Enters into Discussions with Western Sierra to Further Expand Gold Portfolio

LEXINGTON, Ky., Feb. 24 /PRNewswire-FirstCall/ -- VirtualHealth Technologies, Inc. (OTC Bulletin Board: VHGI) confirmed today that VHGI Gold, LLC, its wholly-owned operating subsidiary, has extended its Lease-Purchase Option through 2013 with Western Sierra Mining Corp, Inc. relative to the Treasure Gulch Gold Mine.

"We continue to move swiftly through Phase 1 Testing and inch closer towards gold production. Once started this effort is expected to increase our revenues dramatically," stated Jim Renfro, VHGI President.  

Scott Haire, VHGI CEO was quoted as saying, "Having had the opportunity to work closely with Western Sierra, we have made the decision to move forward with evaluating additional mining opportunities with them." Haire continues, "We feel that the timing is right for VHGI to expand its footprint in the gold market and that Western Sierra has several very attractive opportunities that will bring tremendous shareholder value and demonstrate potential revenue growth on a massive scale."

"There are several mines in Arizona with the potential of producing millions of ounces of gold, the opportunities are bountiful because more areas are being discovered that produce more reserves than the previous," stated Renfro. "There are over 5 mines that Western Sierra presently has available that we are interested in exploring with each mine having the possibility of producing in excess of 300,000 ounces of gold. We do realize however that the key to any successful gold mining ventures are the locations. Our goal is to be in production and generating revenues by the second quarter of 2010," continued Renfro.  

About VHGI and VHGI Gold

VHGI is a diverse company with assets and interests focusing on opportunities within the Healthcare Technology Industry and Precious Metals Markets. VHGI Gold, a wholly owned subsidiary of VHGI has recently initiated steps to leverage the company's operating history and corporate resources within the Gold Mining Industry and intends to pursue these opportunities through Lease-Purchase opportunities, Acquisitions and Joint Ventures. Investors are invited to obtain information concerning our operations at http://www.vhgigold.com or by calling shareholder relations at 859-514-6982.

Safe Harbor Statement:

The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development and any other statements not constituting historical facts are "forward-looking statements," within the meaning of and subject to the safe harbor created by the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results. This document may contain forward-looking statements concerning the Company's operations, current and future performance and financial condition. These items involve risks, contingencies and uncertainties such as product demand, market and customer acceptance, the effect of economic conditions, competition, pricing, the ability to consummate and integrate acquisitions, and other risks, contingencies and uncertainties detailed in the Company's SEC filings, which could cause the company's actual operating results, performance or business plans or prospects to differ materially from those expressed in, or implied by these statements. The Company undertakes no obligation to revise any of these statements to reflect the future circumstances or the occurrence of unanticipated events.

For Further Information:

Shareholder Relations – Communications   859-514-6982

SOURCE VirtualHealth Technologies, Inc.

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http://www.vhgigold.com