SOURCE: Tranzbyte Corporation
TEMPE, AZ--(Marketwired - Mar 4, 2014) - Tranzbyte Corporation (OTC Pink: ERBB) (http://www.otcmarkets.com/stock/ERBB/quote) announced today that after several successful tests in California, the Altitude Organix division (which includes the ZaZZZ machine) has begun an official test with Bloom Dispensaries (http://www.bloomdispensary.com). The proprietary technology has been in use in a variety of applications for over four years including Canadian grows and organic farms in both countries. The technology dramatic increases the parts per million of oxygen in water and has several benefits including reductions in grow time and increases in yield.
"Results of the early testing on marijuana grows have been spectacular and have borne out our claims," states Dr. Mayur Dev, the company representative assisting in setting up the tests. "We are excited to more formally demonstrate the positive impact of our technology to an industry leader like Tranzbyte." A second, larger controlled test began on March 2 in California. Based on the results of preliminary tests, Tranzbyte executed a Letter of Intent on February 12, 2014, to license this patent-pending technology for distribution throughout the marijuana growing industry in the US. We are in the process of negotiating a formal Licensing Agreement with the owners of the technology pending the results of the tests which began in Phoenix and California last weekend.
"Basically we re-create atmospheric conditions from prehistoric times. Think: the Jurassic era. Think of accomplishing the mythological 'fifth grow.' This serves to increase product availability and adds profit straight to the bottom line for the grower," says Stephen Shearin, Tranzbyte's chief operating officer. "An apparent side benefit is that several common pests associated with grow operations don't seem to favor the higher O2 environment. It was an unintended consequence of the process, but it could be as big a feature as achieving radically increased growth. Most states are 'seed to sale' -- meaning every group we talk to about ZaZZZ is also a candidate for the AO water," Shearin concludes.
"Bloom Dispensary's first priority is always how to best serve the needs of our ever-growing patient population. We are regularly approached by people promising grand opportunities -- few if any, pan out. After seeing the results of the informal California test and speaking with the engineers, we are excited to test the AO watering apparatus. Bloom Dispensary currently serves over 10,000 of Arizona's medical marijuana patients with their 3 retail locations. Anything that will allow us to do that more safely or effectively is always worth exploring," says Lezli Engelking, Executive Director Bloom Dispensary, Phoenix. Please direct all queries to firstname.lastname@example.org. Please do not call the retail locations for information regarding the AO water test referenced in this press release.
Tranzbyte encourages all folks wishing to follow the progress of Tranzbyte, Altitude Organix, and its other subsidiaries and divisions to visit the Tranzbyte website at www.tranzbyte.com and sign up to receive our 'Email Alerts' which are sparingly sent to interest-holders periodically. Just click on the orange 'contact' button after arriving at the company's website. Mobile users can also sign up by navigating to the company's website on their android smart phone or iPhone."
The Tranzbyte Corporation (www.tranzbyte.com) is a driving force behind Altitude Organix, 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 enable distributors of optical media (CDs, DVDs, etc.) to consolidate the best features of each medium onto a single content-protected USB flash drive. Incorporation of FlixStix content within the Zazzz automated dispensary is anticipated.
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 ALTITUDE ORGANIX
Altitude Organic Corporation became the first publicly traded medical marijuana dispensary brand in the world. 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. The Company's newly acquired YO! Debit Card is currently being 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 ZaZZ 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, the company has plans to increase its network of global distributors and value-added resellers. 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.