Altitude Organic Corporation: Arizona Fires the Starting Gun and Announces the State Will Begin Accepting Medical Marijuana Dispensary License Applications on May 15th
PHOENIX and DENVER, April 13, 2012 /PRNewswire via COMTEX/ --
Altitude Organic Corporation, (ERBB:OTC:PK) a subsidiary of Tranzbyte Corporation, announced today that Arizona's head of the Department of Health Services has given the go-ahead for accepting medical marijuana dispensary licenses in Arizona between May 14th and May 25, 2012.
According to DHS Chief, Will Humble, "The tumblers have clicked, and the race to apply for a dispensary is on. Our revised rules for regulating Medical Marijuana were filed and became official today - and we'll be accepting applications for Medical Marijuana Dispensary Registration Certificates from May 14 through May 25." (http://directorsblog.health.azdhs.gov/?p=2479)
"This is fantastic news for Altitude Organic and our dispensary applicants-in-waiting," says Brian Cook, President of Altitude Organic Corporation. "We are prepared to assist all of our Altitude Organic affiliates in preparing their state dispensary applications and in helping them to launch their future dispensaries in Arizona."
Tranzbyte corporate president, David Gwyther, is equally effusive when talking about the launch of the dispensary application process. "The growing legitimacy of the burgeoning medical cannabis industry in the US cannot be denied. Brian Cook and Altitude Organic lead the field in their ability to put forth progressive marketing scenarios designed to capture a significant market share of dispensary customers in Arizona."
Shareholders can expect more news regarding the Altitude Organic affiliate's progress as they navigate through the dispensary acceptance process.
ABOUT ALTITUDE ORGANIC CORPORATION
Altitude Organic Corporation www.altitudeorganix.com provides independently-owned retail dispensaries in Colorado , California , and Arizona business support services, while also acting as a one-stop-shop for entrepreneurs looking to enter the burgeoning, multi-billion dollar industry of legal cannabis. Altitude Organic Corporation has launched its new management company strategy in Arizona. The company can manage, staff, consult, and provide uniquely branded products and concepts to medical marijuana dispensaries using a limited liability agreement. The company also sells horticulture equipment via its partnership in Sundance Hydroponics (http://www.sundancehydroponics.com/). Visit http://www.altitudeorganicmedicine.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," Companies that qualify and decide to become public on their own will agree to carve out shares 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(TM) and FlixStix(TM) -- 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 , PresidentTranzbyte Corporation14220 N. Northsight Blvd., Suite 139Scottsdale, Arizona 85260480-443-1600 email@example.com
Brian J. Cook, PresidentAltitude Organic Corporation14220 N. Northsight Blvd., Suite 139Scottsdale, AZ firstname.lastname@example.org
Victor Elias, PresidentProximaRF Technology Holding Companywww.proximarf.com
ProximaRF Corporate Office:14220 N. Northsight Blvd.Scottsdale, AZ 85260480-443-1600
SOURCE Altitude Organic Corporation
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