Tranzbyte and ATTBF Sign Letters of Intent Creating Strategic
Production, Sales, and Distribution Partnership
TEMPE, AZ--(Marketwired - Mar 21, 2014) - Tranzbyte Corporation
(OTC Pink: ERBB)(PINKSHEETS: ERBB)
(http://www.bloomberg.com/quote/ERBB:US) announced today that it
has signed a Letter of Intent to form a strategic partnership with
Abattis (OTC Pink: ATTBF)(PINKSHEETS: ATTBF) (CSE: ATT)
(http://www.bloomberg.com/quote/ATTBF:US) to sell, market or
otherwise license one another's products in their respective
regions. Once the arrangement is completed, Tranzbyte will have
access to Abattis's expanding suite of bio-ceutical grow products
found in the Biocube Green Grow Systems for cultivation (LED's,
Nutrients - Natures Juice). In addition Abattis owns
proprietary flash freeze extraction technology, which produces
high-grade cannabis and other botanical extracts. Conversely,
Abattis will have the Canadian rights to distribute ZaZZZ™ and will
pair Tranzbyte's Jurassic O2 water systems with its Biocube Green
Grow Systems sales efforts in the US.
"When one looks at the obvious NAFTA synergy, this
relationship makes all the sense in the world. Abattis is a
powerhouse in Canada; we are stronger in the US. From
cross-promotion to extended sales and marketing, the opportunities
that will be created with the two companies working together will
be nothing short of phenomenal," says Stephen Shearin, Tranzbyte
COO.
According to David Gwyther, Tranzbyte's president, "I am very
impressed with Abattis's commitment to the research, development,
and marketing capability they've shown involving their proprietary,
natural health and wellness solutions which address chronic
illnesses through targeted nutritional support and, thus, fit
perfectly into Tranzbyte's future plans. Working together leverages
our collective visions for this vast and expanding
marketplace."
In addition, Abattis owns flash-freeze extraction
technology that produces the highest grade flower extract which is
in high demand today. Conventional extraction methods require heat
and solvents which can increase liabilities for dispensaries who
extract on-site. The Northern Vine cold press extraction owned by
Abattis is exactly what the industry needs to fulfill patient
orders in a clean safe manner. "This offers dispensaries and
growers a complete end-to-end solution of cutting-edge grow
technologies and plant analysis," comments Mike Withrow, CEO of
Abattis. "In addition, with the rights to the ZaZZZ™ automated
vending opportunity as the regulatory climate evolves in Canada, we
open up a lot of growth potential. Merging the efforts of the
leading companies in each country should build real shareholder
value for each company."
In other news, the medical and social marijuana division,
formally, Altitude Organix, is changing to American
Green™. The company has purchased both domain and trademark
rights to the name. Its new logo (below) has been designed to
evoke a time before prohibition, when hard working people had more
leeway in their choice of medicine and their pursuit of happiness.
American Green™ is carrying on the American Dream.
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. Mobile users can
also sign up by navigating to the company's website on their
android smart phone or iPhone."
Also, shareholder and other interest-holders may track the
progress of the pending delivery of our fully automated ZaZZZ™
Machine by following us on Twitter @Tranzbyte or @American__Green
(two underscores.)
ABOUT TRANZBYTE
The Tranzbyte Corporation
(www.tranzbyte.com) is a driving force behind Altitude
Organix, 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 ABATTIS BIOCEUTICALS
CORP.
Abattis is a specialty
biotechnology company with capabilities through its wholly owned
subsidiaries of cultivating, licensing and marketing proprietary
ingredients, bio-similar compounds, patented equipment and
consulting services to medicinal markets in North America. The
company is positioned to capitalize on the fast growing trend
toward marijuana legalization in the United States and for
medicinal use in Canada and international jurisdictions by
supplying and partnering with companies to employ its vertical
cultivation systems, extraction equipment/technology, and strategic
marketing support to licensed growers. The company also has an
extensive pipeline of high-quality products and Intellectual
Property for the rapidly expanding botanical drug market. We follow
strict Standard Operating Protocols and adhere to the Law's of
Canada and Foreign Jurisdictions. For more information, visit the
Company's website at www.abattis.com.
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 Organix became the
first publicly traded medical marijuana dispensary brand in the
world as Altitude Organix 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 ZaZZ 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 (Q3/14), the company has plans to
increase its network of global distributors and value-added
resellers with plans to incorporate the technology as a tracking
system for legal marijuana movements. 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: Tranzbyte Corporation David G. Gwyther
President 1221 W Warner Rd Suite 103 Tempe, AZ 85284 480-443-1600
davidgwyther@tranzbyte.com http://www.tranzbyte.com Tranzbyte
Corporation - Hong Kong Mr. John Martin Managing Director Rm 802,
8/F, Kai Tak Commercial Building 317-319 Des Voeux Road Central,
Hong Kong (SAR) One Bode, International Sean Loomer President 1221
W. Warner Rd., Suite 103 Tempe, AZ 85284 (888) 574-3341 YO!
Debit Card Network Sean Loomer President 1221 W Warner Rd., Suite
103 Tempe, AZ 85284 sean@tranzbyte.com www.yomastercard.com
Altitude Organix, American Green and Zazzz Stephen Shearin Chief
Operating Officer 1221 W Warner Rd., Suite 103 Tempe, AZ 85284
(480) 443-1600
stephen@tranzbyte.com Twitter: @tranzbyte
Abattis Bioceuticals (CE) (USOTC:ATTBF)
Historical Stock Chart
From Nov 2024 to Dec 2024
Abattis Bioceuticals (CE) (USOTC:ATTBF)
Historical Stock Chart
From Dec 2023 to Dec 2024