SOURCE: Ubiquitech Software Corp.

March 07, 2016 08:30 ET

Ubiquitech Strong 2015 Sales Lead to New Expanded Distribution Opportunities

DENVER, CO--(Marketwired - Mar 7, 2016) -  Ubiquitech Software Corp. (www.ubiquitechsoftware.com) (OTC PINK: UBQU), through its operating subsidiary HempLifeToday.com, known for developing the purest and most potent CBD Hemp derived products available and developer of the proprietary CBD brand CannazALL, recently reported its fiscal year 2015 results. The company's revenue expanded to over $3,000,000, and Ubiquitech also transitioned to profitability year over year.

Ubiquitech expects continued improvement in both gross margins and profitability as its new affiliate program takes hold. In its first quarter of 2016, the company has taken measures to solidify its position as a leader in online sales of CBD oil products through its proprietary CBD brand CannazALL. Ubiquitech anticipates that investments made during the first quarter for the build of its affiliate program will propel the company toward its 2016 sales goal of $10,000,000. Ubiquitech anticipates significant margin improvement as it continues to generate increased revenues with a lower cost structure.

"This investment made during our first quarter is another integral step toward achieving our 2016 revenue and profitability goals," said Tim Zorn, CEO of HempLife Today. "Our vision is clear and our focus strong as we continue to execute our business plan."

About Ubiquitech

Ubiquitech Software Corp., through its subsidiaries is a dynamic multi-media, multi-faceted corporation utilizing state-of-the-art global internet marketing, Direct Response (DRTV) Television, Radio, and traditional marketing, to drive traffic to the new and emerging multi-billion dollar industries like its subsidiary HempLifeToday.com™

HempLifeToday™ focuses on the exciting and dynamic new thinking in the world today that recognizes the important health and life enriching enhancement that CBD Oil from the Hemp plant can bring. Through its network of quality USA growers HempLifeToday.com™ has developed four CannazALL™ CBD oil products that include its popular CBD Tinctures, Oils, Capsules and e-liquid.

This press release contains forward-looking statements. Words such as "expects", "intends'', "believes'', and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, the ability to secure additional sources of finance, the ability to reduce operating expenses, and other factors described in the Company's filings with the OTC Markets Group. The actual results that the Company achieves may differ materially from any forward-looking statement due to such risks and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact Information