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Claimsnet Signs Electronic Transaction Services Agreement With Employee Benefit Services of San Antonio

DALLAS, Dec. 10 /PRNewswire-FirstCall/ -- (OTC Bulletin Board: CLAI), a leading provider of electronic transaction services to the Healthcare industry, announced today the signing of an agreement with Employee Benefit Services of San Antonio for services associated with electronic healthcare transactions. EBS is a family owned and operated third-party administrator serving self-funded employer groups for more that 25 years. Located in San Antonio, Texas, EBS is highly regarded for its quality customer support and services.

Under the terms of the agreement, Claimsnet will serve as the communications link between Employee Benefit Services and healthcare providers for the electronic delivery of claims and other related transactions.

"EBS is excited about partnering with Claimsnet for exchange of transactions electronically with the Healthcare provider community." - Bo Villemain, CEO EBS of San Antonio

"Claimsnet is extremely pleased to add Employee Benefit Services of San Antonio to our growing list of Healthcare payer clients," said Gary Austin, Claimsnet's President and Chief Operating Officer.

About Employee Benefit Services -- EBS, a licensed TPA specializing in self-insured employer groups, has been family owned and operated for more than 25 years. EBS strives to offer its clients quality products and services delivered promptly and at competitive prices while promoting a spirit of teamwork among clients, employees and vendors. For more information, contact EBS at

About -- Claimsnet is a leading provider of electronic transaction services for the healthcare industry. Headquartered in Dallas, Claimsnet offers services 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

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 business partners 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.

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