iTalk: Inks M2M Medical Marijuana Distribution Deal
April 22 2014 - 10:00PM
iTalk, Inc. (TALK) a global provider of advanced communications and
mobile broadband services and the
Tranzbyte
Corporation (OTC Pink:ERBB) (PINKSHEETS:ERBB) announced
today that it has signed a distribution agreement for the iTalk
premier cloud connectivity solution "CloudTalk".
CloudTalk is the medical marijuana dispensary
industry's first ultra-secure connectivity to the cloud for vending
machines and credit card processing, which is critical to creating
a secure operational environment for these processes. Next
generation products will include biometrics, machine virtualization
and ultra-secure storage and access solutions. The need for
ultra-secure connectivity to alternative medical dispensary
machines has never been greater; the CloudTalk is the only product
that specifically targets these specialized vending machines and
processes. Next Generation Biometric Market worth $23.54 Billion by
2020.
"Tranzbyte is a premier alternative technology company whose
product ZaZZZ(tm) facilitates legal sale and dispensation of
age-controlled products. When we can enhance our technology with
ultra-secure connectivity that enables worry free ecommerce
processes in an environment where consumer data security concerns
are at an all-time high, it is important to choose the right
partner. iTalk's new CloudTalk is the product that stands out ahead
of the rest," stated Stephen Shearin, Chief Operating Officer for
Tranzbyte.
"We have chosen an innovator in the alternative medical space to
launch the distribution of CloudTalk. We are excited to be working
with an industry giant such as Tranzbyte. Our secure mobile
connectivity solution, 'CloudTalk', mitigates consumer risks
associated with mobile computing, m-commerce and smart OS-enabled
devices which will allow for ultra-secure medical marijuana
purchases without the risk or exposure of consumer data," stated
David F. Levy, iTalk CEO.
About iTalk
iTalk, Inc. (OTCQB:TALK) is a publicly traded global provider of
advanced communications and mobile broadband services. The Company
utilizes innovative and disruptive technologies, including
Voice-over-IP (VoIP), nationwide 3G/4G mobile broadband networks,
smartphones, and mobile applications ("apps") to offer consumers
the highest-quality low-cost no-contract alternatives to voice,
data, and mobile services from major national carriers. Through our
access to an extensive network, iTalk is able to offer nationwide
voice and data coverage to 280 million people in more than 12,900
cities. For further information, visit www.italkmobility.com.
ABOUT TRANZBYTE
The Tranzbyte Corporation (www.tranzbyte.com) is a driving force
behind American Green, 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 the company plans to be incorporated into the Company's ZaZZZ
Machine while enabling distributors of optical media (CDs, DVDs,
etc.) to consolidate the best features of each medium onto a single
content-protected USB flash drive.
ABOUT AMERICAN GREEN
American Green, formally Altitude Organix, became the first
publicly traded medical marijuana dispensary brand in the world as
American Green Corporation. 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. While the Company is no longer associated with the
Altitude Organic Medicine outlets in Colorado, it has spent the
last year developing an "automated dispensary" that will offer the
company's proprietary products to qualified adults in the US and
around the world under its "American Green" brand. The Company's
newly acquired YO! Debit Card has been rebranded as "ZaZZZ" for use
in its proprietary machines and will be accepted at participating
dispensaries and other select locations who become members of the
ZaZZZ Network.
Disclaimer/Safe Harbor: Statements about the Company's future
expectations and all other statements in this press release other
than historical facts, are "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, Section 21E
of the Securities Exchange Act of 1934, and as that term is defined
in the Private Securities Litigation Reform Act of 1995. The
Company intends that such forward-looking statements be subject to
the safe harbors created thereby. The above information contains
information relating to the Company that is based on the beliefs of
the Company and/or its management as well as assumptions made by
and information currently available to the Company or its
management. When used in this document, the words "anticipate,"
"estimate," "expect," "intend," "plans," "projects," and similar
expressions, as they relate to the Company or its management, are
intended to identify forward-looking statements. Such statements
reflect the current view of the Company regarding future events and
are subject to certain risks, uncertainties and assumptions,
including the risks and uncertainties noted. Should one or more of
these risks or uncertainties materialize, or should underlying
assumptions prove to be incorrect, actual results may vary
materially from those described herein as anticipated, believed,
estimated, expected, intended or projected. In each instance,
forward-looking information should be considered in light of the
accompanying meaningful cautionary statements herein. Factors that
could cause results to differ include, but are not limited to,
successful performance of internal plans, the impact of competitive
services and pricing and general economic.
CONTACT: iTalk, Inc
David F. Levy / CEO
marketing@italkmobility.com
Tranzbyte Corporation
David G. Gwyther/ President
davidgwyther@tranzbyte.com
http://www.tranzbyte.com
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