Claimsnet.com to Provide Services to a Specialty Pharmacy Company DALLAS, March 24 /PRNewswire-FirstCall/ -- Claimsnet.com (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 contracted to provide a division of a Specialty Pharmacy Services company with full claims clearinghouse functionality. This division provides pharmaceutical and therapeutic services for plan participants with chronic or genetic disorders. Claimsnet was selected after the division researched the functionality of Claimsnet's web interface, as well as the large payer list. The Claimsnet system is able to provide electronic connection to payers not previously available to this provider. "Our services will allow this customer to improve efficiencies afforded by today's technology," commented Don Crosbie, chief executive officer of Claimsnet. "Implementation is in process and we expect the customer to be fully operational soon." 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/

Copyright