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American Green Completes IP Patent Deal for Machine Vended Product Purchases



08.24.14 American Green (OTC:ERBB) has secured two key patents which have strengthened the company’s intellectual property protection over the popular ZaZZZ machine and modified development for the world’s first public-facing cannabis vending machine.

The patents, numbered 6,711,465 and 7,493,190, were produced for the purpose of safely vending age-controlled, identity-specific items, all of which fit directly into American Green's business plan.

“Two of our main focuses of in the medical Marijuana industry are to safely provide high quality products to consumers, while abiding to the strictest letter of the law. The Company believes that these new patents clearly put us on target and make us a leader in the industry. Acquiring these patents moves us even closer to our goal of making ZAZZZ the top consumer-operated marijuana vending machine in the world.” Says American Green’s President, Stephen Shearin.

As even more states in the U.S. continue to inch closer to passing legislation to legalize marijuana for medical use and/or general adult use, American Green continues to pursue new opportunities and close deals and partnership deals that have been in their pipeline.

“Patients are located all over, but they all know what they want they want and should have immediate or, at least, unfettered access. The ZaZZZ system is an obvious solution – for the consumer and the dispensary. Saving consumer’s time and giving them what they want in seconds, as opposed to waiting in lines, ZaZZZ is in high demand by many popular dispensaries nationwide, and we have been ramping up our technology as a result of that growing demand and aggressive field testing,” added Shearin.

“We are extremely excited to secure this valuable IP for American Green and the future opportunities that it will help us to secure and maintain a leading position within the growing marijuana industry worldwide,” says, Shearin.




ABOUT AMERICAN GREEN

American Green, formally Altitude Organix, became the first publicly traded medical marijuana dispensary brand in the world as American Green Corporation. 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. While the Company is no longer associated with the Altitude Organic Medicine outlets in Colorado, it has spent the last year developing an "automated dispensary" that will offer the company's proprietary products to qualified adults in the US and around the world under its “American Green” brand. The Company's newly acquired YO! Debit Card has been rebranded as “ZaZZZ” for use in its proprietary machines and will be accepted at participating dispensaries and other select locations who become members of the ZaZZZ Network.


ABOUT TRANZBYTE

The Tranzbyte Corporation (www.tranzbyte.com) is a driving force behind American Green, American Green, OneBode, The YO! Debit Card, and BancoLibre. 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 dividends for their ERBB shareholders.

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 the company plans to be incorporated into the Company’s ZaZZZ Machine whiile enabling distributors of optical media (CDs, DVDs, etc.) to consolidate the best features of each medium onto a single content-protected USB flash drive.


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.

Once the acquisition agreement with Tranzbyte is finalized (Q2/14), the company has plans to increase its network of global distributors and value-added resellers with plans to incorporate the technology as a tracking system for legal marijuana movements. 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:

American Green and Zazzz
Stephen Shearin
Chief Operating Officer
1221 W Warner Rd., Suite 103

Tempe, AZ 85284

[phone]

www.americangreen.com

[e-mail]

Twitter: @tranzbyte

Tranzbyte Corporation
David G. Gwyther
Chairman
1221 W Warner Rd Suite 103

Tempe, AZ 85284

480-443-1600

[e-mail]

http://www.tranzbyte.com


Tranzbyte Corporation - Hong Kong
Mr. John Martin
Managing Director
Rm 802, 8/F, Kai Tak Commercial Building
317-319 Des Voeux Road
Central,
Hong Kong