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HealthSport Signs Letter of Intent to Acquire "Excellent" Rated cGMP Certified Nutraceutical Manufacturing Plant
Date:3/30/2011

ompleting this transaction as quickly as possible and seizing the attractive opportunities this transaction will create for us to increase top-line revenue growth as well as achieving significant cost synergies in general and administrative expenses.  HealthSport will become a more broadly based company than ever before, with increased capacity to reach new customers."

Through this transaction, the fully equipped SMI Manufacturing plant will be acquired into a wholly owned subsidiary of HealthSport, which will manufacture all nutraceutical and supplement products utilizing the SMI manufacturing plant's state of the art capabilities, which include high speed encapsulation, Bartelt filled pouching, beverage concentrate blending, automated bottle and bag filling, and bulk bagging for large commercial applications..

About HealthSport, Inc.

HealthSport, Inc. (www.healthsportinc.com) is a fully integrated developer, manufacturer and marketer of unique and proprietary branded and private label oral thin products for nutritional supplement and over-the-counter drug products.  HealthSport's oral thin film product delivers drug or dietary supplement actives through buccal (between the cheek and gum) absorption as well as normal ingestion. HealthSport's proprietary delivery technology is superior to any other competitive, oral thin film product currently available in the marketplace.   HealthSport has five patents pending and has developed numerous trade secrets which it incorporates in the development and manufacturing process of its oral thin film products.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.  These forward-looking statements include statements regarding letter of intent described
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SOURCE HealthSport, Inc.
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