TEMPE, AZ--(Marketwired - Oct 5, 2016) - American Green, Inc. (OTC PINK: ERBB) is pleased to announce that its "reboot" of the American Green Machine has garnered the attention of partners and participants whose experience, merit, and previous successes will greatly enhance the anticipated rollout of the American Green Machine (V.3). As many of our longer-term shareholders have already noted, the United States (the world's largest vending market) has been slow to embrace "Smart" vending technology in all its forms. This hindered the company when it first introduced "smart" vending via the ZaZZZ machine but has enhanced American Green's opportunities during this 'market-acceptance lull' in the US because the technology incorporated into these sophisticated vending platforms and applications has been constantly improving and increasingly reliable.
Under an exclusive license from Pan Pacific international (the division that was spun out by American Green as a dividend to its shareholders several years ago), ERBB now has secured innovative, protected process patents, high-end biometrics used by companies such as Diebold to secure safe deposit boxes, distribution partners including some with worldwide footprints, an aftermarket machine manufacturer who is well-known and capable, and a software partner whose products are used in 35 countries today.
"For a business to be successful, it must constantly adjust to market conditions...especially in newly emerging market segments such as 'Verified Vending.' Unlike other businesses, verified vending is not 'settled science,'" said David Gwyther, chairman and acting president of American Green.
"We are now seeing the US market catch up with the rest of the world regarding our technology. I believe that Pan Pacific and American Green have made that wait come to an end... finally," says Lindel Creed of VendWeb (www.vendweb.com), American Green's machine engineering partner.
"We have worked hard and for many years to produce a truly effective and unique product in the smart vending market. There are many vending machines but very few that do what Vendron(tm) allows them to do. It has been embraced in many countries and the opportunity that American Green presents will allow us to go deeper into the US market," added Yong Khun Loh of Silkron (www.silkron.com). "Having a forward thinking partner that embraces what we've created and supports what we do is a win for both companies," he concludes.
Anybody wishing to learn more about the American Green Machine is encouraged to contact the company. The company welcomes any input or positive information that could improve users of the American Green Machine platform.
Be sure to visit the company's website at www.americangreen.com and sign up for the company's emails alerts to stay current on news.
Shareholders and interest holders may also stay current with American Green Updates:
Twitter: @American__Green (two underscores), or
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, Corp.
American Green, Corp. became one of the first publicly traded technology companies in the medical cannabis industry in the world, beginning in 2009, with the introduction of the ZaZZZ machine for automated, age-verifying dispensing of cannabis-based medicines. Now, with over 50,000 individual shareholders, American Green's mission is to be the cannabis & industrial hemp industry, seed-to sale innovator, leveraging our team of professionals, as well as value-added companies and products -- spanning cultivation, manufacturing and extraction, retail, and community outreach. We strive to develop sustainable businesses, while increasing shareholder value, and awareness beyond our industries.