Mr. Harrison Ross reports

HEALTH LOGIC INTERACTIVE ANNOUNCES SHARE CONSOLIDATION

Health Logic Interactive Inc. intends to undertake a consolidation of its outstanding common shares on the basis of one postconsolidation share for every four preconsolidation shares. The consolidation has been approved by the directors of the company in accordance with the articles of the company and is subject to approval from the TSX Venture Exchange. The effective date of the consolidation will be confirmed at a future time, following receipt of approval from the TSX-V. The company believes that the consolidation will increase its flexibility and competitiveness in the marketplace. There will be no change to the company's ticker symbol in connection with the consolidation. As of the date of this news release, the company has 6,724,205 shares issued and outstanding. Following completion of the consolidation, the company is expected to have approximately 1,681,051 shares issued and outstanding. No fractional shares will be issued pursuant to the consolidation and any fractions will be rounded to the nearest whole number. The exercise price and number of shares issuable upon the exercise of the company's outstanding options and warrants will also be proportionally adjusted upon completion of the consolidation.

About Health Logic Interactive Inc.

Health Logic is a public company listed on the NEX board of the TSX Venture Exchange. Health Logic is engaged in the search for new assets to develop.

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