LEXINGTON, Ky., March 29 /PRNewswire-FirstCall/ -- VHGI Holdings, Inc. (OTC Bulletin Board: VHGI) President , Jim Renfro stated, "We have received official acknowledgement from the Secretary of State of Delaware of its acceptance of VirtualHealth Technologies, Inc. name change to VHGI Holdings, Inc." VHGI Holdings will apply for a new CUSIP to reflect the name change and plans to maintain the same tax ID number.

The company will complete an 8-K on Monday disclosing the merger and resulting name change. However, the name change will not reflect on the SEC / EDGAR till the completion of the 8-K filing.

"We are excited for our shareholders that the company has a direction and new beginning and can focus on the core assets from our previous announcement and begin to execute our business plan going forward which means our commitment to exploit the opportunities in the growing precious metal, oil, and natural gas markets," continued Renfro. In connection with the name change the web site address has also been updated. The web address for the company is now www.vhgiholdings.com

About VHGI

VHGI is a diverse company with assets and interests focusing on Precious Metals Markets (www.vhgigold.com ), oil and natural gas (www.vhgienergy.com) both wholly owned subsidiaries of VHGI. VHGI has recently initiated steps to leverage the company's operating history and corporate resources within these industries and intends to pursue these opportunities through, acquisitions and joint ventures. Investors are invited to obtain information concerning our operations at (www.vhgiholdings.com) or by calling shareholder relations at 561-515-6035 or emailing info@dpmartin.com.

Safe Harbor Statement:

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 and any other statements not constituting historical facts are "forward-looking statements," within the meaning of and subject to the safe harbor created by 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, contingencies 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, contingencies and uncertainties detailed in the Company's SEC filings, which could cause the company's actual operating results, performance or business plans or prospects to differ materially from those expressed in, or implied by these statements. The Company undertakes no obligation to revise any of these statements to reflect the future circumstances or the occurrence of unanticipated events.

SOURCE VHGI Holdings, Inc.