LAS VEGAS, NV / ACCESSWIRE / February 26, 2015 / MediaTechnics Corporation (OTC:PK MEDT) and American Green (OTC:PK ERBB) have reached an agreement outlining a joint venture designed to generate revenues and increase market control for both companies. MediaTechnics’ wholly-owned subsidiary, Evergreen Systems Incorporated, has nearly completed development of BlazeNow(TM) (www.blazenow.com), a suite of mobile apps for the iOS (Apple) and Android operating systems engineered to provide product and location-specific advertising as well as a mutually beneficial consumer review system for dispensaries, doctors and delivery services to the burgeoning legal cannabis industry. The target release date is April 20, 2015. MEDT has also made unique developments in the science behind indoor cultivation lighting which American Green plans to adopt, complete, and take to market as a joint initiative. In addition, the company is planning a unique call center focused on the legal cannabis market and will be selling American Green products on a revenue sharing basis.
“As part of a consulting team that has turned several failing dispensaries into market leaders, I understand the hardships that the pioneers of this industry face every day. We are here to support our fellow pioneers.” says Jeremy Carr, president of MediaTechnics Corporation. “While developing BlazeNow(TM) we prioritized the user experience of the dispensary as well as the consumer and intend to provide a far superior experience than the competition. We are genuinely pleased to have found a team at American Green who are as passionate about the industry as we are and who has already established themselves as a market leader.”
“The magnitude and ground-breaking nature of ZaZZZ has forced us to keep our focus primarily on its ongoing development. Nevertheless, the need for a great app that can be seamlessly integrated with American Green’s ZaZZZ Network is no secret. We believe that BlazeNow(TM) will close the loop, not just for pre-orders at ZaZZZ, but also allow American Green to participate in the ordering and home delivery of products for consumers who are best served by such a network,” says Stephen Shearin, president of American Green. “I also believe that MEDT has some next-generation technology that will enhance our Truth Lighting overall and jumpstart a sales mechanism expected to provide both companies additional sales and marketshare. It’s a great union that has been forming for several months, and we’re glad to see it come to fruition. We’re also very excited about the opportunities created by the BlazeNow(TM) smart phone application in that this venture amplifies American Green’s ability to drive customers to our ZaZZZ machines. We expect this innovative application to increase revenues, not only for our company but for our participating dispensaries, not to mention an expected increase in machine leasing and vended sales revenues of our ZaZZZ units.”
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About MediaTechnics Corporation
MediaTechnics Corporation (OTC Pink: MEDT) (http://www.bloomberg.com/quote/MEDT:US) and our portfolio companies specialize in providing ancillary products and services to the medical and recreational Cannabis industries. Our management will utilize industry experience to target the areas of the market with the highest profit potentials. We believe in the future legitimacy and profitability of the industry based on recent studies showing bi-partisan support and demand of Cannabis. We believe that Cannabis provides a healthier alternative to conventional pharmaceutical and recreational drugs and will play an important role in the future of our country’s health care. We are determined to be a dominant force in defining this emerging market.
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Twitter: @American_Green (two underscores)
About American Green
American Green (OTC Pink: ERBB) (http://www.bloomberg.com/quote/ERBB:US) is a technology company that enables businesses through innovative solutions and products, with a focus on the cannabis sector. Formally Altitude Organix, American Green became the first publicly traded medical marijuana dispensary brand in the world. Since 2009, the company has developed retailing, branding, and commercial cultivating strategies with its licensed medical marijuana retail dispensaries operating under the Altitude Organic Medicine brand. The Company has developed an “automated dispensary,” called the ZaZZZ machine, which will offer the company’s proprietary products to qualified adults in the US and around the world under its “American Green” brand. Besides the ZaZZZ machine, the company has several media properties, a cultivation division including Jurassic water, and is constantly in development of new opportunities.
The Tranzbyte division of American Green will continues its plan to acquire, hold, or spin out successful divisions in what has been described as “dividend farming,” Companies that qualify and decide to become public will agree to carve out shares for the company and dividends for their ERBB shareholders. This division also houses the company’s 10-year-old technology divsion, which is actively engaged in the sale of its optical media enhancement products to potential customers in the US and Asia. Products in this division include FLASHAlbum(TM) and FlixStix – technologies that the company plans to be incorporated into its 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.
Companies and Contacts:
Companies and Contacts:
American Green, Inc.
Mr. Has Uyar
1221 W Warner Rd, Suite 103
Tempe, AZ 85284
SOURCE: MediaTechnics Corporation