Healthcare Technologies Announces New Date for the Shareholders Meeting to Approve the Nexgen Biofuels T... ( PETACH TIKVA Israel October 19 /-...)

Healthcare Technologies Announces New Date for the Shareholders Meeting to Approve the Nexgen Biofuels Transaction

Date:10/19/2007

PETACH TIKVA, Israel, October 19 /PRNewswire-FirstCall/ -- Healthcare Technologies Ltd. (NASDAQ: HCTL), announced today that the extraordinary general meeting of its shareholders, previously scheduled for September 30, 2007, will be held on December 4, 2007 at 4:00 p.m., at the offices of Yigal Arnon & Co., 1 Azrieli Center, Round Tower, 47th Floor, Tel Aviv, Israel.

At the meeting, shareholders will be asked to approve the previously announced Asset Purchase Agreement with NexGen Biofuels, Inc, Mac Bioventures Inc. and Gamida for Life B.V. and the transactions contemplated thereby, as a result of which the Company's business will be in the field of renewable fuels rather than biotechnology and medical devices.

Shareholders of record of the Company as of the close of business in New York on October 25, 2007, are entitled to vote at the Meeting.

The Notice, the previously distributed Proxy Statement and a Supplement to the Proxy Statement associated with the Meeting are available on the SEC's website at http://www.sec.gov and on the Company's website at http://www.hctech.com. Materials for the meeting will be sent to all shareholders of record. Proxy cards that were returned for the September 30th meeting are no longer valid with respect to the December 4, 2007 Meeting, and shareholders must vote again for their vote to count at the December 4, 2007 Meeting. Brokers cannot vote shareholders' shares in connection with the Meeting without instructions from the shareholders.

Shareholders who need additional copies of the proxy materials or have questions regarding the Meeting, including the procedures f
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Healthcare Technologies Announces New Date for the Shareholders Meeting to Approve the Nexgen Biofuels T...( PETACH TIKVA Israel October 19 /-...),Health