HSCO News Hi Score Corporation in Talks with Me

MIAMI, Aug. 16, 2012 /PRNewswire/ -- Hi Score Corporation (PINKSHEETS: HSCO) announced today that its President, Michael Zoyes has been in serious discussion with a Miami based Medical Billing Company. The talks involve the acquisition of the Medical Billing Company by Hi Score Corporation.

The Medical Billing Company that is involved with the discussions is a private company that is in a growth stage. "If we can make this happen we will be adding approximately 1 million dollars per year to our EBITDA and we will be postured to expand to other sections of the Medical Solutions Industry," said Mr. Zoyes. "Our discussions have become more definitive…we expect to make a final determination regarding this possible acquisition within 45 days…things look promising and we are hopeful…"

This announcement comes just days after the Board of Directors issued a resolution approving the expansion of the company's business model. The expansion revolves around the company seeking out profitable existing companies for acquisition in three specific sectors: Energy Saving Lighting, Medical Solutions and Energy Drinks. "We are committed to expanding our base… in that light, we are determined to enter the Medical Solutions Industry…the industry is profitable and growing. The changes that have been brought about by recent legislation have opened up tremendous opportunities," continued Mr. Zoyes.

The company continues to be very optimistic about the future.