SOURCE: Healthnostics, Inc.

October 12, 2010 09:30 ET

Healthnostics Purchases Major Manufacturer of Specialty Medical Products

NEW YORK, NY--(Marketwire - October 12, 2010) -  Healthnostics, Inc., (PINKSHEETS: HNSS), a medical manufacturing and biotechnology analytics company, has purchased a major manufacturer of specialty medical products. There will be an immediate positive impact on revenue and earnings commencing in the 1st Quarter of 2011. Details will be forthcoming in subsequent press releases.

"This accretive purchase directly ties into the Company's recent acquisition of World Wide Wipes Co., and it will result in even more substantial impact on our profitability and earnings per share," 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: Worldwide Wipes Co., a manufacturer and distributor of medical and other wipes, MedGuardian, a patient care monitoring and risk management system for hospitals that is fully Web-based; and through the MedBioWeb subsidiary, MedBioWorld™, 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.

For further information please visit Healthnostics, and Worldwide Wipes Co., MedBioWorld, and FamilyMedicalNet And visit us on Facebook at

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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