Tranzbyte Elects Board of Directors to New Term
Colleen Manley, who also serves as a director of Trans-High Corporation, the
owner of High Times Magazine, has been re-elected to serve as the company's
outside director, along with David Gwyther, the company's current president.
PHOENIX, Jan. 25, 2013
PHOENIX, Jan. 25, 2013 /PRNewswire/ -- Tranzbyte Corporation (OTC-PINK: ERBB),
announced today that its current Board of Directors has been re-elected to
serve another term. David Gwyther, Tranzbyte's president, announced that he
and Colleen Manley have been elected to serve an additional one year term as
Tranzbyte's board of directors.
Ms. Manley, who serves as the Tranzbyte's outside director, is a partner of
one of Arizona's oldest family law practices. She has been a member of the
Arizona State Bar since 1985. In 1986, she was admitted to US Court of
Appeals for the Ninth Circuit. As an attorney, Ms. Manley has earned the
coveted "AV" rating, and her firm, Manley Law, has been awarded "pre-eminent"
status. Ms. Manley is also related to Tom Forcade, the founder of High Times
magazine, the most popular periodical on the subject of marijuana in the
world. Ms. Manly also serves on the Board of Trans High Corporation, the owner
of High Times magazine, (http://en.wikipedia.org/wiki/High_Times) and is
actively involved in many start-up ventures, both here in the US and around
Mr. Gwyther began serving as Tranzbyte's president last year and has
successfully led the company's latest effort to remove the DTC "Chill" placed
on the company's common stock back in 2010. He is also responsible for the
overall management of the company it heads toward strategic acquisitions which
he expects will come to fruition this year.
The Tranzbyte Corporation (www.tranzbyte.com) is 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.
Last year, Tranzbyte acquired ProximaRF – a leading-edge company that produces
a line of products supporting leading-edge RFID technology.
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 ALTITUDE ORGANIC CORPORATION
Altitude Organic Corporation is 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. The company has operated in California,
Colorado, and Arizona. Altitude Organic Corporation is currently targeting
expansion through dispensary and caregiver managed partnerships, as well as
outright acquisition in 'for-profit' medical marijuana states. The company
seeks to capture market share in the fast growing, multi-billion dollar
cannabis industry. For more information, visitwww.altitudeorganix.com.
ABOUT PROXIMARF 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.
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.
Companies and Contacts:
David G. Gwyther , President
14220 N. Northsight Blvd., Suite 139
Scottsdale, Arizona 85260
Tranzbyte Corporation – Hong Kong
Rm 308, 3/F, Kai Tak Commercial Building
317-319 Des Voeux Road Central,
Hong Kong (SAR)
Altitude Organic Corporation
Brian J. Cook, Managing Director
14220 N. Northsight Blvd., Suite 139-A
Scottsdale, AZ 85260
Victor J. Elias, President
ProximaRF Technology Holding Company
14220 N. Northsight Blvd., Suite 139-B
Scottsdale, AZ 85260
SOURCE Tranzbyte Corporation
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