Source: Signal Bay Inc.

Signal Bay Inc. to Acquire Cannabis Testing and Research Laboratory

LAS VEGAS, NV., May 8, 2015 (GLOBE NEWSWIRE) -- Signal Bay Inc. (OTC:SGBY) is pleased to announce that is has entered into a Letter of Intent (LOI) to acquire a majority interest in an operating U.S. medical marijuana testing and research facility to carry out statewide requirements. The technical science and compliance team that have been operating the facility and serving the needs of their local customers since 2014 will be retained.

"As our ongoing industry research delivers practical testing and research income opportunities, we are confident of the next step in our future" stated William Waldrop CEO of Signal Bay

The LOI targeted to close by May 31, 2015.

About Signal Bay, Inc.                                      

Signal Bay Inc., through its wholly owned subsidiaries Signal Bay Research, Inc. and Signal Bay Services, Inc. provides research, analysis, advisory services, and operating services to the medical marijuana industry.  Signal Bay Research, in partnership with industry experts, provides comprehensive industry data and business intelligence for the legal cannabis industry.   Signal Bay Services provides advisory, agricultural and management services to licensed medical marijuana establishments. SignalBayInc.com SignalBayResearch.com (702) 748-9944

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