SOURCE: Tranzbyte Corporation

May 29, 2014 08:15 ET

Stephen Shearin Named President of Tranzbyte and American Green

Jurassic Cultivation Store Opens for Business

TEMPE, AZ--(Marketwired - May 29, 2014) - Tranzbyte Corporation (OTC Pink: ERBB) (PINKSHEETS: ERBB) (http://www.bloomberg.com/quote/ERBB:US) has solidified management making Stephen Shearin its president while permitting David Gwyther to focus on his new role as Chairman. Mr. Shearin will also continue to serve the company in his current capacity as its chief operating officer.

In other significant hiring news, Mr. Darin Wayrynen will transition from his consulting position with the company to VP of Operations, focusing his decades of technical management expertise on the myriad of opportunities and challenges which lie ahead for the company.

American Green is also proud to announce the opening of its cultivation store online (http://jurassic.americangreen.com) and believes the store will become the holy triumvirate of cultivation products: Jurassic Water, Lush LED (http://www.lushledlighting.com), and OG Tea nutrients (http://www.ogtea.com).

"For the past year, the company has had the benefit of Mr. Shearin's continuing vision and project execution expertise," says now-Chairman David Gwyther. "The Board believes it is the right time to act in asking Mr. Shearin to take the helm and actualize the vision that is American Green. My transition to Chairman allows me to focus on ensuring that the firm's duties to shareholders are being fulfilled by acting as a link between the board and our company's management."

"Given the technical focus that Tranzbyte/American Green will continue to pursue, the fortunate timing of being able to add Darin Wayrynen to the team can't be overstated. His overall body of work and knowledge -- perhaps highlighted best by his tenure as VP of Engineering for Winstar Communications -- makes him the ideal choice to handle the ever-growing operations of the company," comments incoming president Stephen Shearin. "We are thrilled to have him on board."

The addition of the Jurassic Web Store is key for several reasons. First and foremost, it permits potential clients to see the company's growing Jurassic product line in a single place while enabling the company to gauge the popularity of each of its products on a real-time basis.

Tranzbyte encourages all folks wishing to follow the progress of Tranzbyte, American Green™, and its other subsidiaries and divisions to visit the Tranzbyte website at www.tranzbyte.com or www.americangreen.com and sign up to receive our 'Email Alerts' which are sparingly sent to interest-holders periodically. Mobile users can also sign up by navigating to the company's website on their android smart phone or iPhone."

Also, shareholder and other interest-holders may track the progress of our fully automated ZaZZZ™ Machine by following us on Twitter @Tranzbyte or @American__Green (two underscores.)

ABOUT TRANZBYTE

The Tranzbyte Corporation (www.tranzbyte.com) is a driving force behind American Green, American Green, OneBode, The YO! Debit Card, and BancoLibre. The company expects to continue its plan to acquire, hold, or spin out successful divisions in what has been described in previous news releases as "dividend farming," Companies that qualify and decide to become public on their own will agree to carve out shares for Tranzbyte and dividends for their ERBB shareholders.

Tranzbyte also houses the company's 10-year-old technology division which is actively engaged in the sale of its optical media enhancement products to potential customers in the US and Asia. Products in the Tranzbyte division include FLASHAlbum™ and FlixStix -- technologies that the company plans to be incorporated into the Company's ZaZZZ Machine whiile enabling distributors of optical media (CDs, DVDs, etc.) to consolidate the best features of each medium onto a single content-protected USB flash drive.

ABOUT ONE BODE

One Bode was founded in 2006 by a group of health conscious professionals with backgrounds in sports, health, and nutrition who recognized the need for supplements to compliment any lifestyle. Focusing on plant-based nutrients and enzymes, One Bode created an assortment of products that enable the everyday person interested in improving their health to access the kind of nutritional supplements previously enjoyed by professional athletes, entertainers, and those with the time to devote their entire lives to the pursuit of such diets.

The company is combining its successful product rep program with an aggressive online campaign focusing on a realistic plan to increase sales measurably within the next 90 days of operation and throughout the coming years. The versatility of the products combined with the various dietary deficiencies present in practically everyone enables individuals to tailor a custom program designed to fit their specific needs; as such the company sees a virtually unlimited market-space for expansion.

ABOUT AMERICAN GREEN

American Green, formally Altitude Organix, became the first publicly traded medical marijuana dispensary brand in the world as American Green Corporation. Beginning in 2009, the company has developed retailing, branding, and commercial cultivating strategies in conjunction with its licensed medical marijuana retail dispensaries operating under the Altitude Organic Medicine brand name. While the Company is no longer associated with the Altitude Organic Medicine outlets in Colorado, it has spent the last year developing an "automated dispensary" that will offer the company's proprietary products to qualified adults in the US and around the world under its "American Green" brand. The Company's newly acquired YO! Debit Card has been rebranded as "ZaZZZ" for use in its proprietary machines and will be accepted at participating dispensaries and other select locations who become members of the ZaZZZ Network.

ABOUT PROXIMARF AND APPLIED RFID

Founded in 2006, Applied RFID and its operating subsidiaries (www.proximarf.com), have a versatile and leading-edge portfolio of RFID reader, sensor tag and data logging products based on the ISO 15693 standard of high frequency (13.56Mhz) RFID.

Once the acquisition agreement with Tranzbyte is finalized (Q2/14), the company has plans to increase its network of global distributors and value-added resellers with plans to incorporate the technology as a tracking system for legal marijuana movements. With its "Proxima RF" line of RFID readers, sensor tags, sensor probes and data logging products, the Company seeks out opportunities with partners who have a unique software offering within market verticals where the implementation of secure data collection and temperature sensing bring real and immediate ROI to users. These key markets include: food safety, cold chain logistics and healthcare/pharmaceutical as well as factory and field maintenance applications.

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.

Contact Information

  • CONTACT:

    Companies and Contacts:

    TranzbyteCorporation
    David G. Gwyther
    Chairman
    1221 W Warner Rd Suite 103
    Tempe, AZ 85284
    480-443-1600
    davidgwyther@tranzbyte.com
    http://www.tranzbyte.com

    TranzbyteCorporation - Hong Kong
    Mr. John Martin
    Managing Director
    Rm 802, 8/F, Kai Tak Commercial Building
    317-319 Des Voeux Road Central,
    Hong Kong (SAR)

    One Bode, International
    Sean Loomer
    President
    1221 W. Warner Rd., Suite 103
    Tempe, AZ 85284
    (888) 574-3341

    YO! Debit Card Network
    Sean Loomer
    President
    1221 W Warner Rd., Suite 103
    Tempe, AZ 85284
    sean@tranzbyte.com
    www.yomastercard.com

    American Green and Zazzz
    Stephen Shearin
    President
    1221 W Warner Rd., Suite 103
    Tempe, AZ 85284
    (480) 443-1600
    www.americangreen.com
    stephen@tranzbyte.com
    Twitter: @tranzbyte