American Marconi Wireless News - Aluf Holdings Inc. Acquires HPN Worldwide Inc., Expanding Leadership in Population Health Management

"Consummating this acquisition represents a significant milestone for Aluf Holdings as we expand our footprint in the healthcare technology sector," said Joseph Paresi, Acting CEO of Aluf Holdings. "HPN's expertise in population health management aligns perfectly with our vision of leveraging technology to deliver impactful solutions. We are excited to welcome HPN to our portfolio and look forward to driving innovation together."

This acquisition is expected to drive synergies between the two organizations, fostering collaboration and innovation to enhance the delivery of healthcare services to meet the growing demand for effective population health management in an increasingly complex healthcare landscape.

"Joining Aluf Holdings is a tremendous opportunity for HPN Worldwide," said Dr. Bob Gorsky, President and Founder of HPN Worldwide. "Together, we can accelerate our mission to improve population health through innovative technology and collaborative care models. This partnership will enable us to expand our reach and impact, ultimately benefiting the communities we serve."

HPN Worldwide will continue operating under its established brand, ensuring continuity for existing customers and partners while integrating Aluf's strategic support and will continue refining its core competencies while leveraging Aluf's managerial expertise and resources. Together the companies are poised to expand their impact by delivering cutting-edge population health solutions to a growing client base. This collaboration fosters the development of new tools and strategies, enabling healthcare providers to meet the increasing demand for proactive care and data-driven decision-making in a complex healthcare environment.

About Aluf Holdings Inc.

Aluf Holdings Inc. publicly traded technology holding company dedicated to acquiring, developing, and managing a diverse portfolio of high-growth innovative businesses. Focused on delivering value and excellence, Aluf Holdings enhances lives and communities through transformative solutions.

About HPN Worldwide Inc.

HPN Worldwide Inc. is a leader in population health management, offering tools and insights that help improve the health outcomes of populations, enhance care quality, and reduce healthcare costs through proactive and coordinated health management strategies. Committed to innovation and quality, HPN Worldwide drives proactive, data-driven care across diverse populations.

Contact:

Teresa McWilliams, CFO
Aluf Holdings, Inc.
866-793-1110

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 of the Securities Exchange Act of 1934. These statements are based on assumptions that may not prove accurate and are subject to significant risks and uncertainties. Factors that could cause actual results to differ include, but are not limited to, the company's ability to secure financing, retain key personnel, ensure timely delivery of inventory, and develop and market new products. The company disclaims any intention or obligation to update forward-looking statements as a result of developments occurring after the date of this release.

SOURCE: Aluf Holdings, Inc.

F.Schneider--AMWN