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SOURCE Tranzbyte Corporation
TEMPE, Ariz., Jan. 23, 2014 /PRNewswire/ -- Tranzbyte Corporation (OTC Pink: ERBB) announced today that it has named PARC (The Patient Alternative Relief Center –www.parcdispensary.com), a State Licensed Medical Marijuana Dispensary located in Phoenix Arizona, to become the first dispensary to carry their highly anticipated, age-verifiable ZaZZZ vending machine. PARC was voted the most favored Arizona Cannabis Provider in 2013 (http://tinyurl.com/PARCaward) by Leafly, one of the world's largest cannabis information resource (www.leafly.com).
Locating and awarding the opportunity to PARC as the first dispensary to carry the Altitude Organix ZaZZZ machine is a milestone for Tranzbyte. Finding an ideal location to serve up our cutting-edge products in the rapidly expanding medical and adult-use cannabis business was a very carefully made decision. Each dispensary location is unique to the regulations dictated by various controlling governing agencies. The sophisticated automated dispensary can be programmed in strict adherence to jurisdictional differences found not only from one state to another but also among each state's local municipalities. Keeping the ZaZZZ Automated Dispensary close to Tranzbyte's national headquarters was also a very important rollout consideration.
The Zazzz machine will offer specially selected products from the forthcoming ZaZZZ line in combination with high quality offerings chosen by the dispensary. "This holds very exciting potential for us here at PARC," says Jeff Schaeffer, the Executive Director at PARC. "With every passing day our business grows. We see Tranzbyte's ZaZZZ machine as a way to speed up sales for people who already know what they want. Because the machine can only be operated by authorized dispensary patrons, we expect it will allow our dispensary to rapidly expand its outreach footprint in the community when permitted to do so."
According to Tranzbyte president, David Gwyther, "This project has been at the forefront of our efforts for some time and seeing the ZaZZZ unit placed in our first location will be a landmark moment for our developing company. We are honored to activate our first ZaZZZ automated dispensary at PARC. We expect the arrival of our first machine within the next few weeks. Originally, our first automated dispensary was slated for delivery by the end of 2013. However, enhancements and refinements of the machine's capabilities in November and December caused Tranzbyte to roll back the arrival date about a month. Following rigorous and extensive on-site testing, the ZaZZZ Automated Dispensary is projected to be rolled out to dispensaries in every state where laws allow.
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 or click here to go there directly. 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 Organic Corporation, 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.
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 and other select locations who become 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.
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.
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