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Monday, May 19, 2014 8:56:25 AM
FORT LAUDERDALE, Fla., April 22, 2014 (GLOBE NEWSWIRE) -- iTalk, Inc. (TALK) a global provider of advanced communications and mobile broadband services and the Tranzbyte Corporation (OTC Pink:ERBB) (PINKSHEETS:ERBB) announced today that it has signed a distribution agreement for the iTalk premier cloud connectivity solution "CloudTalk".
CloudTalk is the medical marijuana dispensary industry's first ultra-secure connectivity to the cloud for vending machines and credit card processing, which is critical to creating a secure operational environment for these processes. Next generation products will include biometrics, machine virtualization and ultra-secure storage and access solutions. The need for ultra-secure connectivity to alternative medical dispensary machines has never been greater; the CloudTalk is the only product that specifically targets these specialized vending machines and processes. Next Generation Biometric Market worth $23.54 Billion by 2020.
"Tranzbyte is a premier alternative technology company whose product ZaZZZ(tm) facilitates legal sale and dispensation of age-controlled products. When we can enhance our technology with ultra-secure connectivity that enables worry free ecommerce processes in an environment where consumer data security concerns are at an all-time high, it is important to choose the right partner. iTalk's new CloudTalk is the product that stands out ahead of the rest," stated Stephen Shearin, Chief Operating Officer for Tranzbyte.
"We have chosen an innovator in the alternative medical space to launch the distribution of CloudTalk. We are excited to be working with an industry giant such as Tranzbyte. Our secure mobile connectivity solution, 'CloudTalk', mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices which will allow for ultra-secure medical marijuana purchases without the risk or exposure of consumer data," stated David F. Levy, iTalk CEO.
- See more at: http://globenewswire.com/news-release/2014/04/23/628757/10077825/en/iTalk-Inks-M2M-Medical-Marijuana-Distribution-Deal.html#sthash.cMoHaGYX.dpuf
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