BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Feb. 3, 2005--Caribbean American Health Resorts, Inc. (CAHR, Inc.) (OTCBB:CAHR) of Beverly Hills, announced today the launch of its new herbal product line. The line consists of a variety of herbal-based vitamins and dietary supplements. The multi-vitamin supplements are claimed to be manufactured from the finest pharmaceutical-grade nutrients and based on the latest scientific research.
"There are three components to a good health plan: Diet, Exercise and Supplementation," said Fouad Ghaly, M.D., CAHR's leading alternative medicine physician and anti-aging specialist, who practices in Los Angeles.
Caribbean Health Resorts, Inc. is furthering its plans to operate resort facilities that offer cosmetic surgery and detox programs, spa treatments, and other alternative health programs on the Island of Barbados, in the Caribbean. The island is noted for its excellent perennial climate of 66-85 degrees. Barbados boasts a long history of political and economic stability and has the reputation of being a safe Caribbean island destination. CAHR will market its facilities to the most discriminating and discerning guests during their getaway or recovery, endeavoring to serve its clients with the utmost discretion and confidentiality.
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"I am very excited about the new product line, which should enhance the health and well being of our clientele. It also adds dimension to the income base of the company," said Hal Martin, CEO of CAHR, Inc.
Safe Harbor Statement
Statements in this release that are not historical, are forward-looking and involve known and unknown risks and uncertainties, which may cause CAHR's actual results in future periods to be materially different from any future performance that may be suggested in this release. Such factors may include, but are not limited to, the need to raise equity capital, the ability to obtain equity financing on acceptable terms, if at all, a severe worldwide slowdown in the services sector, working capital constraints, fluctuations in customer demand and commitments, fluctuation in quarterly results due to the timing of services and our capacity to fulfill them, introduction of new services, commercial acceptance and viability of new services, pricing and competition, reliance upon subcontractors, and the timing of product introductions. Further, CAHR operates in an industry sector where securities values are volatile and may be influenced by economic and other factors beyond CAHR's control, such as announcements by competitors and service providers.