Aluf Holdings, Inc. (“Aluf,” “Aluf Holdings”, or the “Company”), a Nevada corporation, originally incorporated under the laws of New York in 1977 traded on NASDAQ from 1984 until filing a voluntary Form 15 in 2009. In 2012 Aluf relocated its state of incorporation to Nevada and moved its corporate headquarters to South Florida. In 2015 ALUF had a change in its executive leadership and the new management began the process of repositioning the company to build a world leading technology holding company, focusing on deep and emerging technologies, through strategic mergers and acquisitions. Aluf has identified, and is now under contract to close on the acquisition of the first two companies in the biometric sector:

• Target Company (“TC”), a Biometric Identity as a Service company that is redefining identity in a rapidly evolving digital world. TC uses artificial intelligence, biometrics, and IoT communication to provide businesses with a new level of identity validation that enables them to know and protect their customers’ identities, while providing a seamless experience from enrollment through the life of the relationship across any platform and camera-enabled device. TC’s cloud-based solution is a privacy-preserving ecosystem of identity vectors that learns and perfects itself on each user, their environments, and the devices they have which enables TC to deliver passive multidimensional authentication with unmatched speed and accuracy at scale. TC’s solution is easily integrated and deployed across any platform and camera-enabled device, providing businesses with the ability to proactively reduce fraud and increase omnichannel revenue. TC’s solution solves for a myriad of uses cases across industry verticals in markets around the world. TC’s patent-pending technology and novel approach to Al-powered multidimensional identity validation positions the company to capture massive market share in the still young but fast-growing biometric, and digital identity & fraud prevention sectors, which are expected to be $14.6 Billion and $28 Billion, respectively, by 2023.
• Additional Target Companies (“ATC”) Aluf Holding’s initial focus is the digital identity and biometrics sectors. Aluf will identify, invest in, and acquire companies creating the next evolution of authentication and verification solutions, with an emphasis on building out a comprehensive multi-modal biometric framework that includes face, voice, fingerprint, palm vein, retinal scan, behavioral, and recurrent still frame and video comparison verification. This approach will position Aluf and its portfolio of companies to deliver a full identity corroboration hub to governments and enterprises around the world. Mergers and acquisition targets will feature common attributes and parameters, such as robust margins, high-growth potential, economies of scale, and low barriers to rapid, efficient integration of operations, especially sales, marketing, and customer service. Other companies have been identified for acquisition and Letters of Intent (LOIs) are in place as the company raises capital and negotiates the final definitive agreements with the sellers.
  
  As it expands, the Company’s overall portfolio of companies may include other vertically and horizontally aligned technologies, products, and services in the areas of Cybersecurity, AI, IOT, Cloud & Edge Computing, and Blockchain; Technologies that will continue to drive the future of an expanding digital economy and the fourth industrial revolution.