GM ALL -RENU .112 & ERBB .0429-BOTH-NEWS RenuEn
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RenuEn Corp Announces Appointment of Chief Financial Officer
CEO Jeff Nemes Announces Appointment of Anthony Pascucci as the Company's New Chief Financial Officer 04/24 08:45 AM
JUPITER, FL -- (Marketwired) -- 04/24/14 -- RenuEn Corporation (RENU:$0.112,0$0.002,01.82%) a Renewable Energy Development and EPC Company announced the long awaited appointment of their Chief Financial Officer.
Jeff Nemes, CEO of RenuEn (RENU:$0.112,0$0.002,01.82%) stated, "I am pleased to finally announce the appointment of Anthony Pascucci, as the company's Chief Financial Officer. As I previously disclosed to shareholders, the final and most critical appointment to this company is that of a qualified CFO. With record Q1 revenue and earnings, the company is extremely lucky to have Anthony as RenuEn's (RENU:$0.112,0$0.002,01.82%) newest Senior Executive."
Nemes continued, "A 1985 graduate of Rider University with a BS in Commerce and Major in Accounting, Mr. Pascucci brings nearly 30 years of financial experience to the RenuEn Team." Nemes added, "Having spent the last twenty years as the Financial Administrator of a large engineering firm that specializes in multi-disciplinary design and construction management services and with his experience managing large government contracts, Anthony further solidifies my desire to expand the range of services we will provide. In addition to his corporate experience, Mr. Pascucci spent the first nine years of his professional career in public accounting working on corporate audits, taxation and consulting services. We believe his diversified experience will be a great asset to the company moving forward."
Anthony Pascucci, CFO of RenuEn (RENU:$0.112,0$0.002,01.82%) stated, "I am excited to be joining the RenuEn Team as the Chief Financial Officer. Having known Jeff for many years as well as having the opportunity to advise him at RenuEn (RENU:$0.112,0$0.002,01.82%) , I have a high degree of confidence that the company is positioned for great things. The renewable energy sector has gained so much traction over the past few years and RenuEn (RENU:$0.112,0$0.002,01.82%) appears to be in an excellent position to capitalize on this growing sector." Pascucci added, "I have strong feelings that in order to grow a company, you need three basic things. First, you need technically strong and ethical leadership and executives that can work in a team environment. Next, you must have sound financial policies and procedures in place and not be debt driven. Finally, you need diversification in your business model. I see all of these things at RenuEn (RENU:$0.112,0$0.002,01.82%) and I look forward to contributing to the Team that Jeff has put together and I am excited to be a part of the future of RenuEn (RENU:$0.112,0$0.002,01.82%) ."
Mr. Nemes concluded, "Now that we have a CFO in place with the talent and experience of Anthony Pascucci, our shareholders can be confident that I will continue with my mandate to build a financially healthy company that relies on the people, systems and processes we have in place without the need for dilution or toxic debt instruments. We now have the ability to evaluate all of our future business opportunities with decisions supported by sound financial analysis. I look forward to releasing our 2014 Q1 financials in the coming days as well as the scheduling of our quarterly conference call."
About RenuEn Corporation (RENU:$0.112,0$0.002,01.82%)
RenuEn Corporation (RENU:$0.112,0$0.002,01.82%) (www.RenuEn.com) is a Renewable Energy Development, Engineering, Procurement and Construction (EPC) Company. The company focuses on Renewable Power projects and the development of solar, geothermal and other renewable energy strategies installing energy saving products and services for residential and commercial clients.
Follow RenuEn (RENU:$0.112,0$0.002,01.82%) on Facebook: facebook.com/RenuEnCorp
Follow RenuEn (RENU:$0.112,0$0.002,01.82%) on Twitter: @RenuEnToday
Follow RenuEn's (RENU:$0.112,0$0.002,01.82%) CEO on Twitter: @RenuEnCEO
Safe Harbor Statement
This news release contains statements that involve expectations, plans or intentions (such as those relating to future business or financial results) and other factors discussed from time to time in the Company's Securities and Exchange Commission filings. These statements are forward-looking and are subject to risks and uncertainties, so actual results may vary materially. You can identify these forward-looking statements by words such as "may," "should," "expect," "anticipate," "believe," "estimate," "intend," "plan" and other similar expressions. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors not within the control of the company. The company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
Contact and Inquiries for Investor Relations:
Michael Irving
Paramount Advisors, LLC
407-878-5462
mike@parvise.com
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Tranzbyte Receives Order for 100 Jurassic Units From iMD
Company Adds Director of Jurassic Water Division 04/24 08:15 AM
TEMPE, AZ -- (Marketwired) -- 04/24/14 -- Tranzbyte Corporation (ERBB:$0.0429,$-0.0076,-15.05%) (http://www.bloomberg.com/quote/ERBB:US) and its American Green Division are excited to announce that a pre-order of 100 Jurassic Water units has arrived from its strategic marketing partner, iMD Corp (ICBU:$0.084,0$0.001,01.20%) (http://www.bloomberg.com/quote/ICBU:US). To facilitate the fulfilment of this order, valued at $1,700,000.00, and others expected soon, the company also announced today that Michael Silvia has joined the American Green staff to extend sales and management of the division.
Following iMD's successful acquisition of Lumz'n Blooms, Ltd. a Manufacturer and distributor of products and services for commercial and private growers, the company is holding a sales training in Sacramento, CA where Mr. Silvia will join 80 sales reps and iMD management to detail the technical aspects of the Jurassic system and share future plans for product growth with the sales force.
"Based on preliminary sales calls, our own direct sales of five units with three more being provided to independent test facilities and a University in conjunction with the increased sales force, getting the additional units into production immediately has become our top priority," says Stephen Shearin, Tranzbyte's (ERBB:$0.0429,$-0.0076,-15.05%) chief operating officer. "As I said at the unveiling in Avon, CO, where ZaZZZ is retail, Jurassic Water represents the production side of the industry. It's like the transcontinental railroad merging to connect the whole country, from seed to shining seed," adds Tranzbyte's (ERBB:$0.0429,$-0.0076,-15.05%) president, David Gwyther.
"We were excited about the opportunity to add the Jurassic system when we first encountered it. After a month of discovering the science and getting the word out, the need for the systems in the immediate future has become apparent. Having a partner who can produce and support our active sales efforts like Tranzbyte (ERBB:$0.0429,$-0.0076,-15.05%) is the only way to run a successful operation," says Jim Filkins, VP of Sales for iMD.
"Adding Michael Silvia to the team is a huge benefit to Tranzbyte (ERBB:$0.0429,$-0.0076,-15.05%) . His contacts, knowledge and experience are invaluable, but most importantly he's a great fit in our corporate culture; hard working with a sense of humor and a clear vision of where we are headed," concludes Shearin. "I'm very happy to join Tranzbyte (ERBB:$0.0429,$-0.0076,-15.05%) . I have known of the Jurassic product for some time, and with my experience in the field, it's obvious that this product and others to come will be 'game-changers.' These are very exciting times and I'm thrilled to be a part of it," adds Silvia.
Mr. Silvia brings 15 years of both direct and distribution channel sales experience of technical products to Tranzbyte, Inc. Coming most recently from the Manufacturing industry, Michael has a proven track record of successfully bringing water chemistry analytical products to the Hydroponics, Agricultural, Industrial, Municipal Water Treatment and Laboratory markets.
Tranzbyte (ERBB:$0.0429,$-0.0076,-15.05%) encourages all folks wishing to follow the progress of Tranzbyte (ERBB:$0.0429,$-0.0076,-15.05%) , American Green™, and its other subsidiaries and divisions to visit the Tranzbyte (ERBB:$0.0429,$-0.0076,-15.05%) website at www.tranzbyte.com and sign up to receive our 'Email Alerts' which are sparingly sent to interest-holders periodically. Just click on the orange 'contact' button after arriving at the company's website. Mobile users can also sign up by navigating to the company's website on their android smart phone or iPhone."
Also, shareholder and other interest-holders may track the progress of our fully automated ZaZZZ™ Machine by following us on Twitter @Tranzbyte (ERBB:$0.0429,$-0.0076,-15.05%) or @American__Green (two underscores.)
ABOUT TRANZBYTE (ERBB:$0.0429,$-0.0076,-15.05%)
The Tranzbyte Corporation (ERBB:$0.0429,$-0.0076,-15.05%) (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 (ERBB:$0.0429,$-0.0076,-15.05%) and dividends for their ERBB shareholders.
Tranzbyte (ERBB:$0.0429,$-0.0076,-15.05%) 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 (ERBB:$0.0429,$-0.0076,-15.05%) 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 ONE BODE
One Bode was founded in 2006 by a group of health conscious professionals with backgrounds in sports, health, and nutrition who recognized the need for supplements to compliment any lifestyle. Focusing on plant-based nutrients and enzymes, One Bode created an assortment of products that enable the everyday person interested in improving their health to access the kind of nutritional supplements previously enjoyed by professional athletes, entertainers, and those with the time to devote their entire lives to the pursuit of such diets.
The company is combining its successful product rep program with an aggressive online campaign focusing on a realistic plan to increase sales measurably within the next 90 days of operation and throughout the coming years. The versatility of the products combined with the various dietary deficiencies present in practically everyone enables individuals to tailor a custom program designed to fit their specific needs; as such the company sees a virtually unlimited market-space for expansion.
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 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 (ERBB:$0.0429,$-0.0076,-15.05%) 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:
Tranzbyte Corporation (ERBB:$0.0429,$-0.0076,-15.05%)
David G. Gwyther
President
1221 W Warner Rd Suite 103
Tempe, AZ 85284
480-443-1600
davidgwyther@tranzbyte.com
http://www.tranzbyte.com
Tranzbyte Corporation (ERBB:$0.0429,$-0.0076,-15.05%) - Hong Kong
Mr. John Martin
Managing Director
Rm 802, 8/F, Kai Tak Commercial Building
317-319 Des Voeux Road Central,
Hong Kong (SAR)
One Bode, International
Sean Loomer
President
1221 W. Warner Rd., Suite 103
Tempe, AZ 85284
(888) 574-3341
YO! Debit Card Network
Sean Loomer
President
1221 W Warner Rd., Suite 103
Tempe, AZ 85284
sean@tranzbyte.com
www.yomastercard.com
American Green and Zazzz
Stephen Shearin
Chief Operating Officer
1221 W Warner Rd., Suite 103
Tempe, AZ 85284
(480) 443-1600
www.americangreen.com
stephen@tranzbyte.com
Twitter: @tranzbyte
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