DENVER, CO--(NewMediaWire - Jan 13, 2016) -
Ubiquitech Software Corp. (www.ubiquitechsoftware.com) (OTC
PINK: UBQU), an International Technology and Services
company that owns the division HempLife Today™ (www.hemplifetoday.com), is announcing year end
highlights for 2015 as well as its exciting news and plans for
2016.
"We are thrilled with what we accomplished in
2015," said Tim Zorn, CEO of HempLife
Today, "and our plans for 2016 are bigger and better than
anything we did last year. This will keep us on our upward
growth path and continue to establish us as the leader in our
industry."
In 2015 HempLife Today™ grew exponentially and established
itself as the leader in online sales of CBD Oil derived from
Hemp. Gross sales for 2015 exceeded $3,500,000 (before
discounts) for its proprietary brand of CannazALL™ CBD products.
This includes its popular Tinctures, Oils, Vape Oils and Combo
Packs.
Final sales figures for fiscal year 2015 are expected to be
reported by the end of the month. The Company has also test
marketed various new products and will be adding several items to
the HempLife Today™ product offering in 2016.
In addition, HempLife Today™ added more than 15,000 new
customers to its growing customer base in 2015.
For 2016 HempLife Today™ has even bigger plans. Including, but
not limited to:
- A name and symbol change that will better reflect the nature of
the Company's business and be more identifiable.
An advertising budget substantially larger than in 2015.
A new referral and affiliate program that will reward the current
15,000 customer base for assisting the Company in spreading the
word about its products and acquiring new customers.
A robust wholesale division to help put CannazALL™ products in
retail outlets nationwide as well as internationally.
New products, including CBD Capsules, a CBD topical skin cream, and
new flavors for currently offered Tinctures.
New marketing concepts and partnerships to ensure the growth of
HempLife Today.com, HempLife™, and the CannazALL™ brands.
With more and more news stories covering the potential health
benefits of CBD oil, and more states opening up to Medical
Marijuana legalization, legal CBD from Hemp is garnering more
publicity as well, and HempLife Today™ plans to continue to
capitalize on this ever growing trend.
Public demand for (non-psychoactive) phyto-cannabinoids rich in
CBD (Cannabidiol) has exploded, since their health benefits were
dramatized publically on shows like the very popular CNN
documentaries hosted by Dr. Sanjay Gupta, and hemp is the obvious
choice for this purpose as oil extracted from hemp does contain
high quantities of (non-psychoactive) phyto-cannabinoids.
"While Medical Marijuana is great and has many benefits, we
will continue to stay solely on the legal in all 50 states Hemp
side of the CBD industry," said James Ballas, CEO of
Ubiquitech Software. "Because of this, and because of our
exponential growth and marketing power, it is our position that our
2016 sales can be double or triple what we did in 2015 with
HempLife Today."
With a current customer database of over 15,000, and the
marketing and expansion plans in place for 2016, HempLife Today™
believes it can increase its customer base by 200% - 300% in 2016
to 30,000 - 50,000 customers. Coupled with a greater than 25%
customer repurchase rate, the Company expects a significant
increase in revenues and profits in 2016.
"Of our current customers in 2015 we experienced an
approximate 25% repurchase rate from first time buyers, and an
almost 75% repurchase rate from second time buyers," said
Mr. Zorn. "This means that our customers like our
products, benefit from them and continue to use them. This kind of
customer is more apt to refer others to our products."
About Ubiquitech Software Corp.
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. HempLifeToday.com™
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. HempLifeToday.com™ has
developed two award winning lines of CannazALL™ CBD Oil.
The first line is the purest CBD available, our domestic blend
grown in Colorado, USA, which is a premium Hemp strain approved by
the Colorado State Agriculture Department. The second line is our
European CBD which are grown with non-GMO plants at specific
latitudes in specially chosen locations of Northern Europe.
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.