Claimsnet Announces Expansion of Existing Customer Services Contract to Include Paper Claims Conversion to EDI DALLAS, Sept. 14 /PRNewswire-FirstCall/ -- Claimsnet.com inc. (OTC:CLAI) (BULLETIN BOARD: CLAI) , a leading provider of Internet-based ASP electronic claim processing solutions for the healthcare payer industry, announced today that an existing customer in Ft. Worth, Texas has added paper claims processing to their services contact. The company is an insurance holding company providing accident, health and supplemental insurance. "This selection of the expanded service will allow the customer to reduce their overall cost of claim processing, receive repriced claims electronically, and significantly reduce the volume of paper claims received since Claimsnet aggressively pursues direct electronic connectivity with providers. Adding paper claims processing to our ability to collect electronic claims from providers, clearinghouses, and trading partners, and make sure all those claims meet the business requirements of the payer and the specific requirements of the payer's processing systems is being well received," commented Don Crosbie, chief executive officer of Claimsnet. "Implementation of the additional services is now in process and we expect to be fully operational within the next few weeks." 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., +1-972-770-1892, or Web site: http://www.claimsnet.com/

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