SOURCE: Premier Information Management, Inc.

July 16, 2008 14:00 ET

Premier Launches Significantly Improved Client Software

PHOENIX, AZ--(Marketwire - July 16, 2008) - Premier Information Management, Inc. (PINKSHEETS: PIFR) today launched a major upgrade of its proprietary client software providing customers with greatly improved capabilities and faster access times.

Premier engaged Nanohex Corp earlier in the year with the specific remit of decreasing order processing times and improving client interface tools. Client beta testing was successfully completed last week and the new software is now live for all clients to use.

"Clients and internal staff are very pleased with the new changes and we fully expect these changes to significantly benefit sales and bottom line margins," 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 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: www.premierinformationmanagement.com.

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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