Healthnostics Provides Shareholder Update

NEW YORK, NY--(Marketwire - February 03, 2010) -

Healthnostics, Inc. (PINKSHEETS: HNSS), a medical and biotechnology analytics company, is pleased to provide the following corporate update regarding the company’s 2010 business strategy and financial statements.

In addition to the previously announced marketing plans for the company’s websites, www.medbioworld.com and www.familymedicalnet.com, and the MedGuardian web-based hospital quality and risk system, the company plans further expansion through acquisition. The focus will be on new, strategically relevant web-centric businesses that enhance and further the company’s existing healthcare technology offerings.

During the first quarter 2010, Healthnostics is planning to upgrade its PinkSheets.com listing in order to make expanded financial disclosure and business information available to its shareholders and potential new investors. Initially, this will include the release of 2009 financial statements, followed by more detailed information about the company and its activities.

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: 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 www.healthnostics.com, MedBioWorld www.medbioworld.com, and FamilyMedicalNet www.familymedicalnet.com.

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.