SOURCE: American Green, Inc.

February 26, 2015 07:30 ET

American Green and MediaTechnics Formalize Joint Venture

TEMPE, AZ--(Marketwired - Feb 26, 2015) - American Green (OTC PINK: ERBB) and MediaTechnics Corporation (OTC PINK: MEDT) have reached an agreement outlining a joint venture designed to generate revenues and increase market control for both companies. MediaTechnics' wholly-owned subsidiary, Evergreen Systems Incorporated, is nearing the completion of BlazeNow™ (www.blazenow.com), a suite of mobile apps for the iOS (Apple) and Android operating systems that are engineered to provide product and location-specific advertising alongside a consumer review system for dispensaries, doctors, and delivery services for the burgeoning legal cannabis industry. BlazeNow has targeted April 20, 2015, for its unveiling to the public. MEDT has also made unique developments in the science behind indoor cultivation lighting which American Green plans to adopt, complete, and take to market as a joint initiative. In addition, the company is planning a unique call center focused on the legal cannabis market that will be selling American Green products on a revenue-sharing basis.

"The magnitude and ground-breaking nature of ZaZZZ has forced us to keep our focus primarily on its ongoing development. Nevertheless, the need for a great app that can be seamlessly integrated with American Green's ZaZZZ Network is no secret. We believe that BlazeNow™ will close the loop, not just for pre-orders at ZaZZZ locations, but also allow American Green to participate in the ordering and home delivery of products for consumers who are best served by such a network," says Stephen Shearin, president of American Green.

"I also believe that MEDT has some impressive next-generation technology that will enhance our Truth Lighting overall and jumpstart a sales mechanism expected to provide both companies additional sales and market share. It's a great union that has been forming for several months, and we're glad to see it come to fruition. We're also very excited about the opportunities created by the BlazeNow™ smart phone application in that this venture amplifies American Green's ability to drive customers to our ZaZZZ machines," concludes Shearin.

Jeremy Carr, president of MediaTechnics Corporation adds, "As part of a consulting team that has turned several failing dispensaries into market leaders, I understand the hardships that the pioneers of this industry face every day. We are here to support our fellow pioneers. While developing BlazeNow, we prioritized the user experience of the dispensary as well as the consumer and intend to provide a far superior experience than the competition. We are genuinely pleased to have found a team at American Green who are as passionate about the industry as we are and who has already established themselves as a market leader."

Be sure to visit the company's website at http://americangreen.com/email-alerts/ and sign up for the company's EMAIL ALERTS to stay current on news.

Shareholders and interest holders may also stay current with American Green Updates:

Twitter: @American__Green (two underscores), or Facebook: https://www.facebook.com/americangreenusa

NOTES ABOUT FORWARD-LOOKING STATEMENTS
Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company's Securities and Exchange Commission reports and filings. Certain statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward-looking statements may be identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, should and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which they are made.

About American Green

American Green (OTC PINK: ERBB) (http://www.bloomberg.com/quote/ERBB:US) became one of the first publicly-traded technology companies in the world to address the burgeoning medical and now, legal adult-use cannabis industry. Beginning in 2009, the company has evolved over time and, last year, introduced the ZaZZZ machine for automated, age-verifying dispensing of cannabis-based and other adult-use medicines and products. The American Green mission is to emerge as a leader in the cannabis and industrial hemp industry including seed-to sale innovation by leveraging its extremely talented team of professionals and value-added companies and products. Designed to span cultivation, manufacturing and extraction, retail, and community outreach, the company strives to develop sustainable businesses, while increasing shareholder value, and awareness beyond our industries.

About MediaTechnics Corporation

MediaTechnics Corporation (OTC PINK: MEDT) and our portfolio companies specialize in providing ancillary products and services to the medical and recreational Cannabis industries. Our management will utilize industry experience to target the areas of the market with the highest profit potentials. We believe in the future legitimacy and profitability of the industry based on recent studies showing bi-partisan support and demand of Cannabis. We believe that Cannabis provides a healthier alternative to conventional pharmaceutical and recreational drugs and will play an important role in the future of our country's health care. We are determined to be a dominant force in defining this emerging market.

Be sure to visit the company's website at www.medtcorp.com and sign up for the company's EMAIL ALERTS to stay current on news.

Shareholders and interest holders may also stay current with MediaTechnics Corporation Updates:
Twitter: @MediaTechnics, or Facebook: https://www.facebook.com/mediatechnics

Contact Information

  • Company and Contacts:
    American Green, Inc.
    Mr. Stephen Shearin, President
    1221 W Warner Rd Suite 103
    Tempe, AZ 85284
    (480) 443-1600
    stephen@americangreen.com
    www.americangreen.com

    American Green, Inc.
    Investor Relations
    Mr. Has Uyar
    1221 W Warner Rd, Suite 103
    Tempe, AZ 85284
    480-443-1600 X555