NEW YORK--(BUSINESS WIRE)--Healthnostics, Inc. (OTC: HNSO), a medical and biotechnology information and technology company, is pleased to provide this mid-quarter update on GMD’s first fiscal quarter for the year ending June 30, 2009. Net revenue for July and August, 2008 were $2.2 million on a profitable basis. This compares to revenue of $1.38 million for the same two month period in fiscal year 2008, which is an increase of over $800,000. Gross margins strongly increased to a sustainable 43% from 32% for the same periods in fiscal year 2007.
