$AHIX - Aluf Holdings Inc., is further pleased to update its shareholders on its acquisition of its new Regulatory Compliance Software and the launch of a new subsidiary for the Company focusing on assisting security firms, such as banks, law firms, clearing firms, and broker dealers that sell investment products to the public to comply with rules and regulations of the securities industry. It will also help reduce compliance/supervision costs while improving regulatory compliance. This cost effective software solution will also help management monitor account activities. "We are days away from executing the definitive purchase agreement for this copyrighted software acquisition, allowing the Company to once again bring value to its shareholders in a rapidly growing industry," said Teresa McWilliams, CEO Aluf Holdings, Inc. Firms will pay a one-time setup fee that covers establishing a master account, populating individual tables, mapping data files, testing data file exchange and providing system training.
http://www.marketwatch.com/story/aluf-holding...2016-03-09