Pasadena, CA, Sept. 28, 2015 (GLOBE NEWSWIRE) -- ABT Holdings (OTC Pink: ABOT, the “Company”) today announced that Scoobeez, an “On Demand” door-to-door logistics and delivery service company that primarily utilizes scooters and motorcycles along with cars to facilitate “Same Day” deliveries is expanding its services in the San Francisco region.
As reported earlier, Scoobeez has recently announced its plan to open its Las Vegas location in early part of October 2015, and subsequently will enter San Francisco’s On-Demand Hyper Efficient Logistics market in the fourth quarter of 2015. Scoobeez currently has its operations in four locations, including its headquarters in Glendale, California covering Los Angeles and Orange County area.
Shahan Ohanessian, CEO of ABT said, “We are well positioned to enter in the highly competitive and fragmented San Francisco and Bay area logistic market. We have developed a low cost and high operational efficiency infrastructure, where we have the ability to rapidly scale up our services without incurring large fixed and start-up costs. The Bay area Scoobeez office is a very important hub for us in terms of both operational growth and strategic planning. This is not the last stop for Scoobeez, we are targeting several other markets in the US, Europe and Asia, stay tuned.”
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About the Company
ABT Holdings doing business as ABT Holdings a diversified holding company engaged in investing, 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.
Scoobeez based out of Los Angeles, California is an “On Demand” “Same Day” door to door delivery service company that primarily utilizes scooters and motorcycles along with cars to facilitate same day deliveries. Scoobeez’s value proposition include utilization of technologies, exceptional customer experience, and logistic creativity to deliver messages, packages and other items within the shortest possible time-frame. For more information, please visit company’s website, click here. You may connect and follow Scoobeez on Facebook, Twitter and Instagram.
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company’s operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.
Contact: Imran Firoz, CFO ABT Holdings OTC PINK: ABOT 225 S Lake Avenue | Suite 300 | Pasadena | CA 91101 T: +1 818.302.0100 E: email@example.com
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