SOURCE: FutureLand Corp

FutureLand Corp

SOURCE: FutureWorld Corp

FutureWorld Corp

SOURCE: HempTech Corp

HempTech Corp

May 16, 2016 08:52 ET

HempTech (HTCO) Signs Exclusive Agreement to Sell 1000 grow.droid II Container Grow Systems

HempTech to Provide Grow Systems for Customers in Alaska, Continental United States and First Nations in Canada

DENVER, CO--(Marketwired - May 16, 2016) - HempTech Corp. (OTC PINK: HTCO), a provider of advanced Controlled Environment Agriculture (CEA) with sophisticated automation and analytical tools for the cultivators of legal industrial hemp and cannabis, announces today that it has signed an exclusive MVA (Master Vendor Agreement) with Tinkerer's Obsession Labs (TOL) to be an exclusive provider of containerized grow systems (grow.droid II) for TOL in the following jurisdictions: Alaska, Continental United States and First Nations in Canada. TOL agrees to purchase from HempTech a minimum of 1000 "grow.droid II" systems between 2016 and 2022, primarily to satisfy the growing needs of the people of the Indian Reservations.

HempTech has also signed an exclusive agreement with FutureLand Corp (OTC PINK: FUTL) to obtain financing and consultation support for the life of the MVA agreement to better service the agreement with TOL. HempTech will compensate FutureLand through revenue sharing on the project.

HempTech has designed distinct and uniquely customized containerized grow systems or grow pods under the brand "grow.droid II" for harsh climates such Canada and Alaska. The grow.droid II includes all growing/drying/curing equipment with cutting edge CognetiX; controlled environment software platform providing full integration and automation of the grow operation including big data analytics.

HempTech is expecting to begin shipping the first batch of grow pods "grow.droid II" by mid-2016.

Due to economical and competitive concerns, a copy of the agreement will only be available to the regulatory agencies such as SEC and FINRA. A signed copy of the MVA (Master Vendor Agreement) will be sent to the SEC by the Company shortly.

The Company sells its grow.droid II through its distributors at a base retail price of $85,000 per grow pod.

Since 2014, HempTech Corp, a subsidiary of FutureWorld Corp (OTC PINK: FWDG), in cooperation with FutureLand Corp (OTC PINK: FUTL), has spent substantial amount of resources to develop state-of-the-art automation technologies for the growers and cultivators in the burgeoning cannabis industry culminating in development of the grow.droid line of grow systems. The grow.droid grow systems include tent based grow.droid I (up to 16 plants) and container based grow.droid II (up to 80 plants).

About HempTech Corp

HempTech Corp (OTC PINK: HTCO), a Nevada corporation, is a provider of advanced Controlled Environment Agriculture (CEA) with sophisticated automation and analytical tools for the cultivators of legal industrial hemp and cannabis. We design and engineer specialized products using advanced sensors, process control techniques, big data aggregation, analytics and security solutions so cannabis growers can easily and effectively control every aspect of their operation. Through HempTech technologies, virtually every component of the plants' vegetative growth matrix and flower harvest is automated, documented and available in visible format both in real time and historically. This simplifies operations and ensures that the baselines set by the master grower are adhered to by the cultivation staff.

The Intelligent Automation Technology engineered for agricultural operations featuring CognetiX Cultivation Automation & Analytic Software drives improvement in productivity, efficiency, quality and sustainability. This industrial grade advanced Controlled Environment Agriculture (CEA) with analytical technology software, is being made available to small and large size cultivators that are not yet available in the Cannabis market. HempTech's goal is to provide cost effective and efficient cultivation of indoor cannabis through intelligent technologies and process control platforms.

HempTech's mission is to establish a reputation in the cannabis industry as a one-stop-shop that provides all the infrastructure elements required by growers in a manner that is fully integrated, state-of-the-art, and secure. Products include the SPIDer™ (Secure Perimeter Intrusion Detection), SmartSense™, SmartEnergy, and analytics dashboard CognetiX™ through which HempTech Corp. provides growers unparalleled data analysis capabilities to Know Your Grow! HempTech -- America's Future Taking Root Today.

To request further information about HempTech, please email us at info@hemptechcorp.com, log onto our website at http://www.hemptechcorp.com or visit us at our Facebook page https://www.facebook.com/hemptechcorp or on Twitter @hemptechcorp.

About FutureWorld Corp.

FutureWorld (OTC PINK: FWDG), a Delaware corporation, is a leading provider of advanced technologies and solutions to the global cannabis industry. FutureWorld, together with its subsidiaries, focuses on the identification, acquisition, development, and commercialization of cannabis related products and services, such as industrial Hemp. FutureWorld, through its subsidiaries, provides personal and professional THC and HTD test kits, pharmaceutical grade HTD oil solutions, SafeVape vaporizers, smart sensor technology, communication network, surveillance security, data analysis for smart cultivation and consultation for the industrial hemp and legal medicinal cannabis. Our wireless agricultural smart sensor networks offer precision to the agriculture, irrigation systems, and greenhouses for the global cannabis and hemp industry. FutureWorld and its subsidiaries do not grow, distribute or sell marijuana. As the only Cannabis Technology Accelerator, FutureWorld will incubate and fund leading technologies, products, and services for Cannabis industry (Industrial Hemp) for foreseeable future; bringing value to its core and its shareholders.

To request further information about FutureWorld, please email us at info@futureworldcorp.com, log onto our website at http://www.futureworldcorp.com or visit us at our Facebook page facebook.com/futureworldcorp or on Twitter @futureworldinc.

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