Including a 16% Growth in Revenue for the Year and a 27% Growth in Revenue for the 4th Quarter DALLAS, March 8 /PRNewswire-FirstCall/ -- Claimsnet.com inc. (OTC:CLAI) (BULLETIN BOARD: CLAI) , a leading provider of Internet-based business-to- business solutions for the healthcare industry, today reported its results for fiscal year 2006 and 4th quarter 2006, which ended December 31, 2006. For the year ended December 31, 2006, the Company reported revenues of $1,464,000, a 16% increase from the $1,266,000 reported for fiscal 2005. Cost of revenues were $944,000 compared to $778,000, a 21% increase. Selling, general and administrative expenses of $844,000 were reported for 2006, a 17% increase over the $723,000 reported in fiscal 2005. The Company reported a gross profit of $520,000 for the fiscal year of 2006 compared with a gross profit in fiscal year 2005 of $488,000, representing a 7% increase. The loss from operations for fiscal 2006 was $324,000 compared to $235,000 reported in fiscal 2005. The net loss for fiscal year 2006 was $389,000, or $.01 per share, compared to $279,000, or $.01 per share, in the prior year. For the three months ended December 31, 2006, the Company reported revenues of $410,000, a 27% increase from the revenues of $323,000 reported for the fourth quarter of fiscal year 2005. Cost of revenues increased 30% to $254,000 in 2006 from $195,000 last year. Selling, general and administrative expenses of $242,000 this year increased from the $160,000 reported for the fourth quarter of 2005. The Company reported its fourteenth consecutive quarterly gross profit in the fourth quarter of 2006 totaling $156,000, compared with a gross profit of $128,000 in the fourth quarter of 2005. The fourth quarter loss from operations was $86,000 compared to the loss of $32,000 reported in the fourth quarter last year. The net loss for the quarter was $107,000, or $.00 per share, as compared with a net loss of $44,000, or $.00 per share, in the same quarter last year. "Our financial results for fiscal year 2006 and the fourth quarter of fiscal year 2006 reflect the focus of the Company on revenue growth. While we are not fully satisfied with the results of those efforts, percentage sales growth in the fourth quarter improved over previous quarters and we remain fully focused on this strategy of revenue and margin growth for the Company with a goal of reaching profitability in fiscal year 2007. Additionally, a portion of the growth in expenses for the fourth quarter was associated with the set up of new hardware and software in our ASP data center operations, which will allow for continued growth in transaction volumes going forward." 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. [Table to Follow] CLAIMSNET.COM INC. AND SUBSIDIARIES SUMMARY OPERATIONS STATEMENT INFORMATION (In thousands except per share data) Year Ended December 31, 2006 2005 REVENUES $1,464 $1,266 COST OF REVENUES $944 $778 GROSS PROFIT (LOSS) $520 $488 SELLING, GENERAL AND ADMINISTRATIVE $844 $723 LOSS FROM OPERATIONS $(324) $(235) OTHER INCOME (EXPENSE) $(65) $(44) NET LOSS $(389) $(279) NET LOSS PER COMMON SHARE -- BASIC AND DILUTED $(0.01) $(0.01) WEIGHTED AVERAGE COMMON SHARES OUTSTANDING -- BASIC AND DILUTED 25,983 25,812 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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