Claimsnet to Provide Services to Health Maintenance Organization DALLAS, April 8 /PRNewswire-FirstCall/ -- Claimsnet.com (BULLETIN BOARD: CLAI) , a leading provider of Internet-based ASP electronic claim processing solutions forthe healthcare payer industry, announced today that it has contracted to provide an upper Midwest health insurer with comprehensive claims clearinghouse services. This insurer is part of an integrated health care delivery system with a well established Health Maintenance Organization (HMO) serving a large part of the population located throughout Northeastern Wisconsin in conjunction with their HMO and Preferred Provider Organization (PPO) products. "We felt that Claimsnet offered our health plan exactly what we were looking for in a claims clearinghouse," stated the client's operations manager. "They are able to accept proprietary formats from providers and map it into our payor system. Claimsnet is familiar with our operating system, which will make the transition that much easier." "The flexibility of our system allows us to deliver the integrated functionality required by this client in the rapid timeframe necessitated to keep pace with their operating system conversion," commented Don Crosbie, chief executive officer of Claimsnet. "Implementation is progressing on schedule and we expect a very smooth transition." About Claimsnet.com -- Claimsnet is a leading provider of Internet-based claim processing solutions for the healthcare payer industry, including distinctive, advanced ASP technology. Headquartered in Dallas, Claimsnet offers systems that are distinguished by ease of use, customer care, security and measurable cost advantages. More information on Claimsnet can be found at the Company's web site at http://www.claimsnet.com/ . Safe Harbor Statement Under the Private Securities Litigation Act 1995 -- With the exception of historical information, the matters discussed in this press release are forward looking statements that involve a number of risks and uncertainties. The actual future results of the company could differ significantly from those statements. Factors that could cause or contribute to such differences include, but are not limited to, maintaining access to external sources of capital, regulatory actions, success of marketing strategies, actions of the Company's competitors, dependence on business partners and distribution channels, and continued use of the Internet. Further information on the Company'srisk factors is contained in the Company's quarterly, annual, and other periodic reports as filed with the Securities and Exchange Commission. DATASOURCE: Claimsnet.com CONTACT: Don Crosbie of Claimsnet.com, +1-972-458-1701, Ext. 112, or Web site: http://www.claimsnet.com/

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