SOURCE: Premier Information Management, Inc.

Premier Information Management, Inc.

March 16, 2010 11:19 ET

Premier Information Management Announces CEO News Letter

PHOENIX, AZ--(Marketwire - March 16, 2010) -  Premier Information Management, Inc. (PINKSHEETS: PIFR) today released a CEO News Letter in anticipation of coming news releases.

First let me state that 2010 will be a great year for Premier. Following substantial restructuring, Premier is a fundamentally different company in the healthiest position of its history.

Second we must apologize to frustrated investors for the lack of news during 08/09. The company has now created a policy for communications which we feel will strike the proper balance between transparency and market awareness.

As many are aware, businesses in Premier's market sector often suffer from cash flow issues. In 2008/09 with prevailing market conditions, Premier had to make some hard choices in order to address difficulties in raising cash required to sustain existing clients and fund growth. We are pleased to say the end result was a healthy reduction in operating costs without any losses in productivity. 

Over the next several weeks, based on recent events, the company will be making a number of significant announcements. In addition, the company has applied to have its trade listing returned to full Pink Sheet status. This process usually takes between one and two months.

We look forward to significant growth in 2010 and we hope our investors will reap the benefit of Premier's new strength and direction.


Tom Miller

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.