Thursday, February 27, 2014 1:33:15 PM
CORAL SPRINGS, Fla., Feb. 27, 2014 /PRNewswire/ --- Cyber Kiosk Solutions, Inc. (OTC Pink: CYBK) has received a commitment from a large marijuana dispensary in Denver, CO to beta test the Company's age/id verification and fraud prevention software. The dispensary has also agreed to integrate the mobile app into the their inventory which is expected to establish responsible inventory controls and streamline the online ordering and payment of the dispensary's products.
At the dispensary's request, CYBK will not release the name of the dispensary until final testing is complete. Upon the successful testing of CYBK's software and mobile app, the dispensary has agreed to help present the secure solution to the State for approval.
CYBK's CEO Chris Clarke states "In our beta test, we expect to have 10 dispensaries across multiple states testing our software and smart phone mobile app to be able to present to the states a fair sample of data to show the responsible inventory control and sale of marijuana products. It is our goal and intent to establish our software solutions to be the required software and mobile app to be used in the marijuana industry."
Other Company News:
The Company's Chief Operating Officer, Oren Manelis, has returned from his NY/NJ trip where he met with various product and merchandising partners to advance the Company's business and opportunities in CYBK's Product and Merchandising Business Vertical. In addition, Mr. Manelis met with another large marijuana dispensary. The final results of these meetings are expected to be released in the coming days.
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects, " "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
CONTACT:
Chris Clarke
investor@cyber-thingy.com
954-509-3748
SOURCE Cyber Kiosk Solutions, Inc.
/Web site: http://cyberkiosksolutionsinc.com
(END) Dow Jones Newswires
February 27, 2014 08:30 ET (13:30 GMT)
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