Healthnostics Acquires Significant Ownership Interest in GMD, Inc., A National Consumer Diabetic Supply and Education Services Company

NEW YORK--(BUSINESS WIRE)--Healthnostics, Inc. (OTC: HNSO - News), a medical and biotechnology analytics information and technology company, announced it has signed a definitive agreement to acquire a significant interest in GMD, Inc., (“GMD”) a nationwide Durable Medical Equipment provider specializing in direct to consumer diabetes supplies. GMD is currently forecast to generate $10,000,000 in revenue by fiscal year end in June 2008 on a profitable basis.

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