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Tuesday, 02/14/2017 1:02:04 PM

Tuesday, February 14, 2017 1:02:04 PM

Post# of 7209
ABT Holdings Announces Appointment of Mahesh Shetty to its Board of Directors

Pasadena, CA, Jan. 23, 2017 (GLOBE NEWSWIRE) -- ABT Holdings (OTC Pink: ABOT), at times, referred to as “ABT or the “Company,” today announced that Mahesh Shetty, Director and Chief Financial Officer of SG Blocks, has been elected to ABT’s Board of Directors.

Shetty brings over 25 years of experience in the fields of strategy, accounting, finance, financial planning, taxes, and treasury, as well as audit and compliance activities. Shetty is also currently the Chairman of the US India Chamber of Commerce DFW, a non-profit 501(c) (6) organization created by successful Americans of Indian origin, wanting to encourage and facilitate trade between the United States and India. Before joining SG Blocks, Shetty was the COO and CFO of Encore Enterprises, a private equity real estate firm with over $750 million in assets and over 800 associates. Previous to his association with Encore, he was the Chief Financial Officer of North American Technologies Group, Inc., a NASDAQ - listed manufacturing company focused on the transportation industry.

Shetty began his career at PricewaterhouseCoopers (PwC), which is and is one of the Big Four auditors and the most prestigious accounting firm as per Vault Accounting 50. He has served in executive finance and operational leadership roles with Fortune 500 and mid-size private and public companies in the manufacturing, technology and service industries. In 1999, he completed his MBA from the University of Texas at Dallas with Summa Cum Laude honors.

“I am delighted to serve on ABT’s Board and contribute to their continued success,” said Shetty.

“We are extremely pleased to welcome Mahesh (Shetty) to the Board of ABT. He brings critical sets of skills in the field of corporate finance, accounting oversight, and SEC audit compliance,” said Shahan Ohanessian, ABT’s CEO. “Mahesh shall play a major role and guide the Company through its process of becoming a reporting company with the Securities and Exchange Commission (“SEC”) and its intention to uplist on a higher exchange.”