Itonis, Inc. Signs LOI With MyECheck, Inc. for Licensing of App for Medical Marijuana Point of Purchase
17 Marzo 2014 - 8:27PM
Marketwired
Itonis, Inc. Signs LOI With MyECheck, Inc. for Licensing of App for
Medical Marijuana Point of Purchase
LAGUNA HILLS, CA--(Marketwired - Mar 17, 2014) - Itonis, Inc.
(PINKSHEETS: ITNS) is pleased to announce that it has entered into
a Letter of Intent with MyECheck, Inc. to acquire a software
license for MyECheck's patented mobile payment app that will
facilitate point of purchase transactions for medical marijuana,
gambling, and general retail sales.
MyECheck, Inc. is a publicly traded company (PINKSHEETS: MYEC)
that has developed and patented a software payment platform that
allows instant and secure digital payments providing consumers a
new and alternative payment option other than credit/debit cards,
checks, wires, and ACH.
"We are excited to announce this new relationship with MyECheck
for Itonis to license and distribute the availability of this new
consumer payment option. The Company is confident that this
new venture will add value to our shareholders," says Mark Cheung,
Itonis' CEO. "We expect to have further information as we
finalize the licensing agreement."
About Itonis,
Inc. Itonis, Inc. was incorporated in the state of Nevada on
July 5, 2005 under the name of Kenshou, Inc., which later changed
to Itonis, Inc. on December 2, 2005. Please visit
www.itonisholdings.com.
Safe Harbor:
Statements in this press release may constitute forward-looking
statements and are subject to numerous risks and uncertainties,
including the failure to complete successfully the development of
new or enhanced products, the Company's future capital needs, the
lack of market demand for any new or enhanced products the Company
may develop, any actions by the Company's affiliates that may be
adverse to the Company, the success of competitive products, other
economic factors affecting the Company and its markets, seasonal
changes, and other risks detailed from time to time in the
Company's filings with the U.S. Securities and Exchange Commission.
The actual results may differ materially from those contained in
this press release. The Company disclaims any obligation to update
any statements in this press release.
Contact: Itonis, Inc. Email Contact
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