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In a share for share transaction, Sunnylife has acquired all of the issuedand outstanding shares of Heart Link Biomedical, Inc., ("Heart Link") aCalifornia based company with a research subsidiary in the People's Republicof China. Heart Link has filed worldwide patents on two medical products witha total of 153 claims. One of these products, the BVCS (Blood Vessel CleaningSystem) is in the animal testing stage. Heart Link will continue to operateas a wholly owned subsidiary.
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Mark Chen has been appointed Chairman of the Board and CEO, with Lily Leeas Executive Vice President on August 3, 2008.
Mark Chen, commenting on the new structure, took a very positive approachexpressing that the original management of Sunnylife laid part of thefoundation which we can build on. Sunnylife will be focusing on developingits membership-based hospital chain in China, known as World FriendshipHospital Group. It is now time for the Company to enter the execution andgrowth phase and this requires a professional management team with successfultrack records in hospital operations, membership-based medical planmanagement, hospital acquisitions, corporate finance, and local deal-executioncapabilities, in ordered to bring the company to a higher level in the USSecurities Market.
Sunnylife Mission
Sunnylife is committed to develop a membership-based hospital chain inChina which will:
In the next 10 years, World Friendship Hospital Group aspires to upgrade,manage, and own up to 100 membership hospitals in China (2.4% of the hospitalsowned by state owned corporations). Sunnylife will also provide world-classtraining in medical care and hospital management for Chinese doctors, nurses,and hospital personnel. Currently, Sunnylife has partially renovated onehospital and is in the process of finalizing the upgrading plans for a secondone.
Safe Harbor Statement
The statements contained herein, which are not historical, areforward-looking statements that are subject to risks and uncertainties thatcould cause actual results to differ materially from those expressed in theforward-looking statements. All forward-looking statements attributable to theCompany, or persons acting for the Company, are expressly qualified in theirentirety by these cautionary statements.
Contact: Angela Kao
[email protected]. Provide quality medical services to the patients; 2. Offer affordable healthcare for the public; and, 3. Become an ideal partner for other hospitals.
SOURCE Sunnylife Global, Inc.
