Claimsnet.com and PLEXIS Healthcare Systems Form Strategic Alliance; Partnership Will Reduce Costs and Speed Claims Processing DALLAS, Oct. 28 /PRNewswire-FirstCall/ -- Claimsnet.com inc. (BULLETIN BOARD: CLAI) , a leading provider of Internet-based business-to- business solutions for the healthcare industry, and PLEXIS Healthcare Systems announced today they have formed a strategic alliance that will reduce costs and speed claims processing for clients. Claimsnet will provide PLEXIS Healthcare Systems with Internet-based ASP clearinghouse services. The partnership will offer PLEXIS' clients an option for expedited Internet-based claims processing. The Claimsnet clearinghouse will provide rapid claims clearing, while the PLEXIS Claims Manager will provide accurate and automatic claims adjudication, referral authorizations, benefit administration, and contract management, while helping clients meet governmental regulations. Claimsnet offers a highly secure connection and scalable Internet architecture that speeds deployment and minimizes expenses associated with claims submission and claims payment. Internet claims submission improves billing and collections by eliminating the traditional lag time between claims submission and payer acceptance. "We are pleased to be partnering with PLEXIS," stated Don Crosbie, Chief Executive Officer of Claimsnet. "We pioneered claims processing via the Internet, so I know that PLEXIS clients will experience speeded claims processing and save significant dollars at the same time," Mr. Crosbie continued. "We are very pleased to offer this option to our clients," said Jorge Yant, President and CEO of PLEXIS Healthcare Systems. "Internet clearing further speeds our already rapid claims processing, and any time you can hasten the reimbursement process, you are enhancing a client's cash flow," Mr. Yant added. About Claimsnet 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/ . About PLEXIS Healthcare Systems PLEXIS Healthcare Systems is a leading payer solutions and claims processing technology company based in Ashland, Oregon. They are one of the fastest growing claims processing companies in the healthcare marketplace and have been developing high-end payer solutions since 1996. PLEXIS Healthcare Systems' claims processing tools employ the very latest Microsoft technology and are highly rated by independent healthcare consultants. Their payer solutions enable healthcare organizations to reduce costs, streamline and automate their claims payment and medical case management requirements, increase profitability, enhance customer satisfaction and expand market share, while helping them meet governmental regulations. For more information, please call toll free (877) 475-3947. 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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