SOURCE: Premier Information Mangement, Inc.

February 09, 2006 18:27 ET

Premier Information Management Announces Launch of New Website

PHOENIX, AZ. -- (MARKET WIRE) -- February 9, 2006 -- Premier Information Management, Inc. (OTC: PIFR), an emerging provider of information management services to the Insurance and Healthcare industries, is pleased to announce today the launch of its new corporate website. The new site is designed to enhance the user experience and more effectively communicate Premier's core business strategies to its industry partners and increase the disclosure of adequate current publicly available information in compliance with regulatory requirements.

"Our new web presence reflects a commitment on the part of management to communicate more effectively with our core markets," said Thomas A. Miller, CEO of Premier. "Our product and service offerings are providing cost-cutting solutions that dramatically affect our client's bottom line. Through our patent-pending PiImageX™ suite of applications we are giving our health care and insurance industry partners the safest, most efficient means of processing sensitive medical information available today."

Premier's leading edge, HIPAA compliant, services provide information critical solutions to the global Healthcare market, an industry that generates in excess of $2 trillion dollars a year in revenue. As of year end 2005, the health care industry consumed an astonishing 17.9% of U.S. Gross Domestic Product making Healthcare and related industries a market of staggering size with tremendous growth potential for all of its participants.

The health-care industry is currently undergoing a digital conversion and fast becoming a business based on the transfer, storage and management of information. Premier's ability to procure, host and control the flow of health information accurately, securely and efficiently through its suite of patent pending software applications is what distinguishes Premier from its competitors in this multi billion dollar market space.

The demand for Premiers services is strong, recent industry data estimates that cost savings for insurance companies and healthcare providers who invest in new technologies and information services range from $45 billion to $100 billion on an industry-wide basis.

About Premier Information Management, Inc. Premier Information Management, Inc., located in Phoenix, AZ, is a national provider of outsourced processing services currently focusing its business strategies in two heavily information intensive industries, insurance and healthcare. Specifically, Premier implements process solutions to efficiently procure and manage information necessary for Insurance Carriers, Brokers, and Agents to evaluate risk associated with underwriting and claim requirements. Premier leverages its proprietary suite of applications, PiSuite™, built around its PiImageX™ solution to deliver cutting edge EDI technology and uncompromising service to reduce underwriting processing times by up to 40% and cut case costs by seamlessly migrating mission critical information into end users' systems. Premier's streamlined approach produces information request turnaround times previously uncharted in the industry, significantly influencing their clients' bottom line.

For more information, including company news and investor relations information, visit the company's website at: www.premierinformationmanagement.com

Except historical matter contained herein, matters discussed in this news release are forward-looking statements and are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect assumptions and involve risks and uncertainties, which may affect the Company's business and prospects and cause actual results to differ materially from these forward-looking statements.

Contact Information

  • Contact:
    Premier Information Management, Inc
    Investor Relations
    Allen Yoong
    416-628-8024