DALLAS, Aug. 29 /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 that a healthcare payer located in Hawaii has elected to use Claimsnet's system and services. This well established payer has focused on providing exceptional service to its clients throughout the islands and its choice of Claimsnet as their electronic clearinghouse vendor is part of this commitment. "We are very pleased with this new relationship," commented Don Crosbie, chief executive officer of Claimsnet. With incorporated payer specific edits and data base look ups, along with a single pipeline connection for both paper and EDI transactions, Claimsnet has incorporated a complete claims processing service to health care payers. As well we include cooperative outbound marketing programs to move health care providers away from paper claims to electronic claims submission. The implementation is now complete and we are moving rapidly to increase the volume of electronic claims submission." About Claimsnet.com -- Claimsnet is a leading provider of Internet-based, business-to-business solutions for the healthcare industry, including distinctive, advanced ASP technology for online healthcare transaction processing. 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., +1-972-458-1701 Ext. 112, or Web site: http://www.claimsnet.com/

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