Depository Trust Corporation (DTC) Lifts "Chill" on ERBB Shares
PR Newswire
PHOENIX , Jan. 11, 2013 /PRNewswire/ -- Tranzbyte Corporation (ERBB(OTC K), announced that it has received official notice from the Depository Trust Corporation (DTC) that it has completed its review of Tranzbyte Corporation and that The DTC has determined to lift the "Deposit Chill" and has resumed accepting deposits of the Issue for depository and book-entry transfer services, effective immediately. The communication was received from the DTC after the close of trading on January 10, 2013 . Tranzbyte's president, David Gwyther adds, "Since I joined Tranzbyte as its president late last year, my two biggest priorities have been to remove the DTC Chill on the company's common stock and to begin creating a company that has both vision and sustainability. We have accomplished the first and I believe Tranzbyte is well on its way toward success with the second."
ABOUT TRANZBYTE
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 ( www . altitudeorganix . com ) provides business support services to independently-owned retail dispensaries in states that have approved the use of medical cannabis. AOC continues to drive innovation in the industry through its sales and marketing support services, point-of-sale and inventory management technologies, Zazzz™ unique retail product lines, and an ever-growing family of brands designed to meet the every-growing demand of the burgeoning medical cannabis industry. Visit http :// www . altitudeorganix . com today.
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.