GelStat Corporation Retains Redwood Consultants, LLC

BLOOMINGTON, MN -- (MARKET WIRE) -- August 30, 2006 -- GelStat Corporation (PINKSHEETS: GSAC), a consumer healthcare company primarily focused on the development and marketing of over-the counter (OTC) products for the safe and effective treatment of pain and inflammation, is pleased to announce that it has retained Redwood Consultants, LLC (http://www.RedwoodConsultants.com) to provide strategic communications and planning services, and to assist the Company with its investor relations and business development activities.

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