PHOENIX, April 10, 2013 /PRNewswire/ -- Tranzbyte
Corporation (OTCPink: ERBB), announced today that will begin
distribution of its Automated Marijuana Vending Machine within
qualifying states and locales beginning next quarter.
Although some of the specific details of the machine's operation
must be kept under wraps for competitive reasons, the company has
been at work for the past year identifying and working with a
vending machine manufacturer that has the technological background
and capability to exclusively deliver the Altitude Organix
"Green Machine" – designed specifically to serve the
exploding cannabis industry in the 21st Century with a
complement of exclusively available Zazzz™
products coupled with state-of-the-art security enhancements.
(Photo:
http://photos.prnewswire.com/prnh/20130410/NE91927 )
Tranzbyte president, David
Gwyther, describes the operational design of the machine as
'an experience' rather than just another commonplace vending
machine transaction." The machine's technology will be
integrated with embedded radio frequency technology (RFID) produced
in association with Tranzbyte subsidiary, ProximaRF, who are
spearheading efforts to make the machine function for legally
qualified individuals only.
All interactions with "The Green Machine" are reported in real
time to Altitude Organix central headquarters so that machines can
be constantly monitored, refilled, or repaired when needed.
Since all machines are wired into the Altitude Organix
Network, video and data can be transferred to and from each
unit along with instant price adjustments in addition to other
proprietary capabilities.
Following the rollout of The Green Machine, the company plans to
make available to users a free companion iPhone and Android
program that will enable prospective users to operate equipped
machines directly from their phones, with their only interaction
being that they must reach down to pick up their chosen product in
the machine's delivery door.
According to Tranzbyte's president, David Gwyther, "It is important to keep many
details of our machine under wraps until the company is further
able to determine whether some of our machine's more creative
innovations are protectable. Shareholders can expect more news on
this subject in the months to come."
Continues Mr. Gwyther, "Unless you've been away on another
planet for the past several years, you couldn't help but notice
that the politics surrounding the use of cannabis-related products
in the US for medical and adult use is shifting toward acceptance
on the condition that the herb is regulated and taxed.
For the first time since cannabis was outlawed in the early
1900s, a majority of Americans favor the legalization, regulation,
and taxation of all marijuana products."
(http://www.usnews.com/news/newsgram/articles/2013/04/04/marijuana-legalization-supported-by-majority-in-us-poll-finds)
The company encourages all folks wishing to follow our progress
to visit the Tranzbyte website at www.tranzbyte.com and sign up to
receive our "Email Alerts" which are sent to interest-holders
periodically. Just click on the orange 'contact' button after you
arrive 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."
ABOUT TRANZBYTE
The Tranzbyte Corporation (www.tranzbyte.com) is a driving force
behind Altitude Organic Corporation. 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 their ERBB shareholders.
Last year, Tranzbyte acquired ProximaRF – a leading-edge company
that produces a line of products supporting leading-edge RFID
technology.
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 ALTITUDE ORGANIC CORPORATION
Altitude Organic Corporation is 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 has operated in California, Colorado, and Arizona. Altitude Organic Corporation is
currently targeting expansion through dispensary and caregiver
managed partnerships, as well as outright acquisition in
'for-profit' medical marijuana states. The company seeks to capture
market share in the fast growing, multi-billion dollar cannabis
industry. For more information,
visit www.altitudeorganix.com.
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.
Companies and Contacts:
David G. Gwyther , President
Tranzbyte Corporation
14220 N. Northsight Blvd., Suite
139
Scottsdale, Arizona 85260
480-443-1600
davidgwyther@tranzbyte.com
www.tranzbyte.com
Tranzbyte Corporation – Hong
Kong
Rm 308, 3/F, Kai Tak Commercial
Building
317-319 Des Voeux Road Central,
Hong Kong (SAR)
Altitude Organic Corporation
Brian J. Cook, Managing Director
14220 N. Northsight Blvd., Suite 139-A
Scottsdale, AZ 85260
briancook@tranzbyte.com
www.altitudeorganix.com
Victor J. Elias, President
ProximaRF Technology Holding Company
14220 N. Northsight
Blvd., Suite 139-B
Scottsdale, AZ 85260
888-364-3012
www.proximarf.com
SOURCE Tranzbyte Corporation