LOS ANGELES, Jan. 11 /PRNewswire-FirstCall/ -- Sunnylife Global, Inc. (OTC: SNYL) announced today it has received notice from the Hunan Food and Drug Administration that various applications for approval of sale of ten of its proprietary supplements which were filed in 2003 are scheduled to be approved in March 2006.
"This is a milestone event for Sunnylife Global," said Richard Lo, President. "A major thrust of our Company's efforts in the three years past has been to accredit our proprietary supplements for sale within our proprietary Health Care Management System. We have developed a total concept to care for our members. Our joint venture agreements in place with the World Friendship Hospital Group to renovate initially eight hospitals in China provide for them to supply Sunnylife with 50,000 members per hospital. The Company anticipates that 30% of the future royalty revenues will be derived from the sale of its proprietary supplements to all members estimated to be approximately $1 million per hospital, per year. When all hospitals are operating under Sunnylife's management, the royalty revenues from the supplements alone are expected to be in excess of $8 million per year."
The ten proprietary supplements of Sunnylife Global Inc. are: Health Restore (to aid the body's immune system), Max Osteo Support (to increase bone density), Chromium Plus (to maintain healthy glucose levels), Anti-Ox (to fight free radicals), Free Circulation (to reduce cholesterol and low density lipoprotein), Power Fuel (to strengthen cerebral activity and improve memory), Allergy Care (to eliminate excessive response to allergy), Menopeace (to reduce symptoms associated with menopause), Lady's Comfort (an anti-aging nutrient for women) and My Beauty (to hydrate the skin).
About Sunnylife Global, Inc.
Sunnylife Global, Inc. has developed a Health Care Management System (HCMS) 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 HCMS 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 customers through seven different joint venture companies 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.
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.