FT. LAUDERDALE, Fla., July 21, 2022 (GLOBE NEWSWIRE) -- Aluf Holdings, Inc. ("AHIX") ("Aluf") (OTC PINK: AHIX), a holding company headquartered in Fort Lauderdale, FL, engaged in acquiring, operating, and managing subsidiaries in the development and sale of proprietary software, bringing to market advanced technologies and business management solutions, announced today their plans in the development of digital healthcare devices. The development of the device is in collaboration with SBN Group Corp., a New York based healthcare solutions company focused on tailoring healthcare solutions for individuals, corporate clients, and healthcare providers. The primary goal of the device is to optimize the patient’s standard of living while maintaining independence, privacy, and safety.
“According to SkyQuest Technology Consulting, the global digital health market is projected to reach $551M by 2027 from $220M in 2021, at a CAGR of 16.5%,” states Sam M. Jakobs, Aluf Holdings CEO. “Expanding the offerings of beneficial healthcare products and services is key to serving our aging demographic and people with chronic medical issues. We look forward to joining this ever-growing industry and helping people maintain or increase their quality of life,” continues Jakobs.
About Aluf Holdings, Inc.:
Aluf Holdings, Inc. is a publicly traded holding company whose core competency is to acquire, manage and propel "Next Gen" technology companies into the future. Our focus includes Biometrics, Cybersecurity, Computer Vision, and Software/Hardware verticals.
For more information go to www.aluf.com
Safe Harbor Statement:
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. 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. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company's ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company's suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.
Corporate Contact:
Aluf Holdings, Inc.
Teresa McWilliams
Chief Financial Officer
866-793-1110
