Claimsnet.com Reports Third Quarter 2009 Results

Including a 7% Increase in Revenues

DALLAS, Oct. 29 /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 third quarter
of 2009, which ended September 30, 2009.

"These third quarter results were achieved in a relatively challenging
economic environment where many companies are still delaying decisions or
putting new contracts on hold," commented Don Crosbie, chief executive officer
of Claimsnet. "Based on our pipeline, though, we do see the beginning of a
positive change in the environment. At the same time, we have continued to
focus on operational efficiencies and cost controls leading to a 54% reduction
in the third quarter net loss of the Company. This, along with the continued
pursuit of new business remains the focus of our efforts to attain operational
profitability as a short-term goal. We are confident we can make good progress
there, as we look ahead to the final quarter of fiscal 2009."

For the quarter ended September 30, 2009, Claimsnet reported revenues of
$565,000, a 7% increase compared to the $527,000 reported for the third
quarter of 2008. Revenues for the nine months ended September 30, 2009 were
$1,646,000, a 7% increase compared to the $1,545,000 reported for the nine
months of 2008.

Cost of revenues for the third quarter of 2009 was $426,000 compared to
$408,000 for the third quarter of 2008, a 4% increase. Cost of revenues for
the nine months of 2009 was $1,258,000 compared to $1,218,000 for the nine
months of 2008, a 3% increase. Selling, general and administrative expenses
of $200,000 were reported for the third quarter of 2009 compared to $245,000
reported for the third quarter of 2008. Selling, general and administrative
expenses of $671,000 were reported for the nine months of 2009 compared to
$732,000 reported for the nine months of 2008.

Claimsnet reported a gross profit of $139,000 for the third quarter of 2009,
compared with a gross profit of $119,000 for the third quarter of 2008.
Claimsnet reported a gross profit of $388,000 for the nine months of 2009,
compared with a gross profit of $327,000 for the nine months of 2008.

The loss from operations for the third quarter of 2009 was $(61,000) compared
to $(126,000) reported for the third quarter of 2008. The loss from operations
for the nine months of 2009 was $(283,000) compared to $(405,000) reported for
the nine months of 2008. The net loss for the third quarter of 2009 was
$(69,000), or $(0.00) per share, compared to net loss of ($151,000), or
$(0.01) per share, for the third quarter of 2008. The net loss for the nine
months of 2009 was $(313,000), or $(0.01) per share, compared to net loss of
($484,000), or $(0.02) per share, for the nine months of 2008.

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 Nine Months Ended
September 30, September 30,
-------------- -----------------
2009 2008 2009 2008
------ ------- ------- --------
REVENUES $ 565 $ 527 $1,646 $1,545

COST OF REVENUES $ 426 $ 408 $1,258 $1,218

GROSS PROFIT $ 139 $ 119 $ 388 $ 327

SELLING, GENERAL AND ADMINISTRATIVE $ 200 $ 245 $ 671 $ 732

LOSS FROM OPERATIONS $ (61) $(126) $ (283) $ (405)

INTEREST EXPENSE $ (8) $ (25) $ (30) $ (79)

NET LOSS $ (69) $(151) $ (313) $ (484)

NET LOSS PER COMMON SHARE -
BASIC AND DILUTED $(0.00) $(0.01) $(0.01) $(0.02)

WEIGHTED AVERAGE COMMON
SHARES OUTSTANDING - BASIC AND DILUTED 34,787 29,247 33,836 28,160

SOURCE Claimsnet.com inc.

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