Company Anticipates Consumer Demand for Vaporizers to Continue Rapid Growth Through 2014
WEST HOLLYWOOD, Calif. -- Medbox, Inc. (OTC Markets: MDBX) (www.medboxinc.com), a leader in providing consulting services and patented systems to the medical and retail industries, announced that they are in the final stage of testing the newest product from its wholly-owned subsidiary, Vaporfection International, Inc. The miVape (Patent #WO2012083168A2) represents an engineering effort years in the making. The portable vaporizer is expected to go on sale to the public by May 1, 2014.
"The portable vaporizer market has exploded over the last twelve months," commented Dr Bruce Bedrick, CEO of Medbox, Inc. "With so many products flooding the market, we didn't want to release 'just another vaporizer' into an overcrowded field. We needed to produce a game-changer."
With the release of the miVape, company executives claim to have done just that. "The miVape experience is unlike any other portable vaporizer I've seen," Dr Bedrick continued. "The all-glass herbal chamber produces the same high-quality contaminant-free vapor as the viVape, but with complete portability."
In designing the miVape, the company conducted research on some of the most popular portable vaporizers currently available. The goal was to replicate features popular with consumers while trying to avoid some of the common pit-falls. "Without a doubt, the number one complaint about high-end portable vaporizers is the difficulty and frequency of required cleanings," stated Vincent Mehdizadeh, the company's Chief Operations Officer. "Our engineers have developed the miVape to operate with disposable cartridges that immensely simplify use and maintenance. These cartridges can be pre-loaded and stored for later use. Because the chamber never comes into contact with the heating element, the miVape can be used extensively in-between cleanings."
Another chief concern among portable vaporizer users noted by Medbox was that some vaporizers might actually be combusting the plant material, either through inaccurate temperature controls or by the chamber coming into direct contact with the heating element. "Basically, a lot of these so-called portable vaporizers should really be called electronic pipes. They're not producing vapor. They're producing smoke," Mehdizadeh stated. "The miVape is a true portable all-convection vaporizer. First time users are consistently blown away by the purity of the vapor and how evenly and efficiently the miVape extracts the active ingredients from their herbs. Users have noted the miVape vapor never tastes 'burnt' or 'like plastic' as is the case with some competitors."
With portable vaporizers becoming must-haves for an increasing share of Americans, the company hopes to capitalize significantly on the trend. "By now, most people are sold on vaporizing. They understand what makes it preferable to smoking. Our only task now is to show them why ours is the best portable vaporizer out there," concluded Dr Bedrick.
The company will be unveiling its new product at the Champs Trade Show in Las Vegas January 21-23, 2014.
For more information on Medbox, call (800) 762-1452 or go online to www.medboxinc.com.
For more information on Vaporfection International, call (866) 997-6111 or go online to www.vaporfection.com
About Medbox, Inc:
Medbox is a leader in the development, sales and service of automated, biometrically controlled dispensing and storage systems for medicine and merchandise. Medbox has offices throughout the world, including New York, Arizona, Connecticut, Massachusetts, Florida, Tokyo, London and Toronto, and has their corporate headquarters in Los Angeles, California.
Medbox provides their patented systems, software and consulting services to pharmacies, dispensaries, urgent care centers, drug rehab clinics, hospitals, prison systems, hospice facilities, and medical groups worldwide. In addition, through its wholly owned subsidiary, Vaporfection International, Inc. (www.vaporfection.com), the company offers an industry award winning medical vaporizer product.
Medbox, Inc. is a publicly traded company, and is quoted on the OTC Markets, ticker symbol MDBX.
For more information on Medbox, please contact the Medbox Investor Relations Department at (800) 762-1452 or go online to www.medboxinc.com.