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American Green Executes Acquisition Agreement With TrackX -- a Global Leader in Cloud-Based Physical Asset Management

Submitted by Marijuana News on Mon, 06/29/2015 - 15:19

TEMPE, AZ--(Marketwired - Jun 29, 2015) - American Green, Inc. (OTC PINK: ERBB) is very pleased to announce today that it has executed an acquisition agreement with TrackX, LLC(www.TrackX.com). TrackX, a Denver-based company, is one of the country's leading providers of complete Radio Frequency Identification (RFID) tracking and cloud-based physical asset management systems. TrackX owns and maintains process patents and services designed to cater to numerous nationally recognized customers. American Green believes that TrackX is positioned to be the premiere RFID-enabled asset tracking and supply chain solutions provider globally. Currently available market data shows that in 2014, the world RFID market was worth $8.89 billion, up from $7.77 billion in 2013 and $6.96 billion in 2012. This includes tags, readers, and software/services for RFID cards, labels, fobs, and all other form factors. TrackX is well positioned to be the next-generation platform for the "Internet of Things" that is projected...

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Region: 
Arizona
United States

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URL: 
http://finance.yahoo.com/news/american-green-executes-acquisition-agreement-120000582.html

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