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Claimsnet.com Reports First Quarter 2009 Results
Date:4/28/2009

e benefits of these efforts, as these new customer installations get completed. In early April the Company made several adjustments to its work force which will result in lower expenses going forward as we work towards breakeven and profitability. In the event we are further successful in implementing our growth strategy, we believe our current infrastructure is well prepared to allow our operations to expand without significant expense," commented Don Crosbie, Chief Executive Officer of Claimsnet. "Also, the Company reached a milestone in the month of March with more than a million transactions processed in that month. This was the first time that the volume level had reached more than 1 million transactions in a month."

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, Texas, 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.

Forward-Looking Statements - 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, continued use of the Internet, achieving the anticipated benefits of capital expenditures, and achieving anticipated expense reductions. Further information on the Company's risk facto
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