SOURCE: SinoFresh Healthcare, Inc.

September 13, 2007 08:00 ET

SinoFresh Partial Restructuring of Senior Secured Debenture

ENGLEWOOD, FL--(Marketwire - September 13, 2007) - SinoFresh HealthCare, Inc. (OTCBB: SFSH), a marketer of patented over-the-counter nasal spray that kills bacteria and fungi, today announced it has taken what is anticipated to be the first of several steps intending to restructure and reduce the debt currently on its books. An investment group has purchased 80% of the outstanding senior secured debt of the company, or approximately $666,750, and has converted such debt into shares of SinoFresh common stock at the rate of $0.20 per share.

"We are very pleased to see renewed financial interest in SinoFresh and our patented line of Sinus Care products," comments Charles Fust, CEO of SinoFresh. "We believe SinoFresh has an impressive pipe line of upper respiratory products developed and ready to market along with an ongoing aggressive drug development program. Our efforts have been severely hampered for the last two years by financial constraints and personally it's satisfying to find commitment in our company and products at this juncture. This is a positive first step in minimizing our debt and we will continue our efforts with an extensive debt reduction program. Upon completion we will look to further financial interest in support of the Company."

About SinoFresh HealthCare, Inc.

SinoFresh HealthCare, Inc. is a developer and marketer of therapies to treat inflammatory and infectious diseases of the upper respiratory system. The Company is researching broad-spectrum antiseptic approaches to reducing viral, bacterial and fungal organisms suspected of causing pathogenesis of the mouth, nose and throat. The Company holds certain patents and patent applications on its innovative pharmaceutical technology and relies upon a panel of medical experts and management team experienced in the bio-pharmaceutical industry.

The Company's product, SinoFresh™ Nasal & Sinus Care, is the only over-the-counter antiseptic nasal spray that kills bacteria and fungi and viral pathogens in the throat and nasal passages. The Company is also researching how antiseptic cleansing may aid in alleviating sinus distress, a problem that affects many Americans annually. SinoFresh™ Nasal & Sinus Care is available nationwide in Rite Aid, CVS, Sav-on Drugs, Cosco and other drug, grocery and mass merchandise retailers. More information is available at www.sinofresh.com.

Except for the historical information contained herein, this press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any forward-looking statements speak only as of the date on which such statements are made and involve risks and uncertainties detailed in the Company's filings with the Securities and Exchange commission, including risks summarized in the company's annual Report of form 10-KSB for its fiscal year ended December 31, 2006 (file No.49764). The Company's actual results could differ materially from such forward-looking statements. The Company undertakes no obligation to update any forward-looking statement or statements to reflect new events or circumstances or future developments.

*SinoFresh™ is a trademark of SinoFresh HealthCare, Inc.

Contact Information

  • For Media Contact or Investor Relations:
    SinoFresh HealthCare, Inc.
    (941) 681-3109

    Shelly Fabian
    (407) 517-4835