LAS VEGAS, May 30, 2014 (GLOBE NEWSWIRE) -- Hemp, Inc.'s (OTC:HEMP) wholly owned subsidiary, The Industrial Hemp and Medical Marijuana Consulting Company, Inc. (IHMMCC), is pleased to announce that it has signed a consultant agreement with View Systems, Inc. (OTCBB:VSYM), a leading Baltimore-based manufacturer and provider of integrated weapons detection systems. Per the agreement, IHMMCC will provide product distribution, professional sales and marketing services, and sales representation for the View-Scan product line to the Industrial Hemp and Medical Marijuana Industries, as well as other traditional channels of distribution.
The Agreement apportions 480 View-Scan units to be sold in the marketplace. Areas of initial interest include Colorado, Washington, California, Arizona and Nevada, but IHMMCC expects to expand beyond these areas. IHMMCC has already begun marketing the View-Scan unit at the first annual Cannabis Capital Summit and HempZone lounge, in Denver, Colorado, where View Systems, Inc. (OTCBB:VSYM) was able to showcase its product line in front of hundreds of potential buyers and investors in the cannabis industry.
Gunther Than, CEO of View Systems, Inc. mentioned of yesterday's exposure, "We are pleased to have had the opportunity to educate the investors on how we can, economically, offer such a superior level of protection and illustrate its ease of use and how beneficial of an impact our View-Scan products can have on the ballooning marijuana industry." He continued, "Yesterday was such a great day for us. We are definitely looking forward to working with Hemp, Inc.'s IHMMCC. Hemp, Inc. has already put us in front of some of the major players."
The collaboration is already off to a good start, according to Bruce Perlowin, CEO of Hemp, Inc. (OTC:HEMP). "The View-Scan units are very much needed in our industry so it will integrate well," says Perlowin. "This is our 11th signed agreement and we expect to surpass the units we agreed to sell, primarily because View Systems manufactures the leading mid-priced, video-capture, pedestrian entry weapons detection system that is known for its reliability, accuracy and ease of use. Because marijuana dispensaries are cash-based, at the moment, there is a demand for hi-level security. The View Scan System also provides a remote view which makes it more effective. Overall, this is just what this expanding and growing, multi-billion dollar Industrial Hemp and Medical Marijuana Industry needs."
According to Hemp, Inc. CEO, Bruce Perlowin, IHMMCC has created a one-stop-shop for industry information, education, products and services, research and development, marketing, and channels of distribution for the industrial hemp and medical marijuana sector…which is what attracted View Systems, Inc. to them. "This strategic alliance is an extension of View Systems' marketing strategy. By working with us, we expect View Systems to gain significant market share by delivering an intergrated superior quality, security and protection product, designed to deploy an optimized solution for not only dispensaries but all facilities in need of protection. This is just the beginning of a lot of great things to come," concluded Perlowin.
ABOUT HEMP, INC.
Hemp, Inc. (OTC:HEMP) focuses on the vast market created by the quickly emerging, and growing, multibillion dollar industrial hemp industry. Hemp, Inc. (OTC:HEMP) is not currently involved in the cultivation or marketing of medical cannabis. (www.hempinc.com) Watch Bruce Perlowin on Bloomberg TV.
ABOUT THE INDUSTRIAL HEMP AND MEDICAL MARIJUANA CONSULTING COMPANY, INC.
The Industrial Hemp and Medical Marijuana Consulting Company (IHMMCC) is a wholly owned subsidiary of Hemp, Inc. (OTC:HEMP) that pulls industry information from a vast network of specialists. IHMMCC is entrenched in all the multi-faceted opportunities in the medical marijuana and Industrial Hemp industry. (www.HempInc.com) Executives of IHMMCC are interviewing an additional 14 companies and expect considerably more to sign up with this network of companies in the coming weeks, and months.
ABOUT VIEW SYSTEMS (OTC:VSYM)
View Systems, Inc. is a fully reporting OTC.BB company that designs, manufactures and installs weapons detection systems combined with video management platforms, on-line monitoring and Alarm and Fire communications networks. More information can be found at www.viewsystems.com.
Hemp, Inc.'s TRIPLE BOTTOM LINE
Hemp, Inc. (HEMP) seeks to benefit many constituencies, not exploit or endanger any group of them. Thus, the publicly-traded company believes in "upstreaming" of a portion of profit from the marketing of their finished hemp goods back to its originator. By Hemp, Inc. focusing on comprehensive investment results—that is, with respect to performance along the interrelated dimensions of people, planet, and profits— our triple bottom line approach can be an important tool to support sustainability goals.
SAFE HARBOR ACT
Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
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