SOURCE: Healthnostics, Inc.

August 10, 2011 09:19 ET

Healthnostics, Inc. Records Near $1 Million Gain for HNS Fund Co.

NEW YORK, NY--(Marketwire - Aug 10, 2011) - Healthnostics, Inc. (PINKSHEETS: HNSS) announced three-month results for the company's investment division, HNS Fund Co. During the period May 1 - July 31, 2011, HNS Fund Co. had a net gain in the market value of its investments totaling $957,000. To achieve this end the company made an accretive investment of more than 100 million shares of Healthnostics, Inc., common stock, an investment that began seven months before the formal April 26, 2011 creation of HNS Fund Co. The portfolio includes both securities and debt instruments, none of which were adversely affected by the general market downturn in August.

This press release may contain certain statements that are not descriptions of historical information, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934. These forward-looking statements refer to matters that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.

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