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Claimsnet.com Reports Fiscal Year 2007 Results
Date:2/26/2008

ed with a net loss of $107,000, or $0.00 per share, in the same quarter of 2006.

"Our financial results for fiscal year 2007 reflect the focus of the Company on revenue growth. While we are not fully satisfied with the results of those efforts to date, we remain fully focused on our strategy of revenue and margin growth for the Company with a goal of reaching profitability in fiscal year 2008.

The recent acquisition of substantially all the assets of Acceptius, Inc. fits well into this strategy, as we expect a boost to our position in the marketplace," said Don Crosbie, chief executive officer of 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, risks related to our recent acquisition of substantially all of the assets of Acceptius, Inc., maintaining access to external sources of capital, regulatory actions, success of marketing strategies, actions of Claimsnet's competitors, dependence on business partners and distribution channels, and continued use of the Internet. Further information on Claimsnet's risk factors is contained in Claimsnet's quarterly, annual, and other periodic reports as filed with
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SOURCE Claimsnet.com
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