Claimsnet.com Reports Second Quarter 2009 Results

Including a 6% Increase in Revenues

DALLAS, July 30 /PRNewswire-FirstCall/ -- Claimsnet.com inc. (OTC Bulletin
Board: CLAI), a leading provider of Internet-based claims processing solutions
for the healthcare industry, today reported its results for the second quarter
of 2009, which ended June 30, 2009.

For the quarter ended June 30, 2009, Claimsnet reported revenues of $563,000,
a 6% increase compared to the $529,000 reported for the second quarter of
2008. Revenues for the six months ended June 30, 2009 were $1,082,000, a 6%
increase compared to the $1,018,000 reported for the six months of 2008.

Cost of revenues for the second quarter of 2009 was $419,000 compared to
$422,000 for the second quarter of 2008, a 1% decrease. Cost of revenues for
the six months of 2009 was $832,000 compared to $810,000 for the six months of
2008, a 3% increase. Selling, general and administrative expenses of $221,000
were reported for the second quarter of 2009 compared to $281,000 reported for
the second quarter of 2008, a 21% decrease. Selling, general and
administrative expenses of $472,000 were reported for the six months of 2009
compared to $487,000 reported for the six months of 2008, a 3% decrease.

Claimsnet reported a gross profit of $144,000 for the second quarter of 2009,
compared with a gross profit of $107,000 for the second quarter of 2008, a 35%
increase. Claimsnet reported a gross profit of $250,000 for the six months of
2009, compared with a gross profit of $208,000 for the six months of 2008, a
20% increase.

The loss from operations for the second quarter of 2009 was $(77,000) compared
to $(174,000) reported for the second quarter of 2008, a decrease of 56%. The
loss from operations for the six months of 2009 was $(222,000) compared to
$(279,000) reported for the six months of 2008, a decrease of 20%. The net
loss for the second quarter of 2009 was $(87,000), or $(0.00) per share,
compared to net loss of ($200,000), or $(0.01) per share, for the second
quarter of 2008. The net loss for the six months of 2009 was $(244,000), or
$(0.01) per share, compared to net loss of ($333,000), or $(0.01) per share,
for the six months of 2008.

In a comparison with the first quarter of 2009, sales increased 8%, the loss
from operations decreased 47% and gross margins improved by 5% to 26%.

"We are pleased, in the current economic environment, with the 6% growth in
sales. Our loss from operations in the second quarter decreased compared to
last year by 56%. This decrease in loss resulted from both the increase in
sales and a decrease in overall costs associated with actions the Company took
in April 2009, as it focused on moving towards profitability over the next
several quarters. This resulted in significant improvements in both May and
June of the quarter. New customer implementations and increased business from
the more than 70 direct payer customers and 35 clearinghouse business
relationships are adding to the top line sales. Our expectation is that over
the next two quarters we will see continued benefits of these efforts in
operating profitability and cash flow," commented Don Crosbie, Chief Executive
Officer of Claimsnet. "Also, the Company reached a milestone in the second
quarter with more than a million transactions processed in each month. This
was the first time that this volume level has been reached in a quarter."

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.

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 suppliers 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.

(Table to Follow)

CLAIMSNET.COM INC. AND SUBSIDIARIES
SUMMARY OPERATIONS STATEMENT INFORMATION
(In thousands except per share data)

(unaudited) (unaudited)
Quarter Ended Six Months Ended
June 30, June 30,
--------------------- -----------------------
2009 2008 2009 2008
---------- --------- ---------- ----------

REVENUES $563 $529 $1,082 $1,018

COST OF REVENUES $419 $422 $832 $810

GROSS PROFIT $144 $107 $250 $208

SELLING, GENERAL AND
ADMINISTRATIVE $221 $281 $472 $487

LOSS FROM OPERATIONS $(77) $(174) $(222) $(279)

INTEREST EXPENSE $(10) $(26) $(22) $(54)

NET LOSS $(87) $(200) $(244) $(333)

NET LOSS PER COMMON
SHARE - BASIC AND
DILUTED $(0.00) $(0.01) $(0.01) $(0.01)

WEIGHTED AVERAGE
COMMON
SHARES OUTSTANDING -
BASIC AND DILUTED 34,078 28,344 33,352 27,611

SOURCE Claimsnet.com

Don Crosbie of Claimsnet.com, +1-972-458-1701, ext. 112,
dcrosbie@claimsnet.com