Lance Brinker Joins ABT's Board of Directors

Pasadena, CA, Jan. 26, 2017 (GLOBE NEWSWIRE) -- ABT Holdings ABOT, at times, referred to as "ABT or the "Company," today announced that Lance Brinker, a former divisional head of UPS, has been elected to ABT's Board of Directors.

Brinker brings over 25 years of experience in all package delivery and logistics services with UPS. In the United States, UPS delivers and picks up more than 15 million packages each day and has 345,000 employees. As a Divisional Head, Brinker was responsible for all Feeder, Package, Labor, Airlines and Safety operations in a large portion of the State of Texas. He presided over ten division-level managers and led over nearly 3,000 UPS employees.

Brinker began his career with UPS in 1986 as a driver then on-car supervisor providing oversight to delivery drivers. Throughout his career at UPS, Lance has held various positions of increasing responsibility in industrial engineering, human resources, business development, and operations. He has completed advanced management programs with Bachelor of Science degree from Letourneau University.

"In such a short period, ABT's Scoobeez has achieved tremendous growth and success in the on-demand and same-day delivery business. It is admirable to know Scoobeez' dynamic leadership and its ability to implement innovative technologies, and I'm honored to be joining their board I look forward to working with them," said Brinker.

"We conducted an exhaustive search for someone who is a leader in operations and logistics. We are delighted to have identified such an outstanding individual who would further strengthen our Board's breadth of talent and background," said Shahan Ohanessian, ABT's CEO. "I'm confident that Lance (Brinker) is going to make a significant and positive impact on our company."

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About the Company

ABT Holdings, Inc., is a diversified holding company engaged in acquiring, developing and growing various businesses that provide strategic advantages, generate attractive returns and significant free cash flow to maximize the value of our shareholders.

About Scoobeez

Based in Los Angeles, California, Scoobeez is a "Real Time Delivery" and "Same Day" door to door delivery service company that facilitates same day deliveries for enterprise clients. Scoobeez' value proposition includes utilization of technologies, exceptional customer experience, and logistic creativity to deliver products 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.

Safe Harbor / Forward-Looking Statements

Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as "anticipate," "believe," "forecast," "estimate," "expect," and "intend," among others. These forward-looking statements are based on the Company's current expectations, and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements. These factors include, but are not limited to, substantial competition; our possible need for financing; uncertainties of technological changes; and dependence upon third parties. The Company does not undertake an obligation to update or revise any forward-looking statement. All of the Company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date hereof.