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HTN Inc. Announces Shares for Debt Filing

2008-07-14 13:21:00

TORONTO, ONTARIO–(EMWNews – July 14, 2008) –

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HTN Inc. (“HTN”) (TSX VENTURE:HET) is pleased to announce that it will be filing a shares for debt application with the TSX Venture Exchange to satisfy the amounts outstanding to a consultant of HTN, for the period from August, 2002 to January, 2003. These shares are being issued pursuant to an agreement reached between HTN and the consultant. An aggregate of 2,400,000 shares of HTN at a deemed price of $0.05 per share are proposed to be issued to the consultant pursuant to this application.

About HTN Inc.

HTN Inc. (www.htninc.com), an acronym for Health Transaction Network, is a medical/healthcare information technology company and software support organization, which pioneered the use of on-line healthcare transaction networks in the province of Ontario, Canada, where the company’s head offices have been located since the company’s inception in 1994. With its flagship HEROTM (Healthcare Electronic Resources On-line) and HEROTM CMS products, HTN Inc. provides the latest in cost effective, computerized automation to medical offices, clinics, hospitals and other medical facilities – providing users with improved workflow, faster information retrieval and overall operating efficiencies while seamlessly enabling them to electronically exchange/share clinical and transactional information with other healthcare facilities, providers, payers, insurers, patients, and suppliers.

READER ADVISORY: FORWARD-LOOKING STATEMENTS Certain information set forth in this document, including management’s assessment of HTN’s future plans and operations, contain forward-looking statements. By their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond these parties’ control, including the impact of general economic conditions, industry conditions, competition from other industry participants, the lack of availability of qualified personnel or management, stock market volatility and ability to access sufficient capital from internal and external sources. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. HTN’s actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits that HTN will derive therefrom. HTN disclaims any intention or obligation to update or review any forward-looking statements, whether as a result of new information, future events or otherwise.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

For more information, please contact

HTN Inc.
Gary Babcock
President/CEO
(416) 975-0975 Ext. 222
(416) 975-0225 (FAX)
Email: [email protected]
Website: www.htninc.com

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