Health Grades, Inc. To Present at the CapStone Investments 2nd Annual Small-Cap Investor Conference

HealthGrades

Allen Dodge, 303-716-0041

ir@healthgrades.com

Health Grades, Inc. (Nasdaq: HGRD), the leading healthcare ratings company, today announced that Kerry Hicks, President and Chief Executive Officer of HealthGrades, will be presenting at the CapStone Investments 2nd Annual Small-Cap Investor Conference on Tuesday, June 17, 2008 at 9:30 am Central Time. The conference is being held at the Midwest Airlines Center in Milwaukee, Wisconsin.

A link to the live webcast of HealthGrades’ presentation will be available through the Investor link of the Company’s website, www.healthgrades.com. A replay of the presentation will be available through August 17, 2008.

About HealthGrades

Health Grades, Inc. (NASDAQ: HGRD) is the leading health care ratings company, providing ratings and profiles of hospitals, nursing homes and physicians to consumers, corporations, health plans and hospitals. Millions of consumers and some of the nation’s largest employers, health plans and hospitals rely on HealthGrades’ independent ratings to make healthcare decisions based on the quality and cost of care. More information on the company can be found at www.healthgrades.com.

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