Global Healthcare & Education Management, Inc. Issues Letter to Shareholders

SYOSSET, N.Y., Oct. 23 /PRNewswire-FirstCall/ -- Global Healthcare &
Education Management, Inc. (Pinksheets: GHEU) is a holding company whose
primary subsidiary holding is the University of Sint Eustatius School of
Medicine located on the Caribbean Island of Sint Eustatius, also known as
Statia. Sint Eustatius is under the Dutch flag and is located about 30 miles
from the island of St. Martin. The island has 3,000 full time residents, it
provides a sheltered island, where students concentrate their time in a
focused manner -- with the sole aim of completing their medical studies on a
successful basis.
The last year has been a momentous one in which our medical school subsidiary
on the Island of Sint Eustatius has grown to the largest point in our history
and we wanted to provide our investors with an update on the company and our
Sint Eustatius School of Medicine subsidiary. Our current student enrollment
now exceeds 400 students, half of which are on-island residents, and the other
half are deployed in clinical rotations in the U.S.

Sint Eustatius has convened its Board of Governors within the last year, and
includes a distinctive list of doctors and university medical educators
mimicking the most prestigious schools in the United States.
(http://www.eustatiusmed.edu/board-of-governors.html).

The University is in the hands of new academic and management talent. Led by
pioneering physician and author Dr. Leonard Wisneski, this team has the
combined vision, knowledge and skill to steward the school to academic and
financial success. We will be adding other talented professors and educators
as worldwide demand for doctor's soars and our medical school enrolments
continue to climb.

One of the greatest challenges that Sint Eustatius faces is that of financing
of our student's educations. The current financial market turmoil and credit
crisis being experienced in the U.S. is now spreading to global markets.
Enrollment, student pass rates, and university applications are at an all time
high, but it means little if there is not funding there to finance our
student's educations. Qualifying for student loans and securing credit is
becoming harder day by day and this can potentially negatively impact the
university's student enrollments if tuition funding solutions are not secured.
To that end, our top priority is securing readily available sources of credit
and financing for our current student population. Management is currently
working with five new sources for student loans and we are very optimistic
that long term tuition funding solutions will be secured in the very near
future.

The company is looking to the future and has contracted to buy a piece of land
of more than twenty-three acres on which to build a new campus. The
university currently leases facilities on the island. This has worked out very
well, but in looking to the future we want to build out our own classroom,
administrative and student housing facilities. The School's expansion plan is
to develop, on a staged basis, new student lecture halls, laboratories, a
library, a testing center and study areas, and student facilities including
dormitories, cafeterias, laundry, book store, administrative center and
recreational areas. Plans also include an area which will accommodate post
graduate education and a research center to accommodate specialized
educational programs and grant-funded research.

Management and the university staff are always working to initiate new
programs to better teach existing students and make the medical school
environment more challenging and inspiring. Given the projected 2020 shortfall
of over 200,000 physicians in the United States and serious worldwide
shortages of physicians is expected to grow into the foreseeable future.
Market demand and profit potential for new medical universities looking to
help fill a growing need for new medical graduates is excellent.

We will work to provide operational updates to investors periodically and hope
you will continue to follow our progress.

SOURCE Global Healthcare & Education Management, Inc.

Daniel Turetsky, +1-516-656-3557, dturetsky@eustatiusmed.edu