SOURCE: Tranzbyte Corporation
TEMPE, AZ--(Marketwired - Mar 11, 2014) - Tranzbyte Corporation (OTC Pink: ERBB) (PINKSHEETS: ERBB) (http://www.bloomberg.com/quote/ERBB:US) announced today that with the release of its updated website later this month, it will also be unifying all aspects of what has been the Altitude Organix division under the new American Green™ brand. The first product to carry the America Green logo will be a specially designed atomizer made by Vapor Group, Inc. (OTCQB: SPLI) (http://www.vaporgroup.com). It, along with other proprietary products, will be for sale in the ZaZZZ machine. In addition, Beyond Mars™ (http://beyondmarsedibles.com) has agreed to be the first ZaZZZ preferred vendor which means that all applicable locations will feature their products and be part of the ZaZZZ product family.
"Our vision has always been to put the highest quality merchandise available into our ZaZZZ machines. In some cases, the product will be presented 'as is' from product manufacturers. Other products will be the result of a cooperative design effort between The American Green Division and the manufacturer and will be made available to consumers under a special license," says Stephen Shearin, Tranzbyte's chief operating officer. According to David Gwyther, Tranzbyte's president, "Working with The Vapor Group was an easy choice. Their smooth product lines and their popularity among consumers as a top-shelf product dictated our decision to sign on to their product line. We believe that this first test will be the beginning of a fruitful relationship."
Dror Svorai, President and CEO of Vapor Group states, "We are thrilled to have been picked by the innovative team behind American Green and Tranzbyte."
"Beyond Mars became an obvious choice once we met the company and learned more about them. Their mission, to be the #1 global resource for marijuana infused edibles and to strive to develop environmentally friendly, economically sustainable operations while increasing shareholder value is a big part of our mission as well," remarked Mr. Shearin.
"Finding and maintaining quality shelf space is part of the game in retail. Working with Tranzbyte affords this and the chance to engage with a forward-thinking tech company. The possibilities may have an end, but it's nowhere in sight," commented Ty Duffy, head of sales for Beyond Mars.
Tranzbyte is also pleased to announce that Mr. Ryan Hurley of the Rose Law Group has been hired corporate council regarding matters specific to the cannabis industry. Mr. Hurley is the chair of the Medical Marijuana practice group at Rose and was a founding member of the National Cannabis Industry Association. "Ryan is knowledgeable and highly respected in these circles and we count ourselves fortunate to have his expert guidance," said Mr. Gwyther.
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, 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 ALTITUDE ORGANIX
Altitude Organix became the first publicly traded medical marijuana dispensary brand in the world as Altitude Organix 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 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 (Q3/14), 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.