HTN Inc.

August 14, 2008 13:27 ET

HTN Inc. Announces Shares for Debt Filing

TORONTO, ONTARIO--(Marketwire - Aug. 14, 2008) -


HTN Inc. ("HTN") (TSX VENTURE:HET) is pleased to announce that its previously announced shares for debt application has been approved by the TSX Venture Exchange and an aggregate of 2,400,000 shares of HTN at a deemed price of $0.05 per share have been issued to a consultant of HTN for services performed by the consultant between the periods of August, 2002 and January, 2003. With the issuance of the shares pursuant to the shares for debt application, the debt owing to the consultant has been fully extinguished.

The shares issued pursuant to this transaction will be subject to a hold period of 4 months from the date of issuance.

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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