LOS ANGELES, June 20, 2007 (PRIME NEWSWIRE) -- Sunnylife Global, Inc. (Pink Sheets:SNYL) announced today that, after receiving the ownership of the first Xiang Tan World Friendship Hospital in May 2006, their second Sino-U.S. joint-ventured "Hebei World Friendship Hospital" owned by Hebei Shijiazhuang Steel Co., Ltd. has been approved by the Ministry of Health. The Ministry of Health is the highest governmental department of medical management in the People's Republic of China. The turn-over ceremony will be conducted in the middle of July 2007.
"Hebei World Friendship Hospital" is the second hospital that Sunnylife Global, Inc. has received ownership of and is also the second general Sino-U.S. hospital that the Ministry of Health of PRC approved. The Hebei World Friendship Hospital is a general hospital with a specialty on burn diagnosis. After the turn-over ceremony in July, Hebei World Friendship Hospital will operate on the basis of a membership system and provide advanced plastic surgery to burned patients. This specialty is expected to return US$3 million annually of revenue to the hospital. With the revenue from the membership system, it is expected to return US$ 4.1 million annually to Sunnylife Global, Inc. This is a significant contribution towards helping Sunnylife Global to build a firm foundation of developing 100 hospitals in China.
About Sunnylife Global
Sunnylife Global, Inc. has developed a Health Management System (HMS) in conjunction with the Chinese Government Authorities that will result in delivering superior quality health care management to its members. The Company is in multiple joint-venture agreements with the World Friendship Hospital Group to renovate and revitalize China's older hospital facilities in order to meet the current International standard. Sunnylife has developed the HMS to meet that standard and is planning to launch in the very near future. In addition, the Company has patented natural, environmentally safe and economically affordable products which it plans to introduce to
Chinese consumers through seven different joint venture licensees in China. Sunnylife represents an organization staffed with professional experts in product research, quality acceptance testing, and market development for service to China and the global markets. For more information, please visit www.sunnylifeglobal.com.
Safe Harbor Statement
The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. All forward-looking statements attributable to the Company, or persons acting for the Company, are expressly qualified in their entirety by these cautionary statements.