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Medbox Signs Ad Deal With Entrepreneur Magazine
Date:3/8/2013

HOLLYWOOD, Calif., March 8, 2013 /PRNewswire/ -- Medbox, Inc. (OTC Markets: MDBX) (www.medboxinc.com), announced they have signed a deal with Entrepreneur Media for a full page ad placement in their award winning magazine "Entrepreneur." This leading small business magazine serves 619,988 paid subscribers as of July 2012 and boasts a total readership exceeding 2.7 million. The placement represents Medbox's most aggressive marketing project to date. The ad, which will debut in the May issue and will continue for at least a six month run, will urge Entrepreneur's ambitious and affluent audience to "Join The Green Rush."

"This marks the first time any marijuana related business, albeit a passive relation as is the case with Medbox, will be featured in a mainstream investment periodical of this magnitude," said Dr. Bruce Bedrick , CEO of Medbox, Inc. "The advertisement is the most significant promotion vehicle the company has ever pursued and we are elated that Entrepreneur is fostering a working relationship with Medbox."

The company also issued a shareholder update via email to its certificate holders of record. Pursuant to regulations, the company is making the information contained in the email public via press release. The email contained the following highlights achieved by the company over the last few months:

  • Highest revenue generating month in the company's history occurring in January of 2013 at $900,000
  • Commenced audit of prior 2-years financials in order to become fully reporting with the SEC (target completion this month)
  • Confirmed a total of over $4.5m revenue booked for the 2012 calendar year
  • Acquired an interest in Bio-Tech Medical Software, Inc. (business has 2 patents that are instrumental in stopping prescription pill abuse through the use of biometric techn
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SOURCE Medbox, Inc.
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