DALLAS, Jan. 16 /PRNewswire-FirstCall/ -- Claimsnet.com inc. (OTC:CLAI) (BULLETIN BOARD: CLAI) , a leading provider of Internet-based ASP electronic claim processing solutions for the healthcare industry announced today an agreement to provide claims processing services to an additional payer organization. Under the agreement, claims will be sent from provider organizations to the payer using Claimsnet advanced ASP technology, so reducing the cost of claims handling, and increasing the speed of the claims processing function. "This payer, based in the North East, explored ways to expand services and develop solutions to simplify the process of managing the claim flow, thereby making day-to-day administrative tasks more efficient. Claimsnet will provide the technology, multiple connections, and expertise to transmit these health care transactions in a secure electronic environment. The payer provides group medical programs designed for persons who are not eligible for traditional employer sponsored medical programs, such as hourly, part time, and independent contractor workers. Claimsnet currently provides end-to-end connectivity for providers, provider service organizations, and payers for electronic claim and remittance advice transactions. This additional customer relationship helps us expand the momentum we are gaining in the medical claim and remittance advice market space," stated Don Crosbie, Chairman and CEO of Claimsnet. "Implementation is under way, and should be fully up and running in the first quarter of 2007." 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'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., +1-972-458-1701, ext. 112, or Web site: http://www.claimsnet.com/

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