TEMPE, AZ--(Marketwired - Sep 4, 2013) - Tranzbyte Corporation (OTC Pink: ERBB) announced today that its wholly-owned subsidiary, OneBode Holdings, will purchase OneBode Internacional, a marketing company that specializes in delivering popular products to the Hispanic population throughout the Western Hemisphere.
According to Sean Loomer, OneBode's president, "The growing acceptance of OneBode's line of organic nutraceutical supplements will now include the Hispanic populations within the US, Mexico, Central America, and South America. This is exactly the platform that OneBode needs to popularize its full line of organic, nutritional supplements throughout the Hispanic world. Our ability to expand in this manner was made possible by our relationship with Tranzbyte Corporation and the growing popularity of our high-quality product line."
In other news this past week, the Attorney General of the US, Eric Holder, announced that The Justice Department on Thursday said it would not sue to block laws legalizing marijuana in 20 states and the District of Columbia, a move that proponents hailed as an important step toward ending the prohibition of the drug. David Gwyther, Tranzbyte's president, says "This is a landmark decision on the part of the Federal Government and I believe it will pave the way for the full legalization of both medical and adult use of marijuana. The Justice Department's decision will affect all areas of commerce surrounding the plant's sale including banking, merchandising, trademarking, and patenting. Tranzbyte is eyeing a myriad of new opportunities that, until this landmark decision last week, were not open to it. I think it's been a great week for our country and Tranzbyte." Click the link below to read the story.
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The Tranzbyte Corporation (www.tranzbyte.com) is a driving force behind Altitude Organic Corporation, One Bode, The YO! Debit Card, and ProximaRF. 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.
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 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. The Company is 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 converted for use in its proprietary machines and will be accepted at participating dispensaries who are members of the Altitude Organix 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.
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.