Press Release: Senior Care Industries Inc.
August 6, 2001
LAGUNA BEACH, CA -- Senior Care Industries Inc. (OTCBB:SENC), a company that is moving to become one of the largest
builders of high quality, affordable senior citizen housing in the Western United States, today announced that
future residents of the 650 acre Hills of Bajamar property in Northern Baja California, Mexico, will benefit from
the company's ``smart home'' technology, a signature feature of its U.S. development projects.
All homes in the gated community will be equipped with Senior Care's ``smart home'' technology, affording immediate
and direct alert in the event of medical emergency. The 650 acre site is part of a portfolio of properties the
company plans to develop and complete in Northern Baja, which additionally includes a 16 acre oceanfront senior
timeshare development site abutting the Bajamar Golf Course, a 112 unit condominium project that is under construction
five miles south of Rosarito Beach, and a 170,000 square foot shopping mall under construction with adjacent 15
acre ocean front senior housing site in the City of Rosarito Beach.
Senior Care intends to complete construction on these projects, and will develop the 650 acre site, and the ocean
front property in Rosarito Beach and Bajamar. These projects are an integral part of Senior Care's plan to meet
demand for senior housing by building more than 5,000 homes, townhouses and condominiums over the next several
years.
Senior Care invests in, manages, and develops senior housing with an emphasis on independent living. In the future,
Senior Care may acquire assisted living centers for seniors. Senior Care continues to actively seek land for development
or existing large apartment complexes that can be converted to senior housing, said a company spokesperson.
This news release contains forward-looking statements, including statements containing the words ``believes,''
``intends'' and similar words. Such forward-looking statements involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance, actions or achievements of the company to be materially
different from any future results, performance, actions or achievements expressed or implied by such forward-looking
statements. Such factors may include the results of the company's continuing investigation of the matters described
in this news release, timing issues and actions by administrative and enforcement officials.
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Contact:
Investor Relations Network
Tom Gavin, 909/279-8884
or
OTC Financial Network
Kristina Henneberg, 781/444-6100, ext. 615