and Ronald Tucker, its CEO, announced, "EPIC's Board of Directors has authorized an offer to exchange shares of its Series A 5% Convertible Preferred Stock for common stock. The Board has voted to withdraw the announced stock dividend to its common shareholders; however, the seventh quarterly stock dividend to preferred shareholders will be paid as scheduled." The Board of Directors has determined that the policy for a quarterly dividend for its common shareholders would not at this time be cost effective and others than EPIC's long term investors would benefit. EPIC has therefore withdrawn its announced quarterly dividend and has withdrawn its announced dividend policy to common shareholders. The Board believes that its Series A Preferred Stock with its quarterly dividend and other preferential characteristics is cost effective and establishes a higher rate of return on investment for its long term investors. The announced seventh quarterly stock dividend to the shareholders of the Series A 5% Convertible Preferred Stock will be paid as scheduled. The announced Second Exchange Offer will be made on or before March 6, 2015, and those shareholders electing the Exchange will receive the quarterly preferred stock dividend for March 31, 2015.