SOURCE: Healthnostics, Inc.

April 05, 2011 10:21 ET

Healthnostics Provides Updates

NEW YORK, NY--(Marketwire - April 5, 2011) -  Healthnostics, Inc. (PINKSHEETS: HNSS) has provided the following updates:

1. The Company has determined that it has at least three patentable concepts for its Microfill-2160 machine.

2. The Company's program of acquisitions, joint ventures, and new business is continuing. Within the last nine months the Company sold MedBioWeb, acquired Worldwide Wipes, and commenced a joint venture with U.S. News Company.

3. The U.S. News Company offer to purchase 10 million shares of HNSS common stock in certificate form at $.0115 per share has been completed.

4. The Company's previously announced guidance for 2011 -- revenue of $2,500,000 to $2,900,000 and profit of $1,100,000 to $1,250,000 -- is on track.

About Healthnostics

Healthnostics, Inc. is a diversified company comprised of subsidiaries and joint ventures engaging in medical products manufacturing, system manufacturing, product and media distribution, and consulting. For further information please visit Healthnostics www.healthnostics.com, and Worldwide Wipes Co. www.wipesco.com.

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.

Contact Information

  • Contact:
    Healthnostics, Inc.
    Investor Relations
    P. 301-956-3342
    Email Contact