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Media Contacts
Lilly Ghahremani
Chief Marketing Officer &
Corporate Communication
Healthcare of Today, Inc.
mediacontact@healthcareoftoday.com
Tel:(866)963-2417 x 802
Press Release
Healthcare of Today Acquires Builders of Senior Communities Burbank, CA -- January 29, 2009 -- Healthcare of Today, Inc ("Healthcare of Today"), announces the acquisition of Advanced Developers, LLC (“Advanced Developers” click to see profile).Healthcare of Today is attaining the new company at a crucial juncture; Advanced Developers is currently developing $50M in “resort-like” Senior Community properties in Florida and South Carolina.
Among Advanced Developers’ active projects is Villa Bella, senior residences comprised of Independent Living Facilities and Assisted Living Facilities, as well as nursing campuses; the construction of its Villa Bella location in Sebring, Florida is already underway. Advanced Developers has offices in Miami Beach and in Coconut Grove, Florida. Its CEO, Jose M. Garcia, Jr., has also accepted a position as Healthcare of Today’s VP of East Coast Facilities Development.
The announced deal continues a streak of acquisitions by Healthcare of Today in the Senior Healthcare Facilities’ sector. In a period of aggressive growth since its inception in May 2008, the holding company had most recently obtained ownership of Artisan Operating, a Texas-based developer of senior care facilities.
About Healthcare of Today
Healthcare of Today, formed in 2008, acquires and develops companies primarily within the healthcare industry. Through its many subsidiaries, Healthcare of Today owns and operates a number of vertically-integrated businesses including: adult stem cell research and development technology, advanced human tissue engineering, medical device technology, medical and home healthcare equipment sales, hospice care, residential care facilities for the elderly, home healthcare services, nurse and therapist staffing, healthcare information technology, healthcare consulting, insurance, medical billing, data protection and security.
This announcement is not an offer to sell any Healthcare of Today securities. Offers for any given security are made only through applicable offering circulars and related supplements filed with the SEC pursuant to Section 13(a), 13(c) or 14 of the Securities Exchange Act of 1934.
Healthcare of Today press releases sometimes contain forward-looking statements. A description of factors that could cause actual results to differ materially from the expectations expressed in these and other forward-looking statements will be found in the company's Registration Statement to be filed with the SEC.
Media Contact:Lilly Ghahremani
1-866-963-2417 ext 802
mediacontact@healthcareoftoday.com
www.healthcareoftoday.com
Online newsroom: www.healthcareoftoday.com/MediaRoom
