DENVER, CO--(NewMediaWire - Oct 6, 2016) - Ubiquitech
Software Corp. (OTC PINK: UBQU), with pending symbol and name change to
HempLife Today™ is pleased to report that revenues from its Popular
line of hemp derived CannazALL™ CBD products exceeded $906,000 for
the current quarter, and earnings rose to $81,324 from a loss of
$(24,884) in the year ago period.
The company achieved and exceeded its goals of 3rd quarter
growth through its proprietary and strategic marketing campaigns
and valuable robust word-of-mouth viral advertising. In addition to
its new CannazALL™ products, that continue to bring in new
customers, the company has also continued to lower its customer
acquisition costs from a high of $200 per customer at this time
last year, to under $25 per customer in 3rd quarter 2016.
CEO of HempLife Today™ James Ballas said, "We have a
solid plan for growth and profits for the company and this is what
allows us to grow at an ever increasing rate. Everything we have
done up to now, our first three years in this business, was to get
us into this position and ready to become the major player in the
industry. We are pleased, but not surprised, at what we have
already accomplished."
The company currently has plans (previously released), to more
than triple the number of customers for its CannazALL™ CBD products
in 2017. This is being done through an increase in Internet
awareness of the company and its products, increased Referrals,
increased social media, direct mail campaigns, and the incredible
viral "word of mouth" advertising the company experiences.
"I keep saying it because we mean it," adds James
Ballas. "If people think this year has been good just wait
and see what we have planned for 4th quarter 2016 and throughout
2017, because we are set up for nothing but growth."
The company also has a new name (HempLife Today™) and symbol
change pending and will release this information as soon as
possible.
About Ubiquitech (HempLife Today™)
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.com™
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 Crumble, 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.