Notice of Allowance Received: Review Initiated.

M2 PRESSWIRE-7 August 2007-Pinnacle Digest: Notice of Allowance Received: Review Initiated(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:07082007

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Health Discovery Corp. (OTC:BB: HDVY) experienced a drop in share value Monday of 5.56% coupled with 608,508 shares traded. On August 6th they announced they have received a Notice of Allowance from the U.S. Patent and Trademark Office for its patent application entitled "Method for the Manipulation, Storage, Modeling, Visualization and Quantification of Datasets." This news has justified a review by PinnacleDigest as we believe it will have an immediate impact on their future decisions and overall direction. To read this article in full and to learn more about our expanding, multi-purpose online financial magazine, visit us at www.pinnacledigest.com.

As sectors fall in and out of favor driven by demand we aim to understand the market trends and use this information to evaluate specific companies. The wireless and broadband markets are in line for a shake up. Federal Communications Commission adopted rules last week that will eventually allow consumers of any kind of phone or wireless laptop on some airwaves, not simply the devices approved by their phone company. The Nasdaq 100 weighted with technology stocks rose 35.81 points Monday to close at 1954.37.

Kevin Martin the Chairman of the FCC has buoyed the new choices for consumers and stated that the nationwide network built by the winning bidder may offer speedy wireless internet service anyone could use, providing an alternative to landline-based service. A new carrier could threaten AT&T and Verizon Wireless. Mr. Martin also stated that the rules will give consumers more choices and spur advances in the U.S. wireless industry, which lags behind some European and Asian countries in network speeds and features. When this is implemented it could open up a wide variety of challenges for telephone carriers, small wireless providers and internet companies battling for a share of the market. PinnacleDigest is very focused on developments within the technology industry that have the power to change the way not one, but all businesses do business.

In respect to the health care market Bayer AG's best selling drug for multiple sclerosis called Betaseron, can reportedly cut the risk of disability in patients who receive treatment at the early stages of the disease.

The results conducted by a company funded study may prompt doctors to treat at the first sign of MS, instead of waiting for a second neurological event to confirm the diagnosis. If accepted and applied this new approach could reshape how MS is treated. To learn more about the technology and healthcare sectors, visit our expanding online financial community for a complimentary membership and tour.

Let's turn our focus back to Health Discovery Corp. and learn more about this company's recent news, current objectives and direction moving forward. In respect to the patent application it has been reported that once issued, the patent will be the second of a series of applications covering the Fractal Genomics Modeling (FGM) Technology to issue. To view information on specific sectors and the position of many base metals and commodities, visit our multi-purpose, easy access online magazine at www.pinnacledigest.com.

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