SOURCE: Healthnostics, Inc.

July 12, 2011 10:34 ET

Healthnostics Receives Offer to Purchase the Company

NEW YORK, NY--(Marketwire - Jul 12, 2011) - Healthnostics, Inc. (PINKSHEETS: HNSS) has received an offer to purchase the Company for $.01 per share. A Term Sheet and additional information will soon be posted on the Company website. The Term Sheet will include an Agreement to sell shares. The Healthnostics Board of Directors has unanimously approved the transaction and agreed to recommend that Healthnostics stockholders accept the offer. The transaction is conditional upon receipt of offers to sell at least a majority of the shares of Healthnostics. No stock will be requested until that minimum threshold is met.

Further information will be forthcoming and only through press releases and the Term Sheet. 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