HTN Inc.

January 14, 2011 16:17 ET

HTN Inc. Acknowledges Default in Scheduling of AGM

TORONTO, ONTARIO--(Marketwire - Jan. 14, 2011) -


HTN Inc. ("HTN" or the "Company") (TSX VENTURE:HET) wishes to advise that at the request of the TSX Venture Exchange (the "Exchange"), this press release is being issued to acknowledge that the Company was offside of the Exchange's requirements for holding an Annual General Meeting ("AGM") for the third time. The Exchange's regulations require issuers to hold an Annual General Meeting ("AGM") within 15 months of the previous AGM. This deficiency has been addressed by the Company's recent Annual and Special Meeting which was held on December 16, 2010 with a record date of November 10, 2010.

The Company has undertaken to the Exchange that it will hold its future AGMs within the time period required by the Exchange's Policies.

About HTN Inc.

HTN Inc. (, an acronym for Health Transaction Network, is a medical/healthcare information technology company and software support organization, which pioneered the use of on-line healthcare transaction networks in the province of Ontario, Canada, where the company's head offices have been located since the company's inception in 1994. With its flagship HERO™ (Healthcare Electronic Resources On-line) and HERO™ CMS products, HTN Inc. provides the latest in cost effective, computerized automation to medical offices, clinics, hospitals and other medical facilities – providing users with improved workflow, faster information retrieval and overall operating efficiencies while seamlessly enabling them to electronically exchange/share clinical and transactional information with other healthcare facilities, providers, payers, insurers, patients, and suppliers.

READER ADVISORY: FORWARD-LOOKING STATEMENTS Certain information set forth in this document, including management's assessment of HTN's future plans and operations, contain forward-looking statements. By their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond these parties' control, including the impact of general economic conditions, industry conditions, competition from other industry participants, the lack of availability of qualified personnel or management, stock market volatility and ability to access sufficient capital from internal and external sources. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. HTN's actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits that HTN will derive therefrom. HTN disclaims any intention or obligation to update or review any forward-looking statements, whether as a result of new information, future events or otherwise.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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