HIMALAYA TECHNOLOGIES PARTNERS WITH RENOVI! TO TARGET MEDICAL TOURISM MARKET IN CARIBBEAN; ADDS CEO TO ADVISORY BOARD - Seite 2

The Dominican Republic is uniquely positioned as a medical tourism destination because of its low costs, proximity to the U.S., a well-established tourism infrastructure, and tax incentives for tourism investments. The target market consists of 70MM+ U.S. consumers who suffer from chronic illness including heart attack, stroke, diabetes, cancer and chronic pain, as well as consumers who are at risk of chronic illness. These consumers urgently need recovery and prevention, and, for many, recovery and healthy living are quite literally a matter of life and death.

Renovi!’s facility will comprise 210,000 square feet of construction including a 180-room medical resort, a 10,000 square foot clinic, restaurant, pool, gym, salon, spa, chapel, social area and pharmacy located on 15 acres of beachfront property. The company estimates construction costs of USD $30 million and a total project cost of USD $54 million, of which a substantial portion will be repaid by construction loans and upscale condominium presales. Real estate investors will make their units available for rent on an extended-stay basis through the company’s in-house reservation and property management service. Sources of revenue will include condominium sales, medical rehabilitation services, rental and all-inclusive fees, maintenance fees and incidental revenues from added-value services such as the spa, salon, pharmacy, and tours and excursions.

Marketing and sales efforts will support condominium sales, recruit referral and alliance partners, and sell patients suffering from chronic illness on the benefits of a beachfront-resort “recovery vacation”. The company is in the process of acquiring land under an exclusive purchase option from a private owner to be followed by funding of its master plan, permits, design, and infrastructure launch. The Company has formed a SPV in the U.S. to facilitate financing and has a stated goal of selling the resort in the future to pave the way for additional similar projects.

Further information on Renovi!’s plan is available at the following link:

https://drive.google.com/file/d/1GRMC_ap5o69jd7FAIqIP5OwsFg8a4XLz/view ...

New Advisory Board Member – David Burns, Ph.D.

As part of its move into the medical tourism market, Himalaya has appointed Renovi!’s Founder and CEO, David Burns, Ph.D., to its Advisory Board to spearhead growth of the initial project and potential additional similar resorts in the Caribbean, Latin America, and/or other countries. Dr. Burns brings 25+ years’ experience in senior leadership roles in consulting, B2B software, real estate, international logistics, and supply chain management. As co-founder of three B2B software startups, Dr. Burns brings a track record of success managing and launching world-class products and accelerating revenue growth. In his latest B2B software venture, he and his colleagues grew the Company from $0 to $50 million in annual revenue. Dr. Burns played a key product management and business development role in achieving this goal, with responsibility for products serving 20,000 customers in 20 countries and generating 40% of the Company’s revenue. He completed his B.S. in Mathematics and Economics and earned his Ph.D. in Applied Statistics at the University of Maryland College Park. Dr. Burns resides in New York and in Santo Domingo, Dominican Republic and his Linked Profile is available @ https://www.linkedin.com/in/david-burns-b777371/.