VHGI: VHGI Gold Targets Candidates to Fill Key Advisory Board Position to Evaluate International Mining Acquisitions; Internet Town Hall Meeting Details Emerge, Kitco Gold Coverage Initiated

LEXINGTON, Kentucky, December 17 - Virtual Health Technologies, Inc. (OTC Bulletin Board: VHGI) confirmed
today that VHGI Gold (a wholly owned operating subsidiary of VHGI) is
interviewing candidates for a key advisory board position to assist with
evaluating potential International Mining Acquisitions. The company is close
to a decision for the role and hopes to make an announcement imminently, as
they are currently reviewing potential joint ventures and opportunities
within the overseas Gold and Precious Minerals Mining markets.

Additionally, the company is firming up plans for the live unscripted
format to be utilized for the Live Investor Town Hall Meeting. Guests include
Paul Cohen of Cohen Independent Research Group as well as company management.
Mr. Cohen's firm recently profiled VHGI, and investors will have the
opportunity to ask questions via a live, unscripted format. Also, VHGI
announced that links to Mr. Cohen's report and VHGI news is now being
featured on www.kitco.com, and that Kitco will be posting an investor profile
of VHGI within the coming week. Kitco is one of the most widely viewed and
tracked internet portals for Gold Bullion and Gold Stock traders; Kitco
reported that last week's main page traffic exceeded 6.7 million page views.

International Mining Acquisitions Advisor Position & Potential
Acquisition

"While VHGI is pleased to have recently filled 2 slots on the advisory
board with extremely qualified members to assist with the development of the
Treasure Gulch and Zero Mines properties in Prescott, Arizona, the company is
currently evaluating Gold Mining projects outside of North America and is
aggressively seeking guidance to help them sift through the opportunities,"
stated Jim Renfro, President, VHGI. "The company hopes to announce a
qualified appointment within the very near future, as well as outline
potential details of target projects/acquisitions under consideration shortly
thereafter."

Internet Town Hall Meeting

Details have firmed up for VHGI's Internet based Investor Town Hall
Meeting. Topics include the development of the Treasure Gulch and Zero Gold
Mines, the potential dividend for VHGI shareholders from the pending sale of
certain healthcare related assets, new acquisitions, financing and the recent
analyst coverage by Paul Cohen of VHGI. Potential guests include Mr. Paul
Cohen of Cohen Independent Research as well as VHGI management personnel.
Investors will have the opportunity to ask questions via a live, unscripted
format. Details including participation access and time and date will be
announced sometime in the near future.

Recent VHGI Buy Recommendation & Long Term Target of US$2.48, Expanded
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, VHGI news and a
separate kitco company overview now being compiled 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.
Additionally, the recently reported extended international press coverage of
VHGI has been expanded to include delivery to European Buy Side Analyst
Monitoring Services for US Mining Stocks.

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