H Quotient, Inc. (fka HQNT)

[ProfitScout]

Don't know why you think this is a big deal. It is certainly not. As I said before, whether or not HQNT does any future business is a very minor issue. Future returns for HQNT shareholders will come mainly from the dividend shares in the multiple spin-off companies given them. These spin-off companies are where the business of HQNT will be in the future. What happens with HQNT in the future is a very minor point from here.
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H-Quotient Announces Stock Distribution

VIENNA, VA -- October 12, 2006 -- H-Quotient, Inc. (PINKSHEETS: HQNT) announced today that it will distribute one share of Healthnostics, Inc. (PINKSHEETS: HNST) for every two shares of H-Quotient, Inc., (HQNT) stock held by HQNT stockholders of record on October 23, 2006. The distribution will occur on or before November 20, 2006. The HNST shares, which were received by HQNT from the sale of PhysicianQuotient software, will be restricted for up to two years, however, all recipients of the HNST shares will also have the right to receive one share of MedBioWeb, Inc. free-trading stock for every 10 shares of HNST stock received at such time as when MedBioWeb shares are issued. MedBioWeb is currently a wholly owned subsidiary of HNST that is being spun-off into a new publicly traded company upon the effectiveness of its registration with the Securities and Exchange Commission.

When the HNST distribution is completed, HQNT will cease to have any ongoing business activity.

Earlier this year, HQNT stockholders received one share of Standard Holdings Group Ltd. (SNDH) stock for every two shares of HQNT stock held. Last year, HQNT stockholders received one share of free-trading SNDH shares for every 10 shares of HQNT stock held.

The combined distributions will provide HQNT shareholders with shares in SNDH, HNST, and MedBioWeb that exceed their total shares of HQNT.

This announcement may contain, in addition to historical information, certain forward-looking statements 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.

For more information visit the H-Quotient web site at http://www.hquotient.com.

Contact:
H-Quotient, Inc.
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SOURCE: H-Quotient, Inc.

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