St. Petersburg, FL, Feb. 21, 2014 (GLOBE NEWSWIRE) -- FutureWorld (OTCQB:FWDG), a U.S. Diversified Holding Company formed to capitalize on the burgeoning technology markets globally, announces today that it is in discussions with the "Hemp" industry on deploying wireless agricultural sensor networks for precision agriculture, irrigation systems, and greenhouses, etc. Our Smart Agriculture models allow monitoring multiple environmental parameters involving a wide range of applications with smart sensors for Leaf Wetness, Atmospheric Pressure, Solar Radiation, Air Temperature / Humidity, Soil Temperature / Moisture, Ultraviolet Radiation and etc. The smart sensor information will be collected and sent via the cloud to the central office for analysis and procedural modifications.
The technologies will be provided through "HempTech", a division of FutureWorld in conjunction with its partners. Smart sensors and intelligent communication is part of the Internet of Things and agricultural smart sensors would allow efficient cultivation and production while minimizing cost and reducing risks.
President Obama signed a $1 trillion Farm Bill earlier this month that legalizes the cultivation of hemp in 10 states. We believe this is just a beginning. We estimate that in few years most states will legalize hemp cultivation for industrial usage. Hemp, as an agricultural construct, can benefit immensely from intelligent cultivation and production for many industrial usages; from paper, shampoos, fabrics, and medical drugs (medicinal marijuana and Marinol). HempTech will provide necessary intelligence for the future of hemp agriculture and its global potential.
FutureWorld (Other OTCQB:FWDG), a Delaware corporation, is a U.S. Diversified Holding Company, listed on the Over the Counter exchange, which was formed to capitalize on the burgeoning markets and technologies globally. FutureWorld, together with its subsidiaries, focuses on the identification, acquisition, development, and commercialization of burgeoning technologies globally. Through relationships with universities, research centers and government agencies, we strive to identify technologies on the leading edge of innovation that would contribute greatly to the global market needs while protecting the future for our children and theirs. To request further information about FutureWorld, please email us at firstname.lastname@example.org or log onto our website at http://www.futureworldenergyinc.com
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
CONTACT: FutureTechIR for FutureWorld Energy Investor Relations (239) 324-0000
Source:FutureWorld Energy Inc.