Health Sciences Group Inc (HESG)

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Health Sciences Group, Inc. Announces Acquisition Strategy
14 minutes ago - Globenewswire



As of 12:00 AM ET 2/9/09
Health Sciences Group, Inc. (Pink Sheets:HESG), the owner of igohealthy.org and iGoHealthy Magazine, announced today it is engaged in an aggressive growth plan. According to Thomas Gaffney, CEO, "We are open to acquirements," he announced, "and are forcefully pursuing acquisitions related to the healthcare, nutrition and wellness sector."

We have several acquisition targets, ranging from a 30% stake in MODUS Healthcare Builders, to other healthcare related companies including established substance abuse counseling centers and nutrition and weight loss centers. All of our acquisition targets are revenue producing entities.

Thomas Gaffney continues, "Today we are a small publicly traded company and we have much work ahead of us. We are in the beginning stages of bringing our company current with the Pink Sheets with a goal of moving up to the OTCBB. It is important that we become current and provide transparency for our investors as well as those companies that want to join forces with us. We have the public vehicle and through a roll up of complementary companies within the healthcare sector we will acquire privately held, operating, revenue producing companies and increase our balance sheet and increase our shareholder value."

About Health Sciences Group, Inc.

Health Sciences Group, Inc. is a provider of health and wellness services to consumers, physicians and other healthcare professionals through its website www.igohealthy.org and health-focused publications. The Health Sciences network consists of its public website www.igohealthy.org and iGoHealthy Magazine. The Company operates in two segments: Online Services, and Publishing and Other Services.

FORWARD-LOOKING STATEMENTS

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Health Sciences Group, Inc.

Health Sciences Group, Inc.
Thomas Gaffney
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