AJ Greentech Holdings Acquires 100% Equity of SkyEye:DMS to Make Entrance Into IOT and iCloud Security Business

NEW YORK, NY and TAIPEI, TAIWAN--(Marketwired - May 16, 2016) -  AJ Greentech Holdings Ltd. (OTC PINK: AJGH), a leading developer, manufacturer and distributor of green energy, announced today that it has reached an acquisition agreement with SkyEye:DMS, a company that analyzes each registered driver's behavior and to form various reports, all to improve the driver's driving behavior towards mobility and safety on the road.

After the acquisition, AJ Greentech will aim to install SkyEye:DMS systems in each of its security convoy vehicles. SkyEye's hardware function is to collect the driver's driving status and record driving videos and then upload the necessary data to a cloud-based server. With AJ Greentech acquiring SkyEye, the hardware can be used to monitor the safety of the car and the driver, to successfully improve both mobility and safety on the road. This expansion will allow AJ Greentech to enter the cloud security business.

Chu Li An, Chief Executive Officer, commented, "This acquisition represents a substantial step forward for the company. SkyEye has demonstrated its capability as a driver awareness program. Our presence in a vast array of sectors will allow us to use the technology presented here to its fullest capacity. Our commitment to security and reducing accidents not only is a part of our stationary center business model, but it stretches to the open road as well."

About AJ Greentech Holdings Ltd.

AJ Greentech Holdings is a full-service environmental technologies and R&D firm dedicated to providing innovative solutions to communities, industries and governments addressing the issues of green energy, environmental protection and sustainability. It offers innovative solutions for Green Transportation, Green Energy and Sustainability. AJ Greentech integrates its own native advanced technologies along with third-party technologies and systems to provide its customers with the most effective and economical solutions. Additional information about the company is available at: www.aj-holding.com 

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