Healthnostics Initiates Investment in Medical Manufacturing Company

Healthnostics Inc. a medical and biotechnology analytics company, has initiated its acquisition strategy with cash investments in a medical manufacturing company.

The Company will continue to provide additional details as its acquisition strategy continues to unfold.

"We have now moved from the planning stage to the implementation stage of our acquisition strategy, which means that the positive impact on our sales and earnings will come sooner than originally planned," said Alan Grofe, President.

About Healthnostics

Healthnostics, Inc. is a medical and biotechnology analytics company that provides comprehensive patient clinical monitoring and risk management systems to acute care hospitals and utilizes its Internet portals to deliver medical and biotechnology resource information to industry professionals as well as to the general public. Healthnostics' major products include: MedGuardian, a patient care monitoring and risk management system for hospitals that is fully Web-based; and through the MedBioWeb subsidiary, MedBioWorld(TM), one of the largest professional medical and biotechnology directory resource and reference portal sites on the Internet, and FamilyMedicalNet, a companion consumer healthcare information portal.