New Pick for Tomorrow is AHIX
Good afternoon traders,
After reading this alert you may fully understand why AHIX warrants your absolute attention. AHIX is a holdings company that, through its subsidiaries, develops proprietary software, software algorithms, and much much more in related fields.
Now let me tell you why AHIX could be an exciting catch in the OTC Markets ocean!
Just last month, AHIX announced that it has reached a Joint Venture Agreement with Vanderbilt Bonds. Vanderbilt Bonds will provide up to $5 million USD in financing to acquire the Biometric IP assets which will be transferred into its new operating entity, Aluf Biometrics, Inc.
This joint venture agreement will enable Aluf Holdings to rapidly and aggressively expand its footprint in the Biometric space. Teresa McWilliams, CEO of Aluf Holdings stated, "This Joint Venture with Vanderbilt comes at an exciting time for the company. This financing is key to finalizing the Biometric acquisition and will allow us to become a major player in the Biometric industry."
Here is that full press release: http://finance.yahoo.com/news/aluf-holdings-inc-announces-5-130000393.html
I haven’t even gotten into AHIX's technical setup yet. According to otcmarkets.com, AHIX has a low float of around 7M shares. That means that a slight breeze could trigger the momentum this thing needs to soar! At it's current share price, we could see multiple digit gains easily. We’ve all seen what our low float-type alerts can do, especially with some early morning momentum.
And according to their most recent quarterly report, On July 27, 2015, AHIX entered into a Non-binding Letter of Intent to acquire the assets of a biometric software innovator formed in 2004, whose software products include “undefeatable” FIPS 140-2 Suite B military grade encryption. This technology is used for the purpose of identifying and authenticating an individual using his unique physical characteristics. Biometrics measure and analyze both physiological and behavioral characteristics such as DNA, fingerprints, eye retinas and irises, voice patterns, facial patterns, vein and signature patterns and hand measurements for authentication or identification purposes of a human being. The Company plans to form a new operating entity for this acquisition.
Business Summary
Aluf Holdings, Inc
www.alufinc.com
Aluf Holdings, Inc., through its subsidiaries, develops proprietary software, software algorithms, and hardware for testing and data mining of computer hard drives, memory, and magnetics, as well as semiconductor and nanotechnology- based device components. It builds advanced test solutions for engineering and manufacturing sectors to verify devices made correctly; reliability tests to predict when the device will fail during usage; and characterization tests to verify the manufacturing operation in building the device. Its product lines include Predictive, Demonstrated, and Quantitative (PDQ) - Wafer Level Reliability (WLR), a wafer level reliability test software package; the ASUR SDR software suite that provides an environment in which users can test semiconductor wafers by using the JEDEC compliant PDQ-WLR algorithm library; and ASUR PDR, which provides an immediate view of stresses and device behaviors through the use of its real-time plotting tool. The company also provides shipping and coordination services for retail and wholesale, electronics, and manufacturing companies worldwide; and operates cloud based tracking and e-logistics.
Market Outlook
The biometrics market is one of the key growing electronic security markets in the global landscape. Increasing government spending, national ID projects, e-passports & visas, rising crime rates, growing terrorist activities, cybercrimes, and data thefts are the factors that are spurring the market for various biometrics technologies globally.
According to 6Wresearch, Global Biometrics Market is projected to reach $21.9 billion by 2020. In global biometrics market, fingerprint biometrics technology has contributed for majority of the market revenues. Ease of usage and low cost of fingerprint based biometrics devices have resulted for their dominance. In the forecast period, fingerprint biometrics technology is expected to maintain its leadership; however, demand for other biometrics technologies based systems is exhibited on account of higher reliability and accuracy.
IRIS, face, vein and multimodal biometrics are relatively growing at higher growth rate due to lower FAR and FRR as compared to fingerprint biometrics technology. Globally, market for multimodal biometrics systems is expected to surge owing to their increasing penetration in government & transportation application. Usage of these systems in national IDs and biometric passports & visas majorly are fueling multimodal biometrics market.
Globally, government & transportation application has captured major share of pie in overall global biometrics market. National ID projects, e-passports & visas, biometrics technology enabled driving license, and several other government projects across the globe have led for this application dominance. Consumer electronics application is the fastest growing application in the global biometrics market. Increasing usage of smart devices such as smartphones and tablet PCs in the global market is witnessed as major driving factor, where biometrics technologies especially fingerprint is used for authenticating the individuals over these devices to restrict unwanted access. Further, m-commerce industry is witnessing exponential growth in various countries of the world, which would surge the shipment of biometric enabled smartphones and tablets in global market.
Here’s the full market outlook: http://www.6wresearch.com/press-releases/global-biometric-bio-metric-market.html
There you have it folks! Get started on your research now!
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