Claimsnet Announces New Contract With a Third Party Administrator DALLAS, Nov. 20 /PRNewswire-FirstCall/ -- Claimsnet.com inc. (BULLETIN BOARD: CLAI) , a leading provider of Internet-based ASP electronic claim processing solutions for the healthcare industry, announced today that a Third Party Administrator (TPA) located in Pennsylvania has elected to use Claimsnet's system and services. This TPA, founded several years ago, and specializing in group life insurance and special risk products, has recently reorganized to better serve its clients. As part of the reorganization, the TPA wanted a claims processing system that incorporates the latest in technology to improve their information systems infrastructure. "We are very pleased to be working with this TPA. Their requirements called for something that moved their technology into the 21st century, and we were able to meet their requirements," commented Don Crosbie, chief executive officer of Claimsnet. "The first phase of implementation is complete and we are ready to support the client's transition to a new adjudication system." 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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