ST. PETERSBURG, FL, Dec. 15, 2014 (GLOBE NEWSWIRE) -- FutureWorld Corp. (OTCQB; FWDG), a leading provider of advanced
technologies and solutions to the global cannabis industry,
announces today that on behalf of its subsidiary, URVape, Inc.,
FutureWorld has entered into an exclusive vendor agreement with
ebbu, LLC of Wheat Ridge, Colorado for the marketing and sales of
E-liquid cannabis developed by ebbu, to be dispensed with URVape's
vaping devices.
"This venture had been in the works for some time prior to my
taking over as CEO, but it was the first thing that I needed to
complete once I got here. I am very excited to be working
with Ebbu and look forward to a bright future together", commented
CEO of URVape, Dan Montgomery.
"URVape is a true pioneer. They're setting an
industry-wide standard for patented vaping device design, putting
the health and safety of consumers first. Their values so clearly
mirror our own commitment to creating the safest and healthiest
cannabis products on the market that this partnership seems like it
was meant to be. We believe that working closely with URVape
for this delivery mechanism, we can - and will change the way
people vape!" stated Jon Cooper, Founder and CEO of ebbu.
URVape, Inc., under Mr. Montgomery's direction, is developing a
new standard of vaping that will be used in conjunction with this
vendor agreement and others going forward. SafeVape™ has been
trademarked and will become the quintessential seal that will mark
a new era of safe vaping devices and e-liquids. Much that is
on the market today does not factor into the equation the proper
heating calibration of the device with the solution being vaped.
Consequently, many harmful products are being inhaled.
URVape, pledges to rectify the status quo starting with its
own new products.
After studying the marketplace, with more than 466 vendors
attempting to reach consumers, URVape recognized that there were
unsupported claims and deficiencies in the products and e-liquids
being sold. As a result, URVape has dedicated itself to providing
devices that will produce an optimum vaping experience for ebbu and
other E-liquids
URVape's plans include the installation of its own laboratory
and "clean room" production of its products with the goal of
becoming the market leader of "safe" products. To that end, URVape
has Trademarked "SafeVape" for use in describing the technologies
utilized in bringing both hardware and e-liquids to the
marketplace.
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 "SafeVape" 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 EBBU, LLC
ebbu is a leading Denver, Colorado-based highly disruptive
startup which has received considerable attention in the cannabis
industry, the tech angel community and beyond. ebbu's unique
proprietary distillation technology allows for the creation of
branded, cannabis-derived distilled products with predictable,
reliable psychoactive effects. ebbu has been featured in The
New York Times, The Wall Street Journal, CNBC, Fox Business News,
Bloomberg News, HBO Vice, PBS Newshour, Fast Company and many more.
The best way to describe ebbu is to use a metaphor: to say
that "ebbu is a distillery". Just as an alcohol distillery takes an
inconsistent natural product - for example potatoes - and turns it
into vodka, ebbu takes a natural product (cannabis) and transforms
it into something which is predictable (meaning you know how it
will make you feel before you try it) and reliable (meaning the
sensation is the same every time). Just like you don't call a
bottle of vodka potato juice we don't consider ebbu products
"marijuana". Cannabis is just the raw material from which
ebbu makes its products.
ebbu was founded in early 2014 by Dooma Wendschuh and Jonathan
Cooper, both of whom have a track record in brand-building and
technology startups. Mr. Cooper is a serial entrepreneur who
has launched several businesses in the telecom and healthcare
industries. Mr. Wendschuh was co-founder and co-CEO of sekretagent
Productions, Inc. a video game creative development company whose
game sold more than $2.8 Billion worldwide and whose credits
include the Assassins Creed franchise, Batman: Arkham Origins, and
several games in the Prince of Persia franchise.ebbu tests and
develops proprietary blends of high grade cannabis oil in Colorado.
The way the agreement works is really quite simple.
Urvape provides the cartridges, batteries, chargers and other
ancillary products to Ebbu at a predetermined price and Ebbu then
fills the cartridges with their products for sale in the Colorado
community in accordance with demand. URVape, Inc. does not
profit from the actual sales of any cannabis products as required
by Colorado state law.
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 HempTech and CB Scientific, 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.
FutureWorld and its subsidiaries do not grow, distribute or sell
marijuana.
To request further information about FutureWorld, please email
us at investors@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.
Forward-Looking Statements
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.
CONTACT: Media Contact
FutureWorld Corp.
Http://www.futureworldcorp.com
Investor Relations
info@futureworldcorp.com
cox@futureworldcorp.com
(727) 474-1816 ext. 103
