|By PR Newswire||
|February 26, 2014 08:39 AM EST||
CORAL SPRINGS, Fla., Feb. 26, 2014 /PRNewswire/ -- Cyber Kiosk Solutions, Inc. (OTC Pink: CYBK) has begun its development of a mobile e-wallet app for smart phone users in the legalized marijuana industry. The Company has fast-tracked the development process and is expected to release the app for testing in dispensaries in the next 30 to 60 days. The mobile app is planned to connect into the Company's age/id verification and fraud prevention software.
The mobile app will be marketed by the dispensaries to its customers to create a seamless mobile ordering process and will position the Company for a windfall of future revenues when the processing of mobile payments for the industry become 100% legal. In addition to the dispensaries, the Company expects to market the mobile app through various forms of media and print advertising.
The mobile app will provide the dispensaries with product advertising capabilities and full inventory controls as well as mobile payment acceptance when that option becomes legal.
The mobile app will provide the smart phone end-users with product choices, reviews, dispensary GPS locator services and mobile payment options when the option becomes legal.
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
SOURCE Cyber Kiosk Solutions, Inc.