Claimsnet.com and P2P Link Form Strategic Alliance to Streamline Workers' Compensation and Group Health Claims Processing DALLAS, Dec. 9 /PRNewswire-FirstCall/ -- Claimsnet.com inc. (OTC:CLAI) (BULLETIN BOARD: CLAI) , a leading provider of Internet-based ASP electronic claim processing solutions for the healthcare payer industry, announced today that it has formed a strategic alliance with P2P Link that offers a single-source solution for electronic submission of workers' compensation claims, including attachments, and group health claims. The relationship with P2P Link will enable Claimsnet's clients to further reduce expenses associated with an inefficient paper-based claims submission process, including replacing multiple workflows with a single electronic-based claims handling system. Claimsnet has been a market innovator in using the Internet to reduce the time between claims submission and payer acceptance in the healthcare claims market. "Our strategic alliance with P2P Link expands our service value by extending cost reduction and administrative efficiencies to the workers' compensation market segment, long in need of such improvements," stated Gary Austin, Chief Operating Officer of Claimsnet. P2P Link is a market leader in the workers' compensation electronic claims transaction field. With a growing provider base and a solid group of industry leading workers' compensation payers, P2P Link looks to dramatically expand service delivery in conjunction with Claimsnet. "P2P Link and Claimsnet offer a critical business solution for medical providers looking for ways to eliminate unnecessary expenses and redundant workflows," explains Bob Zeccardi, P2P Link's Vice President of provider and payer relations. Headquartered in Farmington, Conn., P2P Link provides solutions that help significantly improve payment cycle times and reduce repeat handling of bills due to errors, incomplete information or missing attachments. More information about P2P Link can be found at http://www.p2plink.com/ . Claimsnet.com inc. 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 suppliers and distribution channels, and continued use of the Internet. Further information on the Company's risk factors is contained in the Company's quarterly, annual, and other periodic reports as filed with the Securities and Exchange Commission. DATASOURCE: Claimsnet.com inc. CONTACT: Don Crosbie of Claimsnet.com inc., +1-972-770-1892, or Web site: http://www.claimsnet.com/ http://www.p2plink.com/

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