DENVER, CO--(NewMediaWire - Oct 26, 2016) - Ubiquitech
Software Corp. (OTC PINK: UBQU), with pending symbol and name change to
HempLife Today™, and the management of HempLife Today™, are
offering this update on the company's new Corporate structure which
will further enable the company to broaden its awareness in the
potential 2.1 billion dollar CBD industry.
It is estimated that CBD derived from Hemp will be 450 million
dollars or more of the overall CBD market. The Company believes
that as awareness of legal CBD derived from the Hemp plant expands,
the reach of this more easily accessible product could outperform
CBD sourced from medical marijuana, thus making CBD sales from Hemp
even higher than estimated.
HempLife Today™ is firmly positioned to cast a wide net into the
vast ocean of people seeking CBD by providing them a viable CBD
product that is legal and available in all 50 states.
Name and symbol change: The vote (by the
Company) to change the name of the company to HempLife Today™ has
been announced and corporate council has completed the legal work
to transfer the corporate items over to HempLife Today™ The Company
wants shareholders to know that the new name and symbol change
involved a lot more legal filings than the average name change and
that everything has to be done in the correct stage and properly
filed. In addition, everything is being done by corporate legal
counsel to expedite the name and symbol change as quickly as
possible.
New corporate structure:
James Ballas, the former CEO of Ubiquitech Software Corporation,
will now take the helm as the CEO of HempLife Today™ James brings
an extensive background of over 30 years of marketing and has been
featured in over 200 radio, television, and Internet commercials,
Infomercials, and presentations. His expertise in advertising and
marketing helps give HempLife Today™ the edge over its
competitors.
Tim Zorn, the former CEO of HempLife Today™ moves to the role as
President. Mr. Zorn's expertise in the health and fitness industry
also goes back over 30 years and Mr. Zorn also has extensive
experience in management, fulfillment, and operations of large
corporations. With a total commitment to excellence, Tim is the
perfect member of our team for his new position.
Luke Dreyer will continue as COO and also oversee all of the
company's exponential technical growth. With Mr. Dreyer continuing
in this role the company is assured of the most up to date Internet
and technical marketing. Including overseeing...all Web
development, Internet advertising, Affiliate marketing, data
management, and more.
Divisions:
The following (Former divisions of Ubiquitech Software
Corporation) will not be under the new HempLife Today™ umbrella and
are being spun out of the company with potential proceeds going
back to the company.
Blue Crush Marketing Group:
MyCashBuilder.com
FusionFundraiser
International Fortune
All personnel, intellectual property and assets of Blue Crush
Marketing Group, are being migrated into HempLife Today™ and will
operate under the HempLife Today™ umbrella acting as the in-house
marketing arm of HempLife Today™ The company believes this gives
HempLife Today™ and the CannazALL™ CBD brand the additional
marketing force to continue to position the brand for
growth.
"We want our shareholders to know that we are now 100%
committed to HempLife Today only," said James Ballas,
CEO, "and that all of our efforts, our personnel, and our
talents are focused on making this company the biggest and best it
can be."
"With our new corporate structure we are set up to really
expand the HempLife Today and CannazALL brands," adds Tim
Zorn, President. "There has been an incredible amount of
work done to bring us to this point but we are ready for 2017 and
to have our best year ever."
HempLife Today™ poised to take advantage of the 2.1B
dollar CBD Industry
According to recently published industry data CBD (Cannabidiol)
products, are growing exponentially with estimates that total sales
could reach 2.1 billion by 2020, and have a compound annual growth
rate of 59%. HempLife Today™ has the products, the personnel, the
funding, and the vision to continue to keep its CannazALL™ line of
USA grown and formulated CBD products as an industry leader,
further tapping into the growing, multi-billion dollar hemp and CBD
industry.
About Ubiquitech (HempLife Today™)
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 multiple and proprietary CannazALL™ CBD oil products that
include; It's popular CBD Tinctures, Oils, GelCaps, CBD Powder,
Skin Salve, Wax Crumble, and e-liquid, all offered @ www.HempLifeToday.com
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.