Eldorado Computing Teams Up With Claimsnet.com to Deliver Internet-Based Claims Clearinghouse Services to Its 150 Healthcare Payer Clients PHOENIX and DALLAS, April 19 /PRNewswire-FirstCall/ -- Eldorado Computing, Inc. (ECI), a recognized leader in integrated, HIPAA compliant software and ASP solutions for health benefits management, announces a strategic partnership with Claimsnet, (BULLETIN BOARD: CLAI) , a leading provider of Internet-based ASP claims processing solutions for the healthcare payer industry. Under the agreement, ECI will market Claimsnet as one of its preferred Internet-based claims clearinghouse solution to its 150 healthcare payer clients. According to the terms of the one year alliance ECI can accept EDI from any claims clearinghouse. ECI clients will benefit from the synergy of Claimsnet's efficient claims processing and ECI HEALTHpac's automated claims adjudication, benefits administration, contract management, automated workflow and HIPAA compliant tools. "Our philosophy is to partner with best of breed technology companies that compliment Eldorado's HEALTHpac system," explains Zane Bell, CEO of Eldorado Computing. "This strategic alliance with Claimsnet re-affirms our commitment to providing our healthcare payer clients with the best claims clearinghouses that will offer them significant time and cost savings associated with EDI and auto-adjudication technologies." 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 helps providers by reducing the traditional lag time between claims submission and payer acceptance, and assists payers by minimizing manual data entry, scanning, and claims editing. "Our partnership with ECI is a win-win for all parties," explains Don Crosbie, chief executive officer of Claimsnet. "Claimsnet will gain access to ECI's extensive payer base who will benefit from Claimsnet's real-time Internet-based claims services, which deliver more efficient and timely claims processing as well as reduced administrative costs." 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/ . 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. About Eldorado Computing, Inc. Based in Phoenix Ariz., Eldorado Computing, Inc. is a recognized leader in providing integrated software and ASP solutions for health benefits management. The company serves hundreds of third-party administrators (TPAs), health plans, employers and self-insured organizations. Together, Eldorado's customers manage seven million lives and handle 43.2 million claims annually. For more information, contact 602-604-3100 or visit the website at http://www.eldocomp.com/ . DATASOURCE: Claimsnet.com inc.; Eldorado Computing, Inc. CONTACT: Kate Donlon, +1-480-664-7769, or , for Eldorado Computing, Inc.; or Don Crosbie of Claimsnet.com inc., +1-972-458-1701, ext. 112, or Web site: http://www.claimsnet.com/ http://www.eldocomp.com/

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