Claimsnet Names Richard Brink as Executive Vice President

DALLAS, Nov. 7  /PRNewswire-FirstCall/ -- Claimsnet.com (OTC:CLAI) (BULLETIN BOARD: CLAI) , a leading provider of Internet-based ASP electronic claim processing solutions for the healthcare payer industry, announced today that Mr. Richard Brink has joined the Company as executive Vice President, with primary responsibilities for sales to the health care provider community, including a targeted focus on the medical laboratory health care sector.

Mr. Brink has more than 30 years experience in the healthcare industry, including work with Electronic Data Systems, Rubicon Corporation, and as the founder and president of Antrim Corporation, which was sold to Mysis.  He most recently served as president of Rathlin - Foyle, Inc. of Dallas, Texas, a consulting firm for the health care industry.

"Dick brings to Claimsnet a highly successful track record in the health care industry," said Don Crosbie, chief executive officer of Claimsnet.  "His addition to our team is a significant impetus for Claimsnet in expanding our market penetration to additional segments of the health care industry."

"I am very pleased to join the team at Claimsnet," commented Mr. Brink. "The opportunity for the company within the healthcare marketplace has been demonstrated over the last few years and I look forward to contributing in a significant way to the achievement of the revenue growth goals that Claimsnet has going forward."

About Claimsnet.com - Claimsnet 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, 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. 

DATASOURCE: Claimsnet.com



CONTACT:  Don Crosbie of Claimsnet.com, [phone], ext. 112, or

 



Web site:  http://www.claimsnet.com/ 

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