TEMPE, AZ and WINNIPEG, MB--(Marketwired - Feb 5, 2014) - Tranzbyte Corporation (OTC Pink: ERBB) (http://www.otcmarkets.com/stock/ERBB/quote) announced today that its automated dispensary manufacturing partner, Vending Design Works (http://www.vendingdesignworks.com) is getting ready to ship the first of its specially designed machines to Tranzbyte Corporation headquarters in Tempe, AZ. According to Vending Design Works General Manager, Don Rischuk, "We have built the vending machine of the 21st Century for Tranzbyte that includes proprietary customer identification, live 2-way interactivity, acceptance of a myriad of payment options including the ZaZZZ Card, Bitcoin, and, of course, cash. We are very of proud of what we've produced, and look forward to rolling out machines to locations authorized for their use."
Adds Stephen Shearin, Tranzbyte's new Chief Operating Officer, "Navigating uncharted waters is never an easy thing. We count ourselves very lucky to have a manufacturer as knowledgeable as Vending Design Works to work with. If it were as simple as 'plug and play,' everyone would have something as special as what we've produced, but it's not. I'm confident our partners and customers will be as elated as we are when they interface with the ZaZZZ machine."
Mr. Shearin joins the company after eight months working closely as a consultant in all facets of Tranzbyte business. He brings over twenty years of experience in getting projects to market and is no stranger to working with a public entity. He was president and CEO of GetNet Inc., the first privately held Internet backbone in the US and guided that company in its IPO in May of 1996. "Everything I've done has dovetailed perfectly to provide me with the experience and tool set to build value into the Tranzbyte organization. I'm very excited to work with this team."
David Gwyther, Tranzbyte's president, adds, "With the addition of Mr. Shearin, we are able to add layers of experience and accountability to our team. I'm much honored that he has accepted the position of Chief Operating Officer."
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.
The Tranzbyte Corporation (www.tranzbyte.com) is a driving force behind Altitude Organix, OneBode, The YO! Debit Card, ZaZZZ, 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 that recognized the need for supplements to complement 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. 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. The Company's newly acquired YO! Debit Card is currently being 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.
ABOUT PROXIMA RF 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.