SYDNEY, AUSTRALIA--(Marketwire - September 30, 2010) -  Healthzone Limited (OTCQX: HLTZY) (PINKSHEETS: HLTZY) (ASX: HZL) (or the "Company"), an international leader in the natural beauty and wellness sector, announced that an in depth analyst report has been published by Global Alliance Partners about the Company. The report, written by William D. Lyons, initiates coverage with a "Strong Buy."

The recommendation finds support in Healthzone's reported record revenue and earnings for FY10 and focused efforts on sustainable avenues for revenue and profit margins. The alliance with Eu Yan Sang is the cornerstone of Healthzone's expanding activities in the People's Republic of China.

The report can be accessed by going to www.globalalliancepartners.com

About Healthzone
Healthzone Limited operates a portfolio of distribution, consumer product and retail businesses in the Wellness sector. Each business provides immediate opportunities for earnings growth through business development and integration. Further information; www.healthzone.com.au

About Global Alliance Partners
Global Alliance Partners (GAP) is an international network of like-minded financial services companies that leverage local execution and distribution capabilities to expand cross-border services in private equity, mergers and acquisitions, private placement, advisory, pre-IPO, funds management, capital raising and wealth management. GAP members are all well-established financial services firms in their respective home markets and have worked as an informal alliance for many years. There are over 1,500 investment professionals in GAP members' employ. The alliance provides the bridge between mid-sized companies and international investment banking. The fast-growing network is comprised of partner firms whose local expertise and global reach span strategic markets in Africa, Asia, Europe, the Middle East, North America, and the United Kingdom.

For more information: www.globalalliancepartners.com

Contact Information:

CONTACT DETAILS:

Healthzone Limited
Peter Roach
Executive Chairman
Australia Tel: +61 2 9772 7100

Healthzone Limited
Michael Jenkins
Company Secretary
Australia Tel: +61 2 9772 7102

USA
Grayling USA
Investor Relations
Leslie Wolf-Creutzfeldt
US Tel: +1 646 284 9472

AUSTRALIA
FCR
Financial & Corporate Relations
Ashley Rambukwella
Australia Tel: +61 2 9235 1666

Global Alliance Partners (GAP)
William D. Lyons
Analyst
US Tel: +1 404 915 8204
Email: w.lyons@globalalliancepartners.com

John O'Shea
GAP Director
US Tel: +1 212 495 9234
Email: j.oshea@globalalliancepartners.com