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Infinity Medical Group Inc. Receives Building Permit for 18 Yonge Street Projects TORONTO--(MARKET WIRE)--Aug 25, 2008 -- Infinity Medical Group Inc. (Other OTC:IMGR.PK - News) is
pleased to announce that it has received the Building permit
for its 18
Yonge Street project which will be home to a Rejuvena Med
Spa and a Dental
Implant Clinic. The 18 Yonge Street project is a commercial
retail space at
the bottom of a 39 storey Condominium complex an easy walk
to the
Waterfront, Air Canada Centre, Union Station, Financial
District and the 48
storey 872 unit Maple Leaf Square Condominium. New-condominium
sales in the
City of Toronto were up 45.7 per cent last year, going from
13,535 units in
2006 to 19,724 in 2007 according to officials from the Building
Industry
and Land Development Association (BILD), announced on 2/22/2008
in a news
release. Downtown Toronto is undergoing a building boom.
According to an
unofficial estimate assembled by National Post staff on
December 19th 2007,
the vertical expansion totals about 3,005 storeys, including
at least
37,355 condo units. This phenomenon in Toronto's Downtown
core has created
an exceptional opportunity for Infinity Medical to offer
its Cosmetic
Medical Laser and Dental Implant services to this underserviced
area of
Toronto. Receiving this permit is the next step for Infinity Medical Group in building a presence in the downtown condominium market who's demographic is exactly the same aging Baby Boomer demographic that both Rejuvena and our Dental Implant Clinics seek as clients. About Infinity Medical Group Inc.: Infinity Medical Group Inc. is a specialty healthcare development company focusing on the building, finance and management of cosmetic medical laser and dental implant clinics offering elective procedures. About Dental Implants Dental implants are designed as permanent replacements for missing teeth. A dental implant is a metal post that is surgically placed into the bone under the gums. The purpose of the placement into the bone is to encourage the integration of the dental implants. The bone actually grows around the dental implant, making the tooth secure. A replacement tooth is attached to the titanium post by means of a final abutment. About Medical Spas Medical spa is a hybrid between a medical clinic and a day spa that operates under the supervision of medical doctor. Medical Spa Treatments include laser treatments (Lasers are medical devices used to treat a variety of conditions, including unwanted hair, uneven pigmentation, wrinkles, and broken capillaries. The word laser is an acronym for "light amplification by stimulated emission of radiation." Lasers use a direct beam of radiation that penetrates the deeper level of the skin, called the dermis, and creates a reaction), IPL (intense pulsed light) treatment, microdermabrasion, photofacials, injectables like Botox and fillers, peels and skin tightening. Cautionary Statement Regarding Forward-Looking Information: Except for statements of historical fact relating to the Corporation, certain information contained herein constitutes forward-looking statements. Forward-looking statements are frequently characterized by words such as "potential," "estimate," "plan," "expect," "project," "intend," "believe," "anticipate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Corporation undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements. Contact: For further information, contact:
Karen Willoughby
Investor Relations
Phone: 1-866-365-4724
Website: http://www.infinitymedical.com
E-mail: Email Contact
Source: Infinity Medical Group Inc.
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