PHOENIX and DENVER, March 30, 2012 /PRNewswire/ -- Altitude Organic Corporation (OTC:PK ERBB), a subsidiary of Tranzbyte Corporation, announced today that it has added Altitude Organic Medicine - Colorado Springs to its growing network of dispensaries participating in AOC's exclusive Zazzz™ counter space co-op program.
As a Zazzz™ network affiliate, dispensaries can earn equity in Altitude Organic Corporation in exchange for hosting and selling selected, premium consumer products contained within the Zazzz proprietary modular product display. The display will feature only the unique products Altitude Organic feels will be tremendously popular among dispensary clientele. The company is currently examining and testing products from around the world and is planning to announce its Zazzz product line this quarter.
By building performance-based equity, dispensary affiliates in the Zazzz Network share in the success of both Zazzz and Altitude Organic Corporation while simultaneously enhancing customer product offerings. "The Zazzz Network is unique because it allows Altitude Organic to potentially develop a sales presence for our product line within hundreds of medical cannabis dispensaries around the country while simultaneously allowing each dispensary owner to earn a stake in the success of the program," says Brian Cook, Altitude Organic's president.
Shareholders can expect more news soon regarding newest Zazzz™ dispensary affiliates as they sign onto the Network. Quality dispensaries interested in learning more about becoming a Zazzz affiliate may contact Altitude Organic by contacting the company's president, Brian Cook, through email ([email protected]) or by phone at AO headquarters - (480) 443-1600.
ABOUT ALTITUDE ORGANIC CORPORATION
Altitude Organic Corporation www.altitudeorganix.com provides business support services to independently-owned retail dispensaries in states that have approved the use of medical cannabis. AOC continues to drive innovation in the industry through its dispensary management services, point-of-sale and inventory management technologies, Zazzz™ unique retail product lines, and an ever-growing family of brands designed to meet the demands of the burgeoning medical cannabis industry. Visit http://www.altitudeorganix.com today.
ABOUT PROXIMARF AND APPLIED RFID
Founded in 2006, Applied RFID and its operating subsidiaries, 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.
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.
The Tranzbyte Corporation now becomes a driving force behind Altitude Organic Corporation. 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." Subsidiaries that can qualify to become public on their own, agree to carve out shares in their newly registered public company for Tranzbyte and their ERBB shareholders.
In February 2012, Tranzbyte acquired ProximaRF – a leading-edge company that produces a line of products supporting leading-edge RFID technology.
Tranzbyte also houses the company's 8-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.
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.
Company and Contact:
David G. Gwyther, President
14220 N. Northsight Blvd., Suite 139
Scottsdale, Arizona 85260
Victor Elias, President
ProximaRF Technology Holding Company
14220 N. Northsight Blvd., Suite 139
Scottsdale, AZ 85260
SOURCE Tranzbyte Corporation