ABT Reports Success in Beta Testing of its AutoClaim App

Pasadena, CA, Feb. 11, 2016 -- ABT Holdings (OTC Pink: “ABOT,” or the “Company”) today announced that it has received positive feedback on beta testing of the “AutoClaim” App Version 4.1 from beta-testers, which included, among several things, benefits and features of the app, desirability to download the app, and end-user experience on the usage of app under normal and stress (during simulated accident scenario) conditions.

The Company is a pioneer in real time Mobile Claims Documentation and Management System and expects to launch the App nationwide by the end of the first quarter of fiscal 2016. The Company is continuously receiving pre-launch awareness as AutoClaim.com is among the premium insurance domain names that generates natural online traffic.  

Commenting on the Company’s direction for the launch of AutoClaim App for personal use, Shahan Ohanessian said, “Current test results are clearly showing that the App is delivering the promised user experience with respect to benefits and functionalities. In the next coming weeks, our AutoClaim marketing team will be launching several social media and branding campaigns for a major launch, while the operations team is establishing a solid customer and tech support for our end-users.”  

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About Scoobeez, subsidiary of ABT Holdings, Inc.

Based in Los Angeles, California, Scoobeez is a “Real Time Delivery” and “Same Day” door to door delivery service company that facilitates same day deliveries for enterprise clients. Scoobeez’s value proposition includes utilization of technologies, exceptional customer experience, and logistic creativity to deliver its clients’ products to their customers within the shortest possible time-frame. For more information, please visit Company’s website by clicking here. You may connect and follow Scoobeez on Facebook, Twitter and Instagram.

About the Company

ABT Holdings, Inc. is a diversified holding company engaged in acquiring, developing and growing various businesses that provide strategic advantages, generate attractive returns and significant free cash flow in order to maximize value of our shareholders.

Safe Harbor / Forward-Looking Statements

Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as “anticipate,” “believe,” “forecast,” “estimate,” “expect,” and “intend,” among others. These forward-looking statements are based on the Company’s current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements. These factors include, but are not limited to, substantial competition; our possible need for financing; uncertainties of technological changes; and dependence upon third parties. The Company does not undertake an obligation to update or revise any forward-looking statement. All of the Company’s forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date hereof.

Company Contact:
Imran Firoz, CFO
ABT Holdings, Inc.
OTC PINK: ABOT
225 S Lake Avenue | Suite 300 | Pasadena | CA 91101
T: +1 818.302.0100
E: [email protected]