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."
ABOUT TRANZBYTE
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.
SOURCE Tranzbyte Corporation