DALLAS, TX - March 3, 2014 - ProTek Capital/ Luxuriant Holdings (OTC Pink: PRPM) ("the Company") announces today Development of Proprietary ERP Software "MaryGen".
Luxuriant Holdings is currently developing ERP software completely customized for the cannabis marketplace. The software, MaryGen, will cover all aspects unique to the MJ marketplace such as; seed to sale and future accountability to the DEA and FDA. MaryGen covers all of the EPR needs of small to large companies. The company believes it will be a necessary as more states come online to legalization and the breath of products and retail outlets grow. MaryGen's market appeal will cross both the medical and recreational use. The company is on pace to be first to market with this custom multifunctional business tool that will aid companies in tracking their capital and products while maintaining regulatory compliance.
"I'm excited to report that MaryGen will come online in about two months and is projected to contribute to our overall revenue projections for this year in a healthy manner."
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About ProTek Capital, Inc.
ProTek Capital, Inc. has historically concentrated on acquiring a portfolio of unique and promising, high-growth potential companies.
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.
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SOURCE: ProTek Capital, Inc.