VHGI: VHGI Gold Taps Key Mining Professionals to Assist With Development Plan for US$50,000,000 Potential Reserves at Treasure Gulch Gold Mine; Investor Town Hall Meeting to be Scheduled

LEXINGTON, Kentucky, December 15 - Virtual Health Technologies, Inc. (OTC Bulletin Board: VHGI) confirmed
today that VHGI Gold (a wholly owned operating subsidiary of VHGI) has
appointed two key industry professionals to the VHGI advisory board to assist
with bringing the Treasure Gulch and Zero Gold Mines properties into
production as quickly as possible. Additionally, the company is informing
interested shareholders and related parties that they intend to schedule a
Live Investor Town Hall Meeting so that investors may ask questions
concerning the project to the company's representatives.

"VHGI is pleased to announce that we have contracted with outside
entities to conduct due diligence and testing at the Treasure Gulch and Zero
Mines properties, and that Michael M. Chaffee and Dennis Atkins have agreed
to sit on the advisory board to assist with the development of these
properties and the evaluation of other opportunities within the Gold Mining
Industry," stated Jim Renfro, President, VHGI. "The company hopes to announce
a definitive development plan within the near future, and under their
guidance it is hoped that initial results will produce laboratory Gold within
4-6 weeks from testing commencement".

Mr. Michael Chaffee is the President and CEO of a public mining company;
he has over 30 years of extensive mining experience and work history in the
Senior Management of public companies, as well as tremendous education,
certifications, and connections to draw upon. Mr. Atkins is the CFO and a
director of a public mining company. Mr. Atkins is also a CPA with over 25
years experience in public accounting, specializing in the audits of publicly
traded companies. His firm is a member of the SEC's practice Section of the
American Institute of CPAs.

In a related announcement, VHGI announced that they intend to hold an
Internet based Investor Town Hall Meeting within the near future. Topics
include the development of the Treasure Gulch and Zero Gold Mines and the
potential dividend for VHGI shareholders from the pending sale of certain
healthcare related assets. Potential guests include Mr. Paul Cohen of Cohen
Independent Research as well as VHGI management personnel. Further details
will be released as they become available.

Recent VHGI Buy Recommendation & Long Term Target of US$2.48, Expanded
Press Coverage

Mr. Cohen has issued a research report on VHGI with a "buy"
recommendation and a long-term target price of US$2.48. Mr. Cohen has been
compensated by VHGI for his analysis and distribution of the report; for the
full report and more information including complete compensation disclosure
please visit www.vhgigold.com. The Cohen Report and other information
will also be featured on www.kitco.com , one of the most highly
trafficked portals for Gold and Precious Metals News and online Bullion
Product sales and purchases. VHGI has also confirmed that selective press
coverage will also be expanded to portions of Europe and the U.K. as they
have begun to receive requests for shareholder information from sources
beyond North America.

Treasure Gulch Mine Potential

"Even taking into account start up costs and front-end capital expenses,
the 12 month pro-forma financial model shows us to be cash flow positive
within 120 days of commencing operations at the Treasure Gulch and Zero
Mines. An initial investment of US$1.5 million could produce first year
revenues of US$4.7 million and earnings of US$3.4 million; second year
revenues and income are forecast higher as the bulk of the expenses come from
the initial construction costs," said Jim Renfro, President of VHGI. "We are
committed to moving the ball down the field." Investors are invited to obtain
information concerning our operations at
www.virtualhealthtechnologies.com or www.vhgigold.com or by
calling shareholder relations at +1-859-514-6982.

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 /
Energy Resources 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, Precious Metals and Energy
Resources Markets. Although Gold is selling at 25 year high prices and Oil &
Gas continue to be trading at significant premiums, global economic events
have created significant opportunities within these markets. VHGI intends to
pursue these opportunities through Lease-Purchase opportunities, Acquisitions
and Joint Ventures for the goal of enhanced shareholder value.

"Safe Harbor" Statement:

Virtual Health Technologies, Inc. and VHGI Gold, LLC cautions investors
that none of the information concerning the valuations of mineral deposits or
other data reported above has been verified by outside geologists or other
verifiable sources beyond representations made to VHGI which ultimately came
from the owner of the subject property and their associates. The United
States Securities and Exchange Commission permits mining companies, in their
filings with the SEC, to disclose only those mineral deposits that a company
can economically and legally extract or produce. We use certain terms on this
website, such as "reserves," "resources," "geologic resources," "proven,"
"probable," "measured," "indicated," and "inferred," that the SEC guidelines
strictly prohibit us from including in our filings with the SEC.

Under The Private Securities Litigation Reform Act of 1995: 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 are "forward-looking statements," within the meaning of 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 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 and uncertainties detailed in the Company's SEC
filings. 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    +1-859-514-6982

Shareholder Relations - Communications, +1-859-514-6982