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Biotech / Medical : H-QUOTIENT,INC. (HQNT)

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To: scion who wrote (133)	10/25/2005 6:02:10 PM
From: scion	Read Replies (1) of 136

H-Quotient Agrees to Sell Manufacturing Division Tuesday October 25, 8:00 AM EDT H-Quotient, Inc., (HQNT) announced completion of negotiations to sell its medical manufacturing subsidiary, Stewart & Shaw Inc., to Standard Holdings Group Ltd. (SNDH) for consideration, including 26 million shares of SNDH stock. This includes 6 million shares already received, most of which was distributed to H-Quotient shareholders as a dividend. A portion of the remaining 20 million shares will soon be distributed to HQNT stockholders. Attorneys for the two companies conducted the negotiations. HQNT purchased the subsidiary last year. HQNT will focus its efforts on the Company's core software business. SNDH plans to pursue diverse business opportunities. 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 www.hquotient.com.

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