Caduceus Software Systems Creates Inventory420.com, Inventory Tracking Software as a Service for CBD and Marijuana Seed to St...
November 29 2016 - 8:02AM
Access Wire
CSOC chooses Amazon.com AWS to host the
service
JOHNSTON, RI / ACCESSWIRE / November 29, 2016 /
Caduceus Software Systems Corp (The Company), trading on the
OTCMarkets with ticker symbol CSOC (OTC: CSOC) has released an 8K
on November 28th 2016. The 8-K was filed through Edgar. This is an
official announcement of that 8K.
The Company is pleased to announce its intentions to create an
Inventory tracking system for the Marijuana industry. It intends to
make a Software as a Server (SaaS) for growers and vendors that
covers all aspects of tracking its related product; which is known
as Seed-to-Store tracking.
The Company had a vigorous board meeting held on November
8th 2016 todiscuss its business plan and revenue stream.
A motion was passed (2/2) to broaden the scope of the business plan
to add subscriber-based product offerings, IT consulting, and
hardware/software reselling.
The Software as a Service (SaaS) subscription models (recurring
revenue model) is what the Company strives to do; as recurring
revenue models uses efficient business models.
A motion was passed (2/2) to make a SaaS platform for niche
products. Specifically the Company has identified the need for
reliable Inventory Tracking Services for the growing Marijuana
Dispensary and Cannabis Derivative sector.
The reason for choosing the Marijuana Dispensary and Cannabis
Derivative Inventory Tracking System is because: A) There are
numerous public companies that are selling these products and may
need the expertise of tracking their items. B) Having clients that
are publicly traded adds legitimacy and has advantageous marketing
aspects. And C) We have a good working knowledge of how and where
the hosting servers are domiciled, in order to abide by all
regulations set forth upon the industry, so that the Company can
help these marijuana start-up businesses be compliant.
The Company has programming expertise and knowledge to execute
and code the software lifecycle and relevant use-cases, to make a
viable SaaS platform for vendors of Cannabis, growers of Cannabis,
and related hardware vendors, in order to track their products.
(This is known in the industry as Seed to Store tracking).
The Company has reserved the domain name www.Inventory420.com to
serve as a portal for these SaaS offerings.
The Company has chosen Amazon.com's AWS hosting to be the prime
hosting vendor for this project because it has geographical load
balancing and can abide by the appropriate jurisdictions that then
legally serve its content to our clients. We currently chose
Amazon's Oregon Cloud hosting service, and plan to expand to other
Amazon Cloud cities to meet our clientele needs.
"Our inspiration behind the CBD and Marijuana inventory tracking
system was from a bid by another publicly traded company that has
been following our progress via news announcements and by following
our team's twitter and website. They had opened a tender (called a
Request for Proposal) as they need an inventory tracking system and
had emailed and called us to discuss whether we can build such a
platform. The conversation concluded that we will, on best efforts,
build a SaaS offering so that any vendor can use it and they will
be part of our recurring revenue model, so that it is not exclusive
to them. Since we are in the RFP bid stage we cannot discuss more
details or the company name," says Richard Tang, CEO and President
of Caduceus Software Systems Corp.
This information has been disclosed as an 8K Subsection 8.01
Material event because it is an amendment to our original business
plan. Future subscriber based software (SaaS) will be disclosed via
8K Filings, as it affects our potential revenue stream.
About The Company
Caduceus Software Systems Corp is an innovation company. It
develops software, software design assets and technical expertise
to its clients. The term, Caduceus, is an ancient symbol of good
business/commerce.
The company is focused on innovation with search as a primary
project, and has lots of experience in IT in harsh environments,
and it has a passion for music and the ability for music
searchability improvements. It has assets and intellectual property
that has accumulated for the past 5 years and will be applied to
its projects.
As of November 2016, the company has recently expanded its
business model to include Software as a Service (Cloud business
services) to obtain recurring revenue streams.
It has projects in technology currently, and has strategic
alliances with the open source community.
Forward Looking Statements
Some information in this document constitutes forward-looking
statements or statements which may be deemed or construed to be
forward-looking statements, such as the closing of the share
exchange agreement. The words "wishes", "aspires", "plan",
"forecast", "anticipates", "estimate", "project", "intend",
"expect", "should", "believe", and similar expressions are intended
to identify forward-looking statements. These forward-looking
statements involve, and are subject to known and unknown risks,
uncertainties and other factors which could cause the Company's
actual results, performance (financial or operating) or
achievements to differ from the future results, performance
(financial or operating) or achievements expressed or implied by
such forward-looking statements. All forward-looking statements
attributable to Caduceus Software Systems Corp., herein are
expressly qualified in their entirety by the above-mentioned
cautionary statement. Caduceus Software Systems Corp., disclaims
any obligation to update forward-looking statements contained in
this estimate, except as may be required by law.
For information of our latest news, and our trending posts:
Our preferred social media outlet is Twitter:
Twitter.com/CSOCusa or @CSOCusa
www.caduceussoftware.net
info@caduceussoftware.net
This press release is approved by the Company,
Caduceus Software Systems Corp.
SOURCE: Caduceus Software Systems Corp
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