Aluf Holdings Inc provides update on development of digital health device

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FT. LAUDERDALE, Fla., Nov. 01, 2022 (GLOBE NEWSWIRE) — Aluf Holdings, Inc. (“AHIX”) (“Aluf”) (OTC PINK: AHIX), a Fort Lauderdale, Florida-based holding company engaged in the acquisition, operation and management of subsidiaries in the development and sale of proprietary software, bringing to market advanced technologies and management solutions. company, is pleased to announce the completion of conceptual development and market analysis to bring to market a portfolio of multifunctional digital health devices, in collaboration with SBN Group Corp. The main purpose of these devices is to integrate technologies and optimize an individual’s standard of living while maintaining independence, privacy and security.

As previously announced, on July 21, 2022, Aluf Holdings and SBN Group are currently exploring development and manufacturing with two major US medical device manufacturing companies. By working with proven companies, we can reduce market development time and provide consumers with well-tested products. We believe in bringing products to market using state-of-the-art materials and paying close attention to streamlined applications, with a deep understanding of target market needs.

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. We focus on the biometrics, cybersecurity, computer vision and software/hardware verticals.

For more information, visit www.aluf.com

About SBN Group Corp. :SBN Group Corp. is a New York-based healthcare solutions company focused on customizing healthcare solutions for individuals, businesses and healthcare providers.

Safe Harbor Statement:This release contains “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 on assumptions that , in the future, may prove to be inaccurate and are subject to significant risks and uncertainties, including statements about the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with of 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 cannot guarantee that these 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 obtain necessary financing, retention of key personnel, timely delivery of inventory from Company 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 McWilliamsChief Financial Officer866-793-1110

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Source: Aluf Holdings Inc.

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