LONDON & PACIFIC HEALTHCARE, INC. (Pink Sheets: LDPH) (FRANKFURT: EGU)
(“London & Pacific” or the “Company”), the international healthcare
development specialist, today announced that it will be providing
strategic healthcare advisory services to Strategic Hotel Investments,
Ltd. (“Strategic Investments”), a Gibraltar-based corporate finance firm
with extensive experience in structuring and facilitating commercial
financing products.
London & Pacific will assist Strategic Investments with identifying
profitable opportunities to provide innovative and proprietary financial
products to U.S. hospitals and other healthcare facilities that require
cash resources to fund operations and development projects.
Specifically, the role of London & Pacific will be: (1) to identify the
parties within the healthcare industry who require greater access to
cash in order to fund ongoing operational costs, and (2) to advise
Strategic Investments on suitable structures for financing products to
meet the unique needs of each healthcare industry borrower.
“This project is exciting because it allows London & Pacific to apply
our extensive industry knowledge to help solve the financing problems of
U.S. hospitals and other healthcare facilities in this very challenging
economic environment,” stated Stuart Bruck, Executive Chairman of London
& Pacific. “We believe the unique financial products developed by
Strategic Investments will provide much-needed new sources of liquidity
to the U.S. healthcare market at the right time.”
About London & Pacific Healthcare, Inc.:
With offices in Los Angeles, London and Mumbai, London & Pacific
Healthcare, Inc. is a specialist in the development and management of
healthcare companies and organizations, worldwide. The Company’s website
address is www.lphealthcare.com.
This press release includes "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934. The
information in this news release includes certain forward-looking
statements that are based upon assumptions that in the future may prove
not to have been accurate and are subject to significant risks and
uncertainties, including statements as to the future performance of the
company. Although the Company believes that the expectations reflected
in its forward-looking statements are reasonable, it can give no
assurance that such expectations or any of its forward-looking
statements will prove to be correct. Factors that could cause results to
differ include, but are not limited to, successful performance of
internal plans, product development acceptance, and the impact of
competitive services and pricing and general economic risks and
uncertainties.
Acadia Group, Inc.
Investor Relations
Dana M. Smith,
801-816-2568
ir@acadiagrp.com
