Sunnylife Global Engages Global Value Creation Partners ('GVCP') to Drive the Development of Sunnylife's China Hospital and Assi
January 22 2008 - 10:00AM
PR Newswire (US)
GVCP Principals Appointed to Senior Executive Positions at
Sunnylife Global LOS ANGELES, Jan. 22 /PRNewswire-FirstCall/ --
Sunnylife Global, Inc. (Pink Sheets: SNYL) has signed an agreement
to engage Global Value Creation Partners ("GVCP") to advise and act
on behalf of Sunnylife to develop 19 hospital projects and two
assisted living facilities in the People's Republic of China. As
part of the agreement, GVCP partner, Mr. J.C. Baird, will assume
the position of Chairman of the Board of Directors and CEO of
Sunnylife Global; GVCP partner, Mr. B.C. Jackson, will assume the
position of Executive Vice President and Chief Financial Officer of
Sunnylife Global. At a time when there's a major need to develop
superior quality healthcare management in China and build
assisted-living housing for the nation's aging population,
Sunnylife Global is positioned to do so, with approvals from
China's central government. Sunnylife and its shareholders will
benefit from the Company's ability to address these needs by
bringing together GVCP's capabilities with the resources,
relationships, and contracts held by Sunnylife. "We are thrilled
and exceptionally fortunate to have the services of Global Value
Creation Partners. Their principals offer Sunnylife the expertise
and experience that will enable us to realize the potential of our
Company's extraordinary opportunities in China's hospital and
assisted-living sectors," stated Richard Lo, Sunnylife's President.
About Sunnylife Global Sunnylife Global, Inc. is a U.S.-based
company doing business in China. The Company has agreements with
the People's Republic of China to implement the country's first HMO
system and to upgrade 21 of their level 2 hospitals to
international standards. The Company has also been granted land
leases to build and operate assisted living care centers for the
elderly in China. Sunnylife is Chinese-American owned and has
management teams in the U.S. and China. The Company is staffed with
professionals in product research and market development. Global
Value Creation Partners Global Value Creation Partners is an
international advisory firm that provides project execution
services and advice on corporate strategy, corporate development,
and financing. The firm's two founders and their network bring
skills, experience, and human resources that are critical to the
next stage of Sunnylife's development. Mr. John C. Baird has over
30 years of Wall Street and international business experience
encompassing private equity (at Credit Suisse First Boston and as
President of First Shanghai Corporation, a PRC-based merchant bank)
and the public capital markets (at several Wall Street firms). He
most recently co-founded a healthcare information management and
services company that includes among its hospital customers a
number of the country's leading teaching hospitals and was funded
by preeminent investors including several private equity firms.
Earlier, he served as CEO of two firms in the information systems
industry, Regional Manager and Director within the Market
Development Division of the American Stock Exchange, and as a pilot
with the Royal Canadian Air Force. Mr. Baird is a Founding Partner
of Global Value Creation Partners. He completed his undergraduate
education in Canada, post graduate work in finance and marketing at
Pace University and New York Institute of Finance, and mid-career
management programs at Harvard and MIT. He has served as a director
of several public and private companies. Mr. Bruce Carver Jackson
has 28 years of Wall Street experience, encompassing private equity
management, private placements, and merger/acquisition advisory.
His significant international experience includes arranging
cross-border private financings; structuring and negotiating
complex, cross-border joint ventures; and negotiating and effecting
cross-border mergers/acquisitions. In addition to his role as a
Founding Partner of Global Value Creation Partners, Mr. Jackson is
the President, CEO, and Founder of Carver Cross Securities Corp., a
New York-based investment-banking firm that is a broker/dealer
registered with the SEC and member of the Financial Industry
Regulatory Authority and the SIPC. Prior to founding Carver Cross
in 1993, Mr. Jackson spent 12 years in the Corporate Finance
Department of Brown Brothers Harriman & Co. Mr. Jackson earned
a Bachelor of Arts degree at Princeton University and a Master's
degree at Johns Hopkins University's Paul Nitze School of Advanced
International Studies. He also holds an Advanced Professional's
Certificate in corporate finance from the New York University
Graduate School of Business Administration. The above news release
contains forward-looking statements. These statements are based on
assumptions that management believes are reasonable based on
currently available information, and include statements regarding
the intent, belief or current expectations of the Company and its
management. Prospective investors are cautioned that any such
forward-looking statements are not guarantees of future
performance, and are subject to a wide range of business risks,
external factors and uncertainties. Actual results may differ
materially from those indicated by such forward-looking statements.
For additional information, please consult the Company's most
recent public filings and 10-K. The Company assumes no obligation
to update the information contained in this press release, whether
as a result of new information, future events or otherwise. FOR
FURTHER INFORMATION, CONTACT: Bill Kraus/Lisa Baker/Devon Blaine
The Blaine Group 310/360-1499 310/360-1498 (FAX) DATASOURCE:
Sunnylife Global, Inc. CONTACT: Bill Kraus, or Lisa Baker, or Devon
Blaine, , all of The Blaine Group, +1-310-360-1499, fax,
+1-310-360-1498, for Sunnylife Global, Inc.
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