SOURCE: Premier Information Management, Inc.

November 09, 2007 06:00 ET

Premier Information Management, Inc.: Superior Performance Earns New Contracts From Major U.S. Insurance Provider

PHOENIX, AZ--(Marketwire - November 9, 2007) - Premier Information Management, Inc. (PINKSHEETS: PIFR) is pleased to announce that following a successful trial period, a major U.S. insurance provider has begun increasing integration to Premier's information processing systems from the first "test" region to five regions with further additional expansion being discussed.

"In the modern-day competitive business environment, rapid and reliable access to accurate information can mean the difference between success or failure. Premier managed an average order completion rate of less than 15 days in more than 85% of the orders submitted by its client. The current industry standard is 20 to 25 days. In addition, the advantage provided by our unique technology to quickly integrate and deliver orders helped ensure a successful trial and the subsequent significant increase in client demand," said Tom Miller, CEO of Premier.

About Premier Information Management, Inc.

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.

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

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.

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