ST. PETERSBURG, FL, Nov. 25, 2014 (GLOBE NEWSWIRE) -- FutureWorld (OTCQB: FWDG), a U.S. Diversified Holding Company
formed to capitalize on the burgeoning technology markets globally,
announces the following letter to its shareholders from URVape
subsidiary's new CEO, Daniel Montgomery:
Dear Shareholders: As the new CEO of URVape, Inc., I would like
to introduce myself to all of our FutureWorld shareholders and
provide an update on URVape's current business and events;
As of October 15, 2014 I was hired as URVape's CEO, based upon
my varied business experience: Ranging from International Trade and
Finance, to contract negotiation with international and
multi-national corporations and governments, to consultation,
lobbying and being called as an expert witness. My educational
background included engineering, finance, marketing and
law.
URVape was started to contribute to the current revolution,
which has become an international phenomenon, known as the "Vaping"
industry. URVape began test marketing OEM branded, off-the-shelf
oil vaporizers, whose design and utility was well received, and
which promulgated our first vendor agreement in the state of
Colorado.
After studying the marketplace, with more than 466 vendors
attempting to reach nicotine consumers, we recognized early on that
there were unsupported claims and deficiencies in the products and
e-liquids being sold. Product deficiencies were noted in the
devices being used in combination with e-liquids, which, together
could be producing harmful elements. Consequently, these
elements are being inhaled as a result of heating the contents of
the e-liquids, thereby producing potentially harmful changes to the
initial ingredients. As a result, URVape has dedicated itself to
providing products that are free of any substances which, when
heated for vaping, could be harmful.
URVape has entered into an exclusive Non-disclosure/Non-compete
contract with one of the foremost international vaping products
manufacturers. Through our in-house Product Development personnel,
and through the hiring of a consultant whose area of expertise is
microbiology, specific to cannabis and vaping, we have developed
two primary device changes that are being patented. These
changes are designed to produce safe devices, built with safe
materials, and to exact temperature specifications suited to a
variety of e-liquids that we will bring to market.
We are also developing new methods of producing, packaging and
flavoring a variety of e-liquids with the intention to provide
consumers with happy, healthy and potentially curative
products.
URVape's plans include the installation of its own laboratory
along with a "clean room" for production of its products. The
goal is to become the market leader of safe vaping materials. To
that end, URVape has Trademarked "SafeVape" for use in describing
the technologies utilized in bringing both devices and e-liquids to
the marketplace.
The E-cigarette, Cannabis and Herbal vaping industry is an ever
growing and evolving industry. Business models need to be
constantly adjusted and configured based on all moving parts. But
we are fortunate to be part of this historical moment in time where
consumers around the globe will finally have access to natural
plant derivatives to enhance their health and enjoyment without the
inherent side effects of synthetic medicines. URVape will be part
of that historical moment creating technologies for the delivery of
its specialized, researched products.
It is my considerate goal to propel URVape to the forefront of
the Vaping Industry, through the introduction of safe, effective
products, using our "SafeVape" development technologies. My
preliminary cash flow analysis suggests that URVape should be debt
free and collecting over $2,000,000 in annual revenues by the end
of year one. Future anticipated growth will be exponential.
We are also ramping up for the proposed Spin-Off. We will inform
the investors for more detail shortly.
Regards, Daniel Montgomery, CEO -
https://www.facebook.com/urvape
About URVape
URVape (http://www.urvape.com) is a Florida Corporation, wholly
owned by FutureWorld Corp., based in Saint Petersburg, Florida.
URVape manufactures, markets, and distributes electronic
cigarettes, vaporizers, and accessories under the URVape brand name
in the United States. It offers vaporizers and related products
through its online store urvape.com, as well as through the
company's wholesale, distributor, and retail programs. Operating on
the idea of open source technology and innovation, the URVape
vision is to bring standardized versatility to our customers by
offering easily customizable vape pen solutions. URVape supplies
avid vape enthusiasts and smokers with a sleek and sophisticated
vaporizer that is both affordable and covetable. The Company
already plans on adding a loose-leaf herb vape pen, wax vape pen
and CBD oil to the mix of offering. The Company is setting the
stage for a leading position within the world's 200 billion dollar
tobacco market and the multibillion dollar cannabis industry.
About FutureWorld Corp.
FutureWorld (Other OTCQB: FWDG), a Delaware corporation, is a
U.S. Diversified Holding Company formed to capitalize on the
burgeoning Cannabis markets globally. FutureWorld, together with
its subsidiaries, focuses on the identification, acquisition,
development, and commercialization of cannabis related products,
such as industrial Hemp. FutureWorld, through its subsidiaries such
as CB Scientific and HempTech, provides personal and professional
THC and CBD test kits, pure CBD oil solutions, smart sensor
technology, communication network, surveillance security, data
analysis for smart cultivation and consultation for the industrial
hemp and legal medicinal cannabis. Our wireless agricultural smart
sensor networks offer precision to the agriculture, irrigation
systems, and greenhouses for the global cannabis and hemp
industry.
To request further information about FutureWorld, please email
us at info@futureworldcorp.com, log onto our website at
http://www.futureworldcorp.com or visit us at our Facebook page
https://www.facebook.com/futureworldenergy or on Twitter
#futureworldinc.
Safe Harbor & Forward-Looking Statement
This press release may contain forward-looking statements
covered within the meaning of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements relate to,
among other things, plans and timing for the introduction or
enhancement of our services and products, statements about future
market conditions, supply and demand conditions, and other
expectations, intentions and plans contained in this press release
that are not historical fact and involve risks and uncertainties.
Our expectations regarding future revenues depend upon our ability
to develop and supply products and services that we may not produce
today and that meet defined specifications. When used in this press
release, the words "plan," "expect," "believe," and similar
expressions generally identify forward-looking statements. These
statements reflect our current expectations. They are subject to a
number of risks and uncertainties, including, but not limited to,
changes in technology and changes in pervasive markets. This
release includes forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 27E of the
Securities Act of 1934. Statements contained in this release that
are not historical facts may be deemed to be forward-looking
statements. Investors are cautioned that forward-looking statements
are inherently uncertain. Actual performance and results may differ
materially from that projected or suggested herein due to certain
risks and uncertainties including, without limitation, ability to
obtain financing and regulatory and shareholder approval for
anticipated actions.
LEGAL DISCLOSURE
FutureWorld Corp. does not sell or distribute any products that
are in violation of the United States Controlled Substances Act
(US.CSA). The Company and its subsidiaries do not grow, distribute
or sell marijuana. The company does sell and distribute hemp-based
products such as CBD oil.
CONTACT: Media Contact
FutureWorld Corp.
Http://www.futureworldcorp.com
Investor Relations
info@futureworldcorp.com
cox@futureworldcorp.com
(727) 474-1816 ext. 103
