Classic Care Pharmacy, a Division of Kaire Holdings, Announces Signing of a Cross-Marketing Agreement With Infinity Health Care, a Leading Mental Health Services Company.Business Editors LOS ANGELES--(BUSINESS WIRE)--June 19, 2001 Kaire Holdings Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : KAHI) reported that its Classic Care division has signed a cross-marketing agreement with Infinity Health Care, a privately held California corporation, and a leading mental health services health services Managed care The benefits covered under a health contract management company. Kaire Holdings Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Steven R. Westlund stated, "We are very excited about the Infinity Health Care contract which will give Classic Care additional access to provide pharmaceutical services to a variety of long-term care facilities. The cross-marketing campaign, which has already begun, will allow Classic Care to market its products and services to over 53 board-and-care, retirement, rehabilitation and locked psych facilities totaling over 680 beds. Classic Care will begin servicing these facilities effective immediately." About Infinity Health Care Infinity Health Care, a privately held California corporation, is a provider of psychological services, psychosocial and behavioral management services, and is a licensed provider of multi-disciplinary health care continuing education continuing education: see adult education. continuing education or adult education Any form of learning provided for adults. In the U.S. the University of Wisconsin was the first academic institution to offer such programs (1904). in California, Nevada, Arizona, New Jersey, Connecticut, Florida and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . About Kaire Holdings Kaire provides specialty pharmacy care to selected chronic disease communities through its Classic Care Pharmacy and YesRx Health Advocate programs. Patients include retired seniors living in extended care facilities and HIV HIV (Human Immunodeficiency Virus), either of two closely related retroviruses that invade T-helper lymphocytes and are responsible for AIDS. There are two types of HIV: HIV-1 and HIV-2. HIV-1 is responsible for the vast majority of AIDS in the United States. patients. Additionally, Stason Biotech, a Kaire investment, is engaged in the research and development of compounds and testing measures for the treatment of pathogenic viral infections, as well as other clinical applications related to solid form prescription drug prescription drug Prescription medication Pharmacology An FDA-approved drug which must, by federal law or regulation, be dispensed only pursuant to a prescription–eg, finished dose form and active ingredients subject to the provisos of the Federal Food, Drug, formation. Stason Biotech also provides quantitative laboratory analysis to research facilities engaged in regional blood flow studies under laboratory conditions. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 (the "act"). In particular, when used in the preceding discussion, the words "estimated," "believe," "optimistic," "expect" and similar conditional expressions are intended to identify forward-looking statements within the meaning of the act and are subject to risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, unfavorable market conditions, increased competition, limited working capital, failure to implement business strategies, and other risks. For other company information, visit the corporate Web site at www.kaireholdingsinc.com. |
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