Ocoee, FL – (NewMediaWire) – August 12, 2022 – iCore Connect, Inc. (OTCQB: ICCT), a market-leading cloud-based software-as-a-service (SaaS) and technology company focused on increasing workflow productivity and customer profitability through its enterprise platform of applications and services, reports its quarterly results for the year 2nd quarter of 2022 known.

iCoreConnect continues to expand on its 2021 results, with revenue of $2.1 million for the quarter ended June 30, 2022 compared to $1.0 million for the same period in 2021, a growth rate of 210%. Highlights for the three months ended June 30, 2022 and 2021:

• Annually Recurring Revenue: $1.8M from $0.9M (200% growth)

• Revenue: $2.0M from $0.7M (285% growth)

• Subscribers: Subscriber count increased by 15,000

The continued traction of the company’s electronic prescription services, iCoreRx, along with the full rollout of its automated insurance verification service, iCoreVerifycontributed to the increase in Annual Recurring Revenue (ARR) from $1.0M to $1.8M along with growth in subscriptions of all of its other SaaS solutions, including iCoreExchange, iCoreHuddle and iCoreHuddle+, iCoreCodeGenius, iCoreCloudiCorePay, iCoreSecure and iCoreIT (MSaaS and MSP services).

Subscriber count increased by 225% to approximately 27,000 returning subscribers as of June 30, 2022 from approximately 12,000 at the end of June 2021.

About iCoreConnect

iCoreConnect (OTCQB: ICCT) is a market-leading cloud-based software and technology company focused on increasing workflow productivity and customer profitability through its enterprise platform of applications and services. iCoreConnect is best known for its innovation in solving healthcare business problems. The company philosophy attaches great importance to customer feedback, which allows iCoreConnect to respond to the needs of the market. iCoreConnect promotes a platform of 15 enterprise SaaS solutions and nearly 80 agreements with state or local healthcare organizations around the world.