Premier Information Management, Inc. Signs Contracts for $2M

   Premier Information Management, Inc. (PINKSHEETS: PIFR) is pleased to announce that it has entered into contracts worth at least $2M a year.

These new contracts make Premier a preferred vendor for several popular underwriters. Typical for this industry, the new clients cannot be named but investors will see the result of these contracts in the quarterly financials throughout the rest of the year.

"It will take us a few months to reach full speed with each new client but the result will be significant and profitable growth for 2010 and onwards," said CEO Tom Miller.

Premier is currently bidding on several similar contracts and will regularly announce any significant new business as it arises. As a specialist in data for Life Underwriting, Premier will be largely unaffected by current medical healthcare reform legislation.

About Premier Premier Information Management, Inc. provides business critical information to the global Insurance and Healthcare industries by integrating fast and efficient database driven electronic content management systems to reduce and manage costly risk. Utilizing proprietary software with specially integrated modules, Premier realizes significant increases in data-in/out-report efficiencies delivering decision-critical reports significantly faster than the industry standard. Utilizing the most secure, flexible, and cost effective means to capture, manage and transmit sensitive information, Premier's EDI solutions are the new standard in the information management industry.

Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by words or phrases such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the business outlook and quotations from management in this press release contain forward-looking statements. Statements that are not historical facts, including statements about Premier's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Premier does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For more information contact: David Stothart [e-mail]