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Medbox Partners with Bio-Tech Medical Software to Create Nation's Safest Prescription Drug and Medical Marijuana Distribution System
Date:2/13/2013

spensing. The company reports that this was a missing piece of the puzzle that will allow for a complete all-in-one solution the company can market to operators in medical and recreational marijuana states. This powerful compliance tool will also be showcased for educational and demonstration purposes for state officials looking to learn how to implement and track state adopted medical and recreational marijuana programs in their respective states.

Bio-Tech has been in business since 2007 and has been involved with multiple state bills in both Florida and Colorado. The company also has contacts in additional states that they will continue to tap in pursuit of further legislative opportunities. Their flagship marijuana tracking system, BioTrackTHC, has been in production use for over two years and has been featured in many news segments, including 60 minutes. BioScriptRx was initially piloted in 2009 as a controlled substance tracking platform, but has since expanded to include pseudoephedrine tracking and biometric e-prescribing. The company's CEO, Dr. Steven Siegel , said "Medbox is the perfect partner for both of our major product lines. Their patented technology, goals, and proven track record are consummate with our own and we look forward to a long-term, mutually beneficial relationship."

According to the Centers for Disease Control and Prevention, prescription pill abuse is a national epidemic. Officials in Pennsylvania are moving quickly to integrate biometric means of reducing prescription abuse and fraud. Last year, New York signed the I-STOP law that requires real-time monitoring of prescriptions and electronic distribution of prescription pills. A number of other states are also looking for means of controlling the epidemic.

"This is the future of prescription drug regulation. We believe it is only a m
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SOURCE Medbox, Inc.
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1. Medbox, Inc. Comments on Record Trading Day
2. Medbox, Inc. Featured in Multiple Media Stories in Massachusetts and California
3. Medbox, Inc. Releases Demo Video and Collateral Media Concerning How Their Systems Will Be Used in Massachusetts Medical Marijuana Dispensaries
4. Medbox Communicates with Shareholders, Comments on Pending Transition to OTC Bulletin Board, and Announces Appearance on Fox Business News Channel
5. AVT Develops Biometrically Secure Medicine Storage and Retrieval System for Medbox RX
6. Medbox, Inc. Releases 2nd Quarter Financials
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9. Medbox, Inc. Announces Top-Tier Rating by Dun & Bradstreet Credibility Corporation
10. Acquisition of BioClinica, Inc. by JLL Partners, Inc. May Not Be in BioClinica, Inc. Shareholders Best Interests
11. EU Commission selects Human Brain Project, with Israelis as partners
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