CAVE CREEK, AZ–(Marketwired – Mar 24, 2015) – Endexx Corporation (OTC PINK:EDXC) a provider of innovative medical marijuana management and technology solutions, is pleased to announce its first international lease contract in Vancouver, Canada. The Autospense™ unit has shipped after being customized to the Canadian customer’s requirements. The location and customer will be announced at their Grand Opening. The Autospense™ unit has been upgraded to manage international credit/debit card transactions specific to Canada. The new credit card system will be available to all United States units in the future as permitted by law in each jurisdiction.
The lease contract is a for a three year term. The client has indicated its intent to expand up to four to eleven units in both dispensary and clinical settings upon proven performance and market acceptance in their region. Endexx continues to develop its systems to exceed regulatory requirements in all legal jurisdictions to establish compliant and reliable standards. By creating a robust security and compliance platform, Endexx looks to collaborate with other industry leaders.
About Endexx Endexx provides innovative medical marijuana management and technology solutions. The Company has two products that launched in the first half of 2014 — the m3hub and the Autospense™. Both products provide essential solutions to promote regulatory compliance and full accountability through “seed to sale” inventory management and tracking. Based on principles developed by the pharmacological industry, the m3hub database is the first standardized software platform for tracking pharmaceutical grade marijuana to support a Centralized Medical Marijuana Industry Repository and maintain compliance with the laws of the federal government and state and local regulatory bodies. The Autospense™ is a high-tech marijuana inventory control and dispensing machine, which provides up to the minute accounting details and protects the security of the product as well as the patient. By automating the dispensing process, Autospense™ increases productivity and reduces costs for marijuana retailers, while enhancing their service quality by reducing transaction time for customers.www.endexx.com, www.m3hub.com, www.facebook.com/EndexxCorporation
Safe Harbor Notice This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities, and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company’s business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company’s periodic filings with the Security and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.
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