DENVER, CO--(NewMediaWire - Apr 17, 2017) - Ubiquitech Software
Corp. (OTC
PINK: UBQU), through its operating subsidiary
HempLifeToday.com, today announced its first quarter 2017 financial
results. Revenues for the quarter increased to $1,103,766 from
$697,640 from the prior year period, and earnings increased to
$113,929 from $34,350 during the first quarter of 2016.
The company credits continued awareness of the benefits of CBD
oil derived from hemp, increased exposure and demand for its USA
grown and formulated CannazALL™ brand hemp CBD products, new
product offerings, strong Internet presence, superior customer
service, and the implementation of its Rapid Ship program for the
increase in sales and profits. The company anticipates continued
sales increases along this trend-line for the balance of 2017.
"We are continuing to see an explosion in the awareness and
acceptance of the benefits of CBD as
a whole," said James
Ballas, CEO. "As word about
the quality and effectiveness of our products continues to spread,
our CannazALL™ brand is rapidly becoming the CBD oil nutraceutical
of choice and we are doing everything necessary to benefit from
this awareness and continue our
quarterly growth."
*Complete quarterly financial results for the company will be
posted to OTCMarkets.com later today.
About HempLife Today™
Hemp Life Today™ was created by a group of highly motivated,
skilled and health minded people. Who have learned that Hemp, and
Hemp related products, can be a great source of increased health,
vitality, and overall wellbeing in our lives. We also believe that
high grade CBD (Canabidiol), could very well be the miracle
supplement the world has been waiting for as more and more people
discover the health benefits of this remarkable extract. hempLife
Today™ offers its quality CBD products @ www.HempLifeToday.com
About Ubiquitech
Ubiquitech Software Corp, through its subsidiaries is a dynamic
multi-media, multi-faceted corporation utilizing state-of-the-art
global internet marketing, Direct Response (DRTV) Television,
Radio, and traditional marketing, to drive traffic to the new and
emerging multi-billion dollar industries like its subsidiary
HempLifeToday™. HempLifeToday™ focuses on the exciting and dynamic
new thinking in the world today that recognizes the important
health and life enriching enhancement that CBD Oil from the Hemp
plant can bring. Through its network of quality USA growers
HempLifeToday.com™ has developed multiple and proprietary
CannazALL™ CBD oil products that include; It's popular CBD
Tinctures, Oils, GelCaps, CBD Powder, Skin Salve, Wax Honey, and
e-liquid, all offered @ www.HempLifeToday.com
This press release contains forward-looking statements. Words
such as "expects", "intends'', "believes'', and similar expressions
reflecting something other than historical fact are intended to
identify forward-looking statements, but are not the exclusive
means of identifying such statements. These forward-looking
statements involve a number of risks and uncertainties, including
the timely development and market acceptance of products and
technologies, the ability to secure additional sources of finance,
the ability to reduce operating expenses, and other factors
described in the Company's filings with the OTC Markets Group. The
actual results that the Company achieves may differ materially from
any forward-looking statement due to such risks and uncertainties.
The Company undertakes no obligation to revise or update any
forward- looking statements in order to reflect events or
circumstances that may arise after the date of this release.
